Much like nearby areas, it's significantly less expensive compared to the rest of the country. It is close to average compared to the city of Buffalo.
Home prices
The median home in Portville costs $86,800. Compared to other places in this area this is about $3,220 (3%) lower.Compared to the entire country it is roughly $130,700 (60%) lower, and in comparison to the city of Buffalo is roughly $3,000 (3%) lower.
Rents
In Portville the median monthly rent is $625. In comparison to the surrounding areas it is about $51 (8%) higher.In comparison to the nation as a whole it is about $437 (41%) lower, and it is approximately $151 (19%) lower in comparison to the city of Buffalo.
Nearby places
Weston Mills
Weston Mills is roughly 2 miles northwest from Portville. The housing prices there are somewhat less expensive. Weston Mills's median home cost is $81,800, which comes out to $5,000 (6%) lower than Portville. Rents there are a little less expensive. In Weston Mills the median rent is $590 a month, which comes out to $35 (5%) lower than Portville.
Olean
Olean is about 5 miles northwest from Portville. Real estate prices there are somewhat less expensive. The price of the median home in Olean is $80,200, which works out to $6,600 (8%) lower than Portville. The rent there is similar. Olean's median monthly rent is $648, which is $23 (3%) higher than Portville.
Eldred
Eldred is about 5 miles south of Portville. The housing prices there are somewhat less expensive. The median home in Eldred is valued at $81,100, which comes out to $5,700 (7%) lower than Portville. Its rents are significantly less expensive. The median monthly rent in Eldred is $430, which is $195 (45%) lower than Portville.
St. Bonaventure
St. Bonaventure is about 6 miles northwest of Portville. The housing prices there are somewhat more expensive. St. Bonaventure's median home price is $97,100, which comes out to $10,300 (10%) higher than Portville. The rent there is a bit less expensive. The median monthly rent in St. Bonaventure is $543, which comes out to $82 (15%) lower than Portville.
Allegany
Allegany is approximately 7 miles northwest of Portville. Housing prices there are a little more expensive. The median home in Allegany costs $109,900, which works out to $23,100 (21%) higher than Portville. The rent there is a little more expensive. The median monthly rent in Allegany is $659, which works out to $34 (5%) higher than Portville.