Call or Text (240) SELL-123

PORTLAND, IN 47371

Real Estate Market Report  ·  Jay County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
16
⇩ 36% vs 25 last year
Pending
5
31% pending ratio
Median Price
$161,200
⇧ 16.1% vs $138,900 last year
Average Price
$176,707
⇧ 14.1% vs $154,922 last year
Days on Market
59
⇩ 21.3% vs 75 days last year

Market Context

Population: 12,462  ·  Density: 21.9/mi²  ·  Median household income: $55,830

Typical home value: $106,879  ·  Homeownership: 75.3%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The PORTLAND, IN real estate market (47371) currently shows 16 active listings, with 5 pending sales. Homes are averaging 59 days on the market before going under contract.

Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 59 days on market compared to 75 days last year.

The median listing price has risen 16.1% year-over-year, from $138,900 to $161,200.

Whether you are buying or selling in PORTLAND, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for PORTLAND, IN 47371 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 16 this year vs 25 last year
  • Days on market: 59 now vs 75 last year

Median & Average Pricing

Year over Year
  • Median: $161,200 (+16.1% YoY)
  • Average: $176,707 (+14.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.2 miles — 127 listings ($33,299,097 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47371Portland, IN 473710.0 mi16$2,827,312$161,200$176,707
47326Bryant, IN 473268.8 mi1$109,900$109,900$109,900
45846Fort Recovery, OH 4584611.2 mi1$249,900$249,900$249,900
47373Redkey, IN 4737311.6 mi2$336,534$165,000$168,267
47382Saratoga, IN 4738212.7 mi2$194,900$97,450$97,450
45828Coldwater, OH 4582815.6 mi7$2,231,075$289,900$318,725
46711Berne, IN 4671117.0 mi13$5,870,319$319,700$451,563
46759Keystone, IN 4675917.1 mi1$149,995$149,995$149,995
47340Farmland, IN 4734018.8 mi7$1,612,800$199,900$230,400
45362Rossburg, OH 4536219.4 mi1$63,900$63,900$63,900
47348Hartford City, IN 4734820.7 mi41$9,695,352$175,000$236,472
47368Parker City, IN 4736820.8 mi2$398,000$199,000$199,000
45822Celina, OH 4582221.2 mi33$9,559,110$262,000$289,670

Frequently Asked Questions

How many homes are for sale in PORTLAND, IN 47371?

As of January 2026, there are 16 active listings in PORTLAND, IN (zip code 47371), compared to 25 the prior year.

What is the median home price in PORTLAND, IN 47371?

The median listing price in PORTLAND, IN 47371 is $161,200 as of January 2026, a 16.1% increase from $138,900 the prior year.

How long do homes stay on the market in PORTLAND, IN?

Homes in PORTLAND, IN 47371 spend an average of 59 days on the market before going under contract, compared to 75 days the prior year.

Is it a seller's or buyer's market in PORTLAND, IN 47371?

Based on current inventory and days-on-market data as of January 2026, PORTLAND, IN 47371 is currently a Seller's Market. Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 59 days on market compared to 75 days last year.

How much can I save on real estate commission in PORTLAND, IN?

With SELL123.com's maximum 3% commission, sellers in PORTLAND, IN 47371 save an estimated $3,224 compared to a typical 5% commission on the median listing price of $161,200. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.