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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

    $300,600

    AVERAGE PRICE OF 474 HOMES

    $221,497

    AVERAGE PRICE OF 46 DISTRESSED HOMES

    $1,600,000

    AVERAGE PRICE OF 2 MULTI-MILLION DOLLAR HOMES

    $370,737

    AVERAGE PRICE OF 18 NEWLY BUILT HOMES

    $370,800

    AVERAGE PRICE OF 9 HOMES WITH A POOL

    $283,012

    AVERAGE PRICE OF 23 REDUCED PRICE HOMES

    Average Home

    Average Price $300,600
    Avg Bedrooms 2.89 beds
    Avg Bathrooms 1.64 baths

    Average Price by Bedrooms

    1 bedroom $142,500
    2 bedrooms $202,730
    3 bedrooms $282,282
    4 bedrooms $341,561
    5 bedrooms $403,689
    Portsmouth Home Price Trends
      9/2026 8/2026 7/2026 6/2026 5/2026
    Total Listings n/a n/a 492 n/a n/a
    Average Price n/a n/a $303,499 n/a n/a
    Avg Price Change n/a n/a n/a n/a n/a
    Median Price n/a n/a $289,562 n/a n/a
    Med Price Change n/a n/a n/a n/a n/a
    Avg Bedrooms n/a n/a 2.88 beds n/a n/a
    Avg Bathrooms n/a n/a 1.62 baths n/a n/a
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Churchland 136 $323,010 64 days
    Ic Norcom 150 $292,171 62 days
    Manor High 176 $273,545 52 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 474 $300,600 63 days
    Distressed Homes 46 $221,497 76 days
    Multi-Million Dollar Homes 2 $1,600,000 452 days
    Newly Built Homes 18 $370,737 56 days
    Homes with a Pool 9 $370,800 47 days
    Reduced Price Homes 23 $283,012 41 days