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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

    $292,295

    AVERAGE PRICE OF 548 HOMES

    $239,492

    AVERAGE PRICE OF 25 DISTRESSED HOMES

    $1,658,800

    AVERAGE PRICE OF 5 MULTI-MILLION DOLLAR HOMES

    $324,748

    AVERAGE PRICE OF 60 NEWLY BUILT HOMES

    $344,998

    AVERAGE PRICE OF 9 HOMES WITH A POOL

    $282,692

    AVERAGE PRICE OF 27 REDUCED PRICE HOMES

    Average Home

    Average Price $292,295
    Avg Bedrooms 2.89 beds
    Avg Bathrooms 1.69 baths

    Average Price by Bedrooms

    1 bedroom $183,300
    2 bedrooms $206,064
    3 bedrooms $275,163
    4 bedrooms $321,644
    5 bedrooms $398,883
    Portsmouth Home Price Trends
      6/2024 5/2024 4/2024 3/2024 2/2024
    Total Listings 547 514 501 462 465
    Average Price $295,773 $296,743 $287,801 $290,922 $286,765
    Avg Price Change -0.33% +3.11% -1.08% +1.45% +2.37%
    Median Price $274,763 $274,451 $270,053 $269,938 $268,184
    Med Price Change +0.11% +1.63% +0.04% +0.65% +1.20%
    Avg Bedrooms 2.92 beds 2.96 beds 2.97 beds 2.96 beds 2.92 beds
    Avg Bathrooms 1.73 baths 1.74 baths 1.73 baths 1.73 baths 1.72 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Manor High 208 $263,649 75 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 548 $292,295 65 days
    Distressed Homes 25 $239,492 114 days
    Multi-Million Dollar Homes 5 $1,658,800 210 days
    Newly Built Homes 60 $324,748 102 days
    Homes with a Pool 9 $344,998 67 days
    Reduced Price Homes 27 $282,692 37 days