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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

    $308,973

    AVERAGE PRICE OF 529 HOMES

    $176,157

    AVERAGE PRICE OF 26 DISTRESSED HOMES

    $2,915,833

    AVERAGE PRICE OF 6 MULTI-MILLION DOLLAR HOMES

    $352,038

    AVERAGE PRICE OF 61 NEWLY BUILT HOMES

    $330,417

    AVERAGE PRICE OF 17 HOMES WITH A POOL

    $288,444

    AVERAGE PRICE OF 27 REDUCED PRICE HOMES

    Average Home

    Average Price $308,973
    Avg Bedrooms 2.96 beds
    Avg Bathrooms 1.69 baths

    Average Price by Bedrooms

    1 bedroom $220,000
    2 bedrooms $206,576
    3 bedrooms $259,762
    4 bedrooms $337,383
    5 bedrooms $387,410
    Portsmouth Home Price Trends
      11/2024 10/2024 9/2024 8/2024 7/2024
    Total Listings 541 569 567 555 555
    Average Price $310,734 $303,661 $296,337 $287,438 $290,097
    Avg Price Change +2.33% +2.47% +3.10% -0.93% -1.96%
    Median Price $274,456 $268,525 $267,488 $269,274 $271,753
    Med Price Change +2.21% +0.39% -0.67% -0.92% -1.11%
    Avg Bedrooms 2.95 beds 2.88 beds 2.86 beds 2.86 beds 2.88 beds
    Avg Bathrooms 1.68 baths 1.65 baths 1.65 baths 1.65 baths 1.68 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Manor High 202 $266,115 61 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 529 $308,973 65 days
    Distressed Homes 26 $176,157 108 days
    Multi-Million Dollar Homes 6 $2,915,833 184 days
    Newly Built Homes 61 $352,038 71 days
    Homes with a Pool 17 $330,417 53 days
    Reduced Price Homes 27 $288,444 47 days