Current Price

$173,277

1 Month Forecast

â–² $194,491

1-Year Forecast *

â–² $206,617

5-Year Forecast *

â–² $260,659

"Is it a good time to buy homes in Portsmouth?" "Does investing in real estate in Portsmouth (Michigan State, Bay County) worth it?" According to our live Forecast System, buying a house in Portsmouth is a good short-term (1-year) investment*. The Portsmouth average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Portsmouth" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Portsmouth in Michigan State, Bay County. If you are looking for homes for sale with good flipping profit, Portsmouth can be a profitable property investment option. The median price of an average house in Portsmouth was 173,277 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Portsmouth" area is 260,659 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +50.43% meaning that investing 100000 USD today may yield a profit of 50,429 USD by 2031.

Current Median Listing Price: 173,277 USD Median Listing Price Per Square Foot: 96 USD

Portsmouth Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Portsmouth (Michigan State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Portsmouth Price Target

Portsmouth median home price target in 12 months: $206,617* (upside of 19.2%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $186,277 $193,176 $186,277 $193,176
2024 $164,061 $173,277 $164,061 $173,277
2023 $148,723 $163,585 $148,723 $163,585
2022 $140,774 $148,014 $140,774 $148,487
2021 $125,652 $139,581 $125,652 $139,581
2020 $112,708 $124,497 $112,708 $124,497
2019 $104,564 $112,196 $104,564 $112,196
2018 $99,355 $104,690 $99,355 $104,765
2017 $94,437 $98,982 $94,266 $98,982
2016 $93,127 $94,451 $93,127 $95,264
2015 $88,550 $92,848 $88,456 $92,848
2014 $87,885 $88,523 $87,885 $90,837
2013 $85,239 $87,706 $85,239 $88,837
2012 $83,698 $85,053 $82,858 $85,053

Questions & Answers about the Portsmouth Housing Market Forecast

How much does an average home cost in Portsmouth today?

The value of an average home (the listing price) in Portsmouth is $173,277 USD.

What is the average price per square foot in Portsmouth?

According to Walletinvestor the median price per square foot in Portsmouth is 96 USD.

Will the median listing price of homes in Portsmouth grow / rise / go up?

Yes. The Portsmouth home prices may rise from 173,277 USD to 206,617 USD in one year.

Is it profitable to invest in Portsmouth homes?

Yes. The long-term profit potential is +19.24% in one year.

Will Portsmouth house prices fall / drop?

No. See above.

What is the predicted price of a Portsmouth home in 2030?

The predicted home sales price of a Portsmouth home in 2030 in Portsmouth is 243,471 USD.

What is the predicted price of a Portsmouth home in 2035?

The predicted home sales price of a Portsmouth home in 2035 in Portsmouth is 330,766 USD.

Will real estate prices decrease in Portsmouth?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Portsmouth is the 11124. largest city in the United States, located in Michigan State.

During the last 12 months the real estate prices in Bay, Portsmouth decreased, looking at the past 12 months.

According to Walletinvestor's Portsmouth real estate market research, home values will increase in the next 12 months.

Median home values decreased by 8.005% to 173,277 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 20.621% in 2021
  • 17.841% in 2022
  • 17.271% in 2023
  • 17.621% in 2024
  • 19.061% in 2025
  • 19.141% in 2026

Based on our Portsmouth real estate market research and report the predicted sales prices will increase by 481.091% in the next 10 years.

Over the last 12 months, the value of homes in Portsmouth fluctuated: increasing 4 times .

Portsmouth (Michigan) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Portsmouth Housing Market Forecast with Real Estate Prices for 2025
August 2025 194491 177182 211801
September 2025 195816 180934 210698
October 2025 197149 181969 212330
November 2025 198492 185590 211394
December 2025 199843 186654 213033
Portsmouth Housing Market Forecast with Real Estate Prices for 2026
January 2026 201058 185376 216741
February 2026 201311 191044 211578
March 2026 201922 188797 215047
April 2026 202453 192128 212778
May 2026 203832 189971 217692
June 2026 205219 192701 217738
July 2026 206617 195046 218187
August 2026 208024 196791 219257
September 2026 209152 197649 220655
October 2026 210576 193730 227422
November 2026 211696 192220 231172
December 2026 211758 191429 232086
Portsmouth Housing Market Forecast with Real Estate Prices for 2027
January 2027 210987 190732 231242
February 2027 210438 196760 224116
March 2027 210550 196022 225078
April 2027 211356 191277 231434
May 2027 212368 200263 224473
June 2027 213329 199249 227408
July 2027 214481 200969 227993
August 2027 215942 198666 233217
September 2027 217412 202628 232196
October 2027 218892 206853 230932
November 2027 220383 208262 232504
December 2027 221884 204355 239412
Portsmouth Housing Market Forecast with Real Estate Prices for 2028
January 2028 223395 205746 241043
February 2028 224916 203549 246283
March 2028 226447 209011 243884
April 2028 227832 215757 239908
May 2028 228496 216614 240378
June 2028 229888 208738 251037
July 2028 231453 208539 254367
August 2028 233029 219980 246079
September 2028 234616 212093 257139
October 2028 235250 215724 254776
November 2028 235211 217335 253087
December 2028 235310 223074 247546
Portsmouth Housing Market Forecast with Real Estate Prices for 2029
January 2029 235659 214685 256632
February 2029 236855 213643 260067
March 2029 237915 219834 255997
April 2029 239157 224569 253746
May 2029 240786 222486 259085
June 2029 242183 229590 254777
July 2029 243471 221072 265870
August 2029 244778 226420 263136
September 2029 246253 224829 267677
October 2029 247682 227125 268240
November 2029 249369 231664 267074
December 2029 251067 231233 270901
Portsmouth Housing Market Forecast with Real Estate Prices for 2030
January 2030 252777 229774 275779
February 2030 254498 241009 267986
March 2030 256231 239576 272886
April 2030 257976 242497 273454
May 2030 259544 237483 281605
June 2030 259870 233883 285857
July 2030 260659 246584 274735
August 2030 261345 239130 283559
September 2030 263124 247074 279175
October 2030 264916 248756 281076
November 2030 266720 248850 284590
December 2030 268536 249201 287871
Portsmouth Housing Market Forecast with Real Estate Prices for 2031
January 2031 269992 253253 286732
February 2031 271831 251987 291675
March 2031 273276 253874 292679
April 2031 273356 247934 298778
May 2031 272361 258199 286524
June 2031 271652 250192 293113
July 2031 271797 256304 287289
August 2031 272837 246918 298757
September 2031 274144 248923 299365
October 2031 275384 255832 294936
November 2031 276872 256660 297083
December 2031 278757 257293 300221
Portsmouth Housing Market Forecast with Real Estate Prices for 2032
January 2032 280655 260729 300582
February 2032 282566 256570 308562
March 2032 284490 258033 310948
April 2032 286427 261222 311633
May 2032 288378 264442 312313
June 2032 290341 272340 308343
July 2032 292319 271564 313073

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.