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Portsmouth

Why you'd want to live in Portsmouth

Portsmouth has miles of waterfront land on the Elizabeth River as part of the harbor of Hampton Roads. There is a ferry boat that takes riders back and forth across the water between Downtown Norfolk and Olde Towne Portsmouth. Portsmouth is located on the western side of the Elizabeth River directly across from the City of Norfolk.

Portsmouth Market Report

$275,114

AVERAGE PRICE OF 443 HOMES

$235,455

AVERAGE PRICE OF 29 DISTRESSED HOMES

$2,026,000

AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES

$342,284

AVERAGE PRICE OF 22 NEWLY BUILT HOMES

$323,571

AVERAGE PRICE OF 7 HOMES WITH A POOL

$273,835

AVERAGE PRICE OF 14 REDUCED PRICE HOMES

Average Home

Average Price $275,114
Avg Bedrooms 2.85 beds
Avg Bathrooms 1.57 baths

Average Price by Bedrooms

1 bedroom $170,000
2 bedrooms $161,668
3 bedrooms $243,822
4 bedrooms $305,517
5 bedrooms $346,317
Portsmouth Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 431 417 406 384 391
Average Price $267,563 $262,862 $256,297 $255,862 $257,283
Avg Price Change +1.79% +2.56% +0.17% -0.56% +2.47%
Median Price $250,799 $242,587 $234,891 $237,763 $239,859
Med Price Change +3.39% +3.28% -1.22% -0.88% +0.21%
Avg Bedrooms 2.95 beds 2.95 beds 2.88 beds 2.91 beds 2.91 beds
Avg Bathrooms 1.63 baths 1.61 baths 1.55 baths 1.57 baths 1.59 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Churchland 118 $296,450 52 days
Ic Norcom 141 $270,168 56 days
Manor High 163 $236,536 73 days
Other High School 4 $261,000 84 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 443 $275,114 71 days
Distressed Homes 29 $235,455 136 days
Multi-Million Dollar Homes 4 $2,026,000 38 days
Newly Built Homes 22 $342,284 47 days
Homes with a Pool 7 $323,571 17 days
Reduced Price Homes 14 $273,835 132 days
©2023 REIN, Inc. Information Deemed Reliable But Not Guaranteed. The listings data displayed on this medium comes in part from the Real Estate Information Network, Inc, (REIN) and has authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon data submitted by its Broker Members, and REIN therefore makes no representation or warranty regarding the accuracy of the data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent.

©2023 REIN. REIN's listings data and information is protected under federal copyright laws. Federal law prohibits, among other acts, the unauthorized copyright or alteration of. or preparation of derivative works from, all or any part of copyrighted materials, including certain compilations of data and information. COPYRIGHT VIOLATORS MAY BE SUBJECT TO SEVERE FINES AND PENALTIES UNDER FEDERAL LAW.

REIN update its listing on a daily basis. data last updated: June 6, 2023

Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings, user is advised to verify the accuracy of the listing information before making any financial decisions.

Some or all of the listings (or listings data) represented in this application have been enhanced with data not provided by REIN. The enhancements are as follows: Property Description, Property Photos. The source of these enhancements are: Google, Zillow, Trulia, etc.

This website does not include information on all the properties available for sale at this time.

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