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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

    $184,371

    AVERAGE PRICE OF 892 HOMES

    $120,532

    AVERAGE PRICE OF 96 DISTRESSED HOMES

    $1,761,590

    AVERAGE PRICE OF 3 MULTI-MILLION DOLLAR HOMES

    $240,815

    AVERAGE PRICE OF 47 NEWLY BUILT HOMES

    $282,168

    AVERAGE PRICE OF 22 HOMES WITH A POOL

    $158,080

    AVERAGE PRICE OF 31 REDUCED PRICE HOMES

    Average Home

    Average Price $184,371
    Avg Bedrooms 2.78 beds
    Avg Bathrooms 1.56 baths

    Average Price by Bedrooms

    1 bedroom $61,501
    2 bedrooms $98,671
    3 bedrooms $169,936
    4 bedrooms $229,215
    5 bedrooms $279,852
    Portsmouth Home Price Trends
      6/2019 5/2019 4/2019 3/2019 2/2019
    Total Listings 928 899 839 805 792
    Average Price $183,042 $187,073 $186,841 $186,421 $186,731
    Avg Price Change -2.20% +0.12% +0.23% -0.17% +0.38%
    Median Price $168,685 $169,372 $166,522 $164,922 $163,034
    Med Price Change -0.41% +1.71% +0.97% +1.16% +1.93%
    Avg Bedrooms 2.82 beds 2.86 beds 2.84 beds 2.82 beds 2.82 beds
    Avg Bathrooms 1.55 baths 1.58 baths 1.57 baths 1.56 baths 1.56 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Churchland 258 $212,073 73 days
    Ic Norcom 276 $149,762 89 days
    Other High School 1 $55,000 54 days
    Woodrow Wilson 321 $160,571 97 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 892 $184,371 96 days
    Distressed Homes 96 $120,532 135 days
    Multi-Million Dollar Homes 3 $1,761,590 223 days
    Newly Built Homes 47 $240,815 84 days
    Homes with a Pool 22 $282,168 81 days
    Reduced Price Homes 31 $158,080 60 days

    School Data

    Highly Rated Portsmouth Schools

    8

    VICTORY ELEMENTARY SCHOOL
    Elementary School
    Public