Is Portage, ME 04768 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Portage is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.3Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list91.3%Sold price ÷ list price
Median days on market8Listing to accepted offer
Median price per sq ft$234▲ +37.6% vs. last year

The Portage housing market right now

In the three months ending August 31, 2026, 0% of homes in Portage, ME 04768 sold above their list price, the typical home went under contract in 8 days and there were 4.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 3 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (106 days then) and the median sale price fell 33% to $228,901. Overall, Portage is more competitive than a year ago, so tougher for buyers.

Within Aroostook County, homes here sell faster than in 95% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, New Limerick 04761 (100% sold over asking) and Kingman 04451 (50% sold over asking) are even more competitive.

Nearby markets

Ashland 04732Buyer’s market $112 /sq ftBenedicta 04733 $93 /sq ftBlaine 04734Seller’s market $118 /sq ftBridgewater 04735Buyer’s market $135 /sq ft Browse all markets →

Where Portage is

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Questions about Portage real estate

Is Portage a buyer’s or seller’s market?

A balanced market: there were 4.3 months of supply in Portage, ME 04768 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Portage?

The typical home went under contract in 8 days in the latest three months.

Do homes in Portage sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 91.3% of the list price.

What are property taxes in Portage?

About 1.12% of a home’s value a year in Aroostook County, or roughly $4,480 on a $400,000 home.

What is the median home price in Portage?

The median sale price was $228,901 in the three months ending August 31, 2026, about $234 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology