Portland, WI housing market
Home prices around Portland have risen about 58% over the past 5 years. Builders were permitted 1 new home in 2025.
Home values, sales, trends and how Portland compares with the towns next door — updated as new data is published.
Home prices up 58% in 5 years
The federal house price index for the ZIP codes around Portland rose 58% over the past 5 years, about the same as across Wisconsin. Last year prices rose 4.9%.
Show as a table
| Year | Change that year | Since 2000 | Wisconsin since 2000 |
|---|---|---|---|
| 2025 | +4.9% | +132% | +143% |
| 2024 | +6.3% | +121% | +131% |
| 2023 | +11% | +108% | +116% |
| 2022 | +10% | +87% | +95% |
| 2021 | +16% | +70% | +70% |
| 2020 | +2% | +47% | +54% |
| 2019 | +2.6% | +44% | +50% |
| 2018 | +6.6% | +40% | +43% |
| 2017 | +5.5% | +31% | +36% |
| 2016 | +5.6% | +25% | +29% |
| 2015 | +3.5% | +18% | +24% |
| 2014 | +1.9% | +14% | +21% |
| 2013 | −2.3% | +12% | +19% |
| 2012 | −2.1% | +14% | +19% |
| 2011 | −1.4% | +17% | +21% |
| 2010 | −5.9% | +19% | +25% |
| 2009 | −3.9% | +26% | +31% |
| 2008 | −2.4% | +31% | +36% |
| 2007 | +1.5% | +34% | +38% |
| 2006 | +5.6% | +32% | +36% |
| 2005 | +12% | +25% | +32% |
| 2004 | +4.6% | +12% | +21% |
| 2003 | +2.7% | +7% | +13% |
| 2002 | +3.4% | +4.2% | +9.3% |
| 2001 | +0.8% | +0.8% | +5.2% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 53594, 53579, 53925, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
1 new home permitted in 2025
Builders were permitted 1 new home in Portland in 2025. Over the past 10 years, Portland has permitted 25 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Portland gained 12 residents while 20 new homes were permitted: about 0.6 new residents per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year. Across Wisconsin: 1.3 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
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| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 1 | 1 | 0 | $353,000 |
| 2025 | 1 | 1 | 0 | $367,000 |
| 2024 | 1 | 1 | 0 | $353,000 |
| 2023 | 6 | 6 | 0 | $1.8 million |
| 2022 | 2 | 2 | 0 | $547,000 |
| 2021 | 1 | 1 | 0 | $245,000 |
| 2020 | 2 | 2 | 0 | $541,000 |
| 2019 | 2 | 2 | 0 | $541,000 |
| 2018 | 5 | 5 | 0 | $1.1 million |
| 2017 | 3 | 3 | 0 | $960,000 |
| 2016 | 2 | 2 | 0 | $619,000 |
| 2015 | 3 | 3 | 0 | $755,000 |
| 2014 | 1 | 1 | 0 | $200,000 |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 1 | 1 | 0 | $220,000 |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 3 | 3 | 0 | $393,000 |
| 2009 | 5 | 5 | 0 | $1 million |
| 2008 | 5 | 5 | 0 | $810,000 |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 6 | 6 | 0 | $1.4 million |
| 2005 | 4 | 4 | 0 | $600,000 |
| 2004 | 2 | 2 | 0 | $269,000 |
| 2003 | 2 | 2 | 0 | $269,000 |
| 2002 | 2 | 2 | 0 | $269,000 |
| 2001 | 6 | 6 | 0 | $720,000 |
| 2000 | 6 | 6 | 0 | $841,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Portland and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Portland | — | +4.9%† | $1,250 | 1 | $81,429 |
| York | — | +1.3%† | $1,330 | — | $121,667 |
| Elba | — | +8.3%† | $1,310 | 2 | $110,500 |
| Waterloo | $323K | +3.6% | $1,300 | — | $125,000 |
| Lowell | — | +10.3%† | $1,100 | 1 | $95,592 |
| Shields | — | +7.5%† | $1,260 | — | $98,333 |
| Waterloo | — | +0.3%† | $1,330 | 0 | $87,776 |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,250
HUD's Fair Market Rent for a two-bedroom in Portland is $1,250 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Portland pay a median of $1,119, so moving in tends to cost more than staying put.
Studio $910 · 4 bedrooms $1,810
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (53579, 53594, 53925; Madison, WI HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.