The Portola Springs housing market is very competitive. The median sale price of a home in Portola Springs was $1.8M last month, up 45.8% since last year. The median sale price per square foot in Portola Springs is $817, up 23.9% since last year.
What is the housing market like in Portola Springs today?
In March 2024, Portola Springs home prices were up 45.8% compared to last year, selling for a median price of $1.8M. On average, homes in Portola Springs sell after 22 days on the market compared to 44 days last year. There were 39 homes sold in March this year, down from 45 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,825,000
+45.8% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Portola Springs, CA
$1,825,000
+45.8%
United States
To compare other locations to the Portola Springs and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Irvine add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Portola Springs housing market?
Portola Springs is very competitive. Homes sell in 20.5 days.
0
100
88
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 4% above list price and go pending in around 21 days.
Hot homes
can sell for about 8% above list price and go pending in around 7 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Portola Springs, CA
101.7%
+2.9 pt
United States
Home offer insights for Portola Springs
Explore recent offers and recently sold homes in Portola Springs
Recent offers
Offer Not Accepted|
9 Weeks Ago
~$2.25M Offer
Sold for $2.25M
4bd | 3.5ba | ~2,500sqft
Over List Price
13%
Days on Market
28
Competing Offers
20
Down Payment
—
Stuart Gavan
Portola Springs Redfin Agent
Irvine is highly competitive. 20 offers received on this home. My client offered 13% over list ($250,000 above list price), approximately 50% down payment and with a full contingency removal. 7 of those offers went more than 16% ($300,000+) over list price. …
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
9/10
Stonegate Elementary School
Public • K-6 • Choice school
1066
Students
15 reviews
8/10
Beacon Park
Public • K-8 • Choice school
950
Students
2 reviews
7/10
Portola Springs Elementary
Public • K-6 • Choice school
1030
Students
12 reviews
NR
Loma Ridge
Public • N/A • Choice school
-
Students
3 reviews
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Portola Springs housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Portola Springs.
Risk Factor
Flood Factor - Moderate
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Portola Springs has a moderate risk of flooding. 138 properties in Portola Springs are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in Portola Springs. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Portola Springs has a major risk of wildfire. There are 2,105 properties in Portola Springs that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Portola Springs.
Portola Springs has minimal risk of severe winds over the next 30 years
Wind Factor
Portola Springs has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.