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PORTLAND, MI 48875

Real Estate Market Report
Seller's Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The PORTLAND, MI real estate market (48875) currently shows 17 active listings, with 7 pending sales. Homes are averaging 48 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 48 days on market compared to 62 days last year.

The median listing price has risen 31.6% year-over-year, from $292,475 to $385,000.

Whether you are buying or selling in PORTLAND, MI, 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.

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Market Context

Market Context

Population: 10,899  ·  Density: 49.4/mi²  ·  Median household income: $89,513

Typical home value: $196,852  ·  Homeownership: 76.5%

Market Overview

Active Listings
17
⇩ 15% vs 20 last year
Pending
7
41% pending ratio
Median Price
$385,000
⇧ 31.6% vs $292,475 last year
Average Price
$358,611
⇧ 3.7% vs $345,822 last year
Days on Market
48
⇩ 22.6% vs 62 days last year

Price Per Square Foot

Median $/sqft
$199
⇧ 18.5% vs $168/sqft last year
Median Home Size
1,609 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 17 this year vs 20 last year
  • Days on market: 48 now vs 62 last year

Median & Average Pricing

Year over Year
  • Median: $385,000 (+31.6% YoY)
  • Average: $358,611 (+3.7% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.9 miles — 210 listings ($57,566,196 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48875Portland, MI 488750.0 mi19$7,004,350$362,500$368,650
48851Lyons, MI 488516.7 mi6$6,230,700$326,950$1,038,450
48861Mulliken, MI 488618.9 mi6$2,073,798$311,900$345,633
48849Lake Odessa, MI 4884911.0 mi10$2,677,710$230,000$267,771
48873Pewamo, MI 4887311.6 mi1$109,000$109,000$109,000
48881Saranac, MI 4888114.6 mi8$2,171,736$214,900$271,467
48835Fowler, MI 4883515.1 mi4$1,158,532$265,000$289,633
48815Clarksville, MI 4881516.3 mi1$220,000$220,000$220,000
48917Lansing, MI 4891717.5 mi67$18,729,850$272,500$279,550
48870Palo, MI 4887017.6 mi1$240,000$240,000$240,000
48906Lansing, MI 4890618.1 mi80$14,783,520$149,500$184,794
48834Fenwick, MI 4883419.4 mi3$747,000$249,000$249,000
49325Freeport, MI 4932519.9 mi4$1,420,000$355,000$355,000

Frequently Asked Questions

How many homes are for sale in PORTLAND, MI 48875?

As of February 2026, there are 17 active listings in PORTLAND, MI (zip code 48875), compared to 20 the prior year.

What is the median home price in PORTLAND, MI 48875?

The median listing price in PORTLAND, MI 48875 is $385,000 as of February 2026, a 31.6% increase from $292,475 the prior year.

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

Homes in PORTLAND, MI 48875 spend an average of 48 days on the market before going under contract, compared to 62 days the prior year.

Is it a seller's or buyer's market in PORTLAND, MI 48875?

Based on current inventory and days-on-market data as of February 2026, PORTLAND, MI 48875 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 48 days on market compared to 62 days last year.

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

With SELL123.com's maximum 3% commission, sellers in PORTLAND, MI 48875 save an estimated $7,700 compared to a typical 5% commission on the median listing price of $385,000. 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.