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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

    $288,508

    AVERAGE PRICE OF 517 HOMES

    $220,030

    AVERAGE PRICE OF 25 DISTRESSED HOMES

    $1,474,833

    AVERAGE PRICE OF 6 MULTI-MILLION DOLLAR HOMES

    $317,123

    AVERAGE PRICE OF 68 NEWLY BUILT HOMES

    $335,489

    AVERAGE PRICE OF 10 HOMES WITH A POOL

    $313,591

    AVERAGE PRICE OF 13 REDUCED PRICE HOMES

    Average Home

    Average Price $288,508
    Avg Bedrooms 2.96 beds
    Avg Bathrooms 1.72 baths

    Average Price by Bedrooms

    1 bedroom $119,483
    2 bedrooms $198,205
    3 bedrooms $264,967
    4 bedrooms $319,138
    5 bedrooms $393,461
    Portsmouth Home Price Trends
      3/2024 2/2024 1/2024 12/2023 11/2023
    Total Listings 462 465 475 479 499
    Average Price $290,922 $286,765 $280,129 $286,476 $282,977
    Avg Price Change +1.45% +2.37% -2.27% +1.24% -1.47%
    Median Price $269,938 $268,184 $265,000 $264,634 $260,171
    Med Price Change +0.65% +1.20% +0.14% +1.72% -1.36%
    Avg Bedrooms 2.96 beds 2.92 beds 2.87 beds 2.9 beds 2.91 beds
    Avg Bathrooms 1.73 baths 1.72 baths 1.68 baths 1.65 baths 1.64 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Manor High 196 $253,541 65 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 517 $288,508 68 days
    Distressed Homes 25 $220,030 123 days
    Multi-Million Dollar Homes 6 $1,474,833 195 days
    Newly Built Homes 68 $317,123 138 days
    Homes with a Pool 10 $335,489 44 days
    Reduced Price Homes 13 $313,591 62 days