Why you'd want to live in Portsmouth
Ideally situated in the center of Hampton Roads, Portsmouth, Virginia isn't just the perfect home base from which to enjoy a memorable vacation - it's also a wonderful place to call home. via Seven City Homes
Portsmouth
Portsmouth Market Report
$257,772
AVERAGE PRICE OF 383 HOMES$200,017
AVERAGE PRICE OF 18 DISTRESSED HOMES$1,975,000
AVERAGE PRICE OF 1 MULTI-MILLION DOLLAR HOMES$349,029
AVERAGE PRICE OF 26 NEWLY BUILT HOMES$274,580
AVERAGE PRICE OF 5 HOMES WITH A POOL$231,369
AVERAGE PRICE OF 10 REDUCED PRICE HOMESAverage Home
| Average Price | $257,772 |
| Avg Bedrooms | 2.9 beds |
| Avg Bathrooms | 1.58 baths |
Average Price by Bedrooms
| 1 bedroom | $94,450 |
| 2 bedrooms | $157,975 |
| 3 bedrooms | $238,774 |
| 4 bedrooms | $295,905 |
| 5 bedrooms | $374,996 |
Portsmouth Home Price Trends
| 1/2023 | 12/2022 | 11/2022 | 10/2022 | 9/2022 | |
|---|---|---|---|---|---|
| Total Listings | 391 | 437 | 484 | 500 | 534 |
| Average Price | $257,283 | $251,092 | $258,755 | $267,884 | $269,712 |
| Avg Price Change | +2.47% | -3.05% | -3.53% | -0.68% | +1.99% |
| Median Price | $239,859 | $239,351 | $244,755 | $251,146 | $258,248 |
| Med Price Change | +0.21% | -2.26% | -2.61% | -2.83% | +3.26% |
| Avg Bedrooms | 2.91 beds | 2.88 beds | 2.88 beds | 2.92 beds | 3 beds |
| Avg Bathrooms | 1.59 baths | 1.56 baths | 1.55 baths | 1.61 baths | 1.67 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Churchland | 92 | $294,757 | 55 days |
| Ic Norcom | 144 | $238,939 | 66 days |
| Manor High | 130 | $234,398 | 83 days |
| Other High School | 10 | $219,517 | 46 days |
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 383 | $257,772 | 81 days |
| Distressed Homes | 18 | $200,017 | 201 days |
| Multi-Million Dollar Homes | 1 | $1,975,000 | 350 days |
| Newly Built Homes | 26 | $349,029 | 76 days |
| Homes with a Pool | 5 | $274,580 | 34 days |
| Reduced Price Homes | 10 | $231,369 | 63 days |
