If you are weighing when to list, recent pricing and pace give you a clear starting point.
If you are trying to decide whether to put your home on the market now or wait, I would start with pricing discipline and timing, not guesswork. In Portage, IN, the clearest takeaway from the most recent closed numbers is that homes were still moving in a seller's market, with supply at 1.98 months over the previous month.
That matters because a low supply number can create opportunity, but it does not give a seller permission to overshoot the market. A typical sold price was $305,000 last month, while a typical asking price for active homes was $313,354, so I would treat pricing as a positioning decision, not an optimism exercise.
The pace matters too. A typical sale took 37 days recently, and recent offers landed at 98.8% of asking. In Portage, IN, that tells me serious sellers should expect negotiation, even in a market that still favors them. I would not build a strategy around buyers paying any number just because supply is limited.
Start with a price that matches the current competition in Portage, IN, not the peak number you hope to test. Clean up condition issues before you list so buyers do not use them to negotiate harder. Review the homes already for sale and the homes that just closed, then decide where your property needs to stand on price and presentation. Move quickly once the plan is set.
