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Portsmouth

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 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 HOMES

Average 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