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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

    $318,264

    AVERAGE PRICE OF 496 HOMES

    $197,896

    AVERAGE PRICE OF 28 DISTRESSED HOMES

    $3,220,000

    AVERAGE PRICE OF 5 MULTI-MILLION DOLLAR HOMES

    $357,551

    AVERAGE PRICE OF 60 NEWLY BUILT HOMES

    $441,262

    AVERAGE PRICE OF 11 HOMES WITH A POOL

    $269,915

    AVERAGE PRICE OF 12 REDUCED PRICE HOMES

    Average Home

    Average Price $318,264
    Avg Bedrooms 3.02 beds
    Avg Bathrooms 1.69 baths

    Average Price by Bedrooms

    1 bedroom $285,000
    2 bedrooms $191,019
    3 bedrooms $267,118
    4 bedrooms $344,603
    5 bedrooms $391,004
    Portsmouth Home Price Trends
      2/2025 1/2025 12/2024 11/2024 10/2024
    Total Listings 516 490 505 541 569
    Average Price $310,570 $306,708 $307,176 $310,734 $303,661
    Avg Price Change +1.26% -0.15% -1.16% +2.33% +2.47%
    Median Price $271,786 $268,496 $271,158 $274,456 $268,525
    Med Price Change +1.23% -0.99% -1.22% +2.21% +0.39%
    Avg Bedrooms 3.02 beds 2.99 beds 2.94 beds 2.95 beds 2.88 beds
    Avg Bathrooms 1.68 baths 1.68 baths 1.67 baths 1.68 baths 1.65 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Ic Norcom 172 $287,977 67 days
    Total Homes Average Price Avg Days on Site
    All Homes 496 $318,264 71 days
    Distressed Homes 28 $197,896 104 days
    Multi-Million Dollar Homes 5 $3,220,000 260 days
    Newly Built Homes 60 $357,551 94 days
    Homes with a Pool 11 $441,262 78 days
    Reduced Price Homes 12 $269,915 35 days
    ©2025 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.

    ©2025 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: March 20, 2025

    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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