Portage Indiana Home Sales and Values
October 2019 vs 2018
Home Sales in Portage IN are doing well. Comparing October of 2019 to 2018 there were 5.12% more homes sold in 2019 with 41 compared to 39 in the previous period. The value per square foot increased 6.10% to $109.07 compared to $102.79 in the previous period. The average market time was slightly better in 2019 but under a 1% difference.
If you are looking to buy a house in Portage IN, the Real Estate market is doing extremely well, and it is still currently a Sellers’ Market. With interest rates coming back down I foresee the real estate market staying strong with home values increasing. The lower the rates go the more affordable homes are. Especially with home appreciation and values increasing.
If you are a first-time home buyer there are a lot of different programs out there to help you purchase a home with little to no money down. Feel free to contact me with any questions you may have. I’m here to help and guide you through the entire real estate process.