Portage, PA—15946
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Portage, PA
As of Oct '25, the median home price in Portage, PA is $116,000, with a year-over-year change of -11.1%. This indicates that home prices in Portage, PA are decreasing. According to Zillow, the 1-year price projection is -4.2%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $116,000 | -11.1% |
| Single Family | $116,000 | -12.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Portage, PA
As of July '25, Rentcast reports the average rent in Portage, PA is $850, with a year-over-year rent change of 11.5%. Per bedroom, the median rent as of July '25 in Portage, PA is 1-bedrooms: $850, 2-bedrooms: $850. The most common rental property sizes in Portage, PA are 1-bedroom and 2-bedroom, accounting for 36.3% and 22.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $850 | $850 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $850 | $850 |
| 2 Bed Rent | $850 | $850 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Portage, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Portage, PA is 99. This is a increase of 32.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 10.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $165,000 | 1.0% |
Listing Count | 20 | 94.0% |
| Listings as % of Homes | 0.2% | 94.0% |
Days on Market | 99 | 32.0% |
Demographics — Portage, PA
As of the latest ACS Survey released in 2023, Portage, PA has a population of 6,630, which has decreased by -1.7% over the past 5 years. Portage, PA is a moderately popular place for families, as children make up 18.6% of the population. The area has a poorly educated workforce, with 21.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,630 | -1.7% |
% Under 18 | 18.6% | -11.4% |
% Seniors | 27.9% | 25.7% |
% WFH | 8.0% | 135.3% |
% w/ College Degree | 21.4% | 6.5% |
As of the latest ACS Survey released in 2023, Portage, PA is a predominantly white area, with 95.6% of the population identifying as white. The white population has shrunk by 3.2% in the last 5 years. The second most common race or ethnicity in Portage, PA is hispanic, making up 0.6% of the population. Foreign-born residents account for 0.4% of the population in Portage, PA, and this percentage has decreased by 20.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 95.6% | -3.2% |
% Black | 0.3% | 200.0% |
% Hispanic | 0.6% | 20.0% |
% Asian | 0.4% | ∞% |
% Foreign Born | 0.4% | -20.0% |
Mortgage and Risk — Portage, PA
According to HUD data as of 2023, there were 104 mortgage originations in Portage, PA, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Portage, PA. Investor activity is low, as 0.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 104 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Portage, PA
Portage, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 88 |
Total Units Section 8 | 40 |
% Rentals under Section 8 | 8.4% |
% Occupied Section 8 | 94.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$100 | $850 | $750 |
| 2 Bedroom | $60 | $850 | $910 |
| 3 Bedroom | N/A | N/A | $1,220 |
| 4 Bedroom | N/A | N/A | $1,330 |
Affordability — Portage, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $116,000 |
| Median Household Income | $56,600 |