Real Estate Market Update for Portland, TN
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was up 11% from one year earlier, and down 25% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was just over 260-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold did not change reflecting virtually no change in the local inventory-turnover rate. The median sale price was just under 170-thousand dollars. The number of units sold increased 6% year-over-year, and increased more than 125% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Portland, TN

Area Information for Portland, TN
  • Population: 11,801
  • Median Age: 35.95 yr
  • Median Commute Time: 23 mins
  • Educational Climate*: 3
  • Sales Tax: 0%
  • Population Density: 848/sq mi
  • Population Change Since 2000: 47.42%
  • Closest Airport: Nashville International
  • Closest College: Middle Tennessee School Of Anesthesia
  • Closest Jr. College: Volunteer State Community College
  • Median Household Income: $55,696
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $240,000
  • Closest Major Sports Team: Bowling Green Hot Rods (a)
  • Change Avg. Household Income Since 2000: 57.06%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Portland, TN
Median Age: 35.95 Married: 38% Number of Households: 4,287 Households with Children: 1,478
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Portland, TN

      School Name Distance Type Grades School Rating
      Portland East Middle School 1.3 mi Public 6-8 3
      Middle Technical College High School At Portland 1.3 mi Public 11-12 0
      J W Wiseman Elementary School 1.3 mi Public PRESCHOOL-5 4
      Clyde Riggs Elementary School 1.4 mi Public K-5 3
      Watt Hardison Elementary School 1.8 mi Public K-5 2
      Portland High School 2.5 mi Public 9-12 3
      Portland West Middle School 2.7 mi Public 6-8 4
      Portland Montessori Academy 2.7 mi Private PRESCHOOL-8 0
      Highland Academy 3.2 mi Private 9-12 0
      Highland Elementary School 3.3 mi Private PRESCHOOL-8 0
      Portland Gateview Elementary School 3.8 mi Public PRESCHOOL-5 3
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.
      Local Weather for Portland, TN
        Data powered by Attom Data Solutions. Copyright© 2022. Information deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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