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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

    $188,484

    AVERAGE PRICE OF 913 HOMES

    $129,330

    AVERAGE PRICE OF 104 DISTRESSED HOMES

    $2,221,193

    AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES

    $241,277

    AVERAGE PRICE OF 44 NEWLY BUILT HOMES

    $316,647

    AVERAGE PRICE OF 21 HOMES WITH A POOL

    $200,422

    AVERAGE PRICE OF 36 REDUCED PRICE HOMES

    Average Home

    Average Price $188,484
    Avg Bedrooms 2.86 beds
    Avg Bathrooms 1.58 baths

    Average Price by Bedrooms

    1 bedroom $59,990
    2 bedrooms $100,148
    3 bedrooms $167,233
    4 bedrooms $223,412
    5 bedrooms $269,931
    Portsmouth Home Price Trends
      4/2019 3/2019 2/2019 1/2019 12/2018
    Total Listings 839 805 792 764 819
    Average Price $186,841 $186,421 $186,731 $186,025 $184,821
    Avg Price Change +0.23% -0.17% +0.38% +0.65% -1.88%
    Median Price $166,522 $164,922 $163,034 $159,948 $160,627
    Med Price Change +0.97% +1.16% +1.93% -0.42% -1.88%
    Avg Bedrooms 2.84 beds 2.82 beds 2.82 beds 2.83 beds 2.82 beds
    Avg Bathrooms 1.57 baths 1.56 baths 1.56 baths 1.56 baths 1.55 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Churchland 290 $210,028 63 days
    Ic Norcom 278 $145,843 77 days
    Woodrow Wilson 309 $161,644 87 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 913 $188,484 83 days
    Distressed Homes 104 $129,330 122 days
    Multi-Million Dollar Homes 4 $2,221,193 206 days
    Newly Built Homes 44 $241,277 76 days
    Homes with a Pool 21 $316,647 102 days
    Reduced Price Homes 36 $200,422 70 days

    School Data

    Highly Rated Portsmouth Schools

    8

    VICTORY ELEMENTARY SCHOOL
    Elementary School
    Public