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
$269,131
AVERAGE PRICE OF 507 HOMES$173,245
AVERAGE PRICE OF 18 DISTRESSED HOMES$1,418,750
AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES$327,815
AVERAGE PRICE OF 56 NEWLY BUILT HOMES$394,966
AVERAGE PRICE OF 9 HOMES WITH A POOL$263,504
AVERAGE PRICE OF 24 REDUCED PRICE HOMESAverage Home
| Average Price | $269,131 |
| Avg Bedrooms | 2.96 beds |
| Avg Bathrooms | 1.65 baths |
Average Price by Bedrooms
| 1 bedroom | $82,000 |
| 2 bedrooms | $171,853 |
| 3 bedrooms | $232,818 |
| 4 bedrooms | $300,481 |
| 5 bedrooms | $382,663 |
Portsmouth Home Price Trends
| 9/2022 | 8/2022 | 7/2022 | 6/2022 | 5/2022 | |
|---|---|---|---|---|---|
| Total Listings | 534 | 559 | 553 | n/a | n/a |
| Average Price | $269,712 | $264,441 | $263,582 | n/a | n/a |
| Avg Price Change | +1.99% | +0.33% | n/a | n/a | n/a |
| Median Price | $258,248 | $250,099 | $249,937 | n/a | n/a |
| Med Price Change | +3.26% | +0.06% | n/a | n/a | n/a |
| Avg Bedrooms | 3 beds | 2.97 beds | 2.96 beds | n/a | n/a |
| Avg Bathrooms | 1.67 baths | 1.66 baths | 1.65 baths | n/a | n/a |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Churchland | 137 | $294,983 | 48 days |
| Ic Norcom | 191 | $256,239 | 74 days |
| Manor High | 148 | $233,036 | 77 days |
| Other High School | 14 | $228,635 | 41 days |
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 507 | $269,131 | 76 days |
| Distressed Homes | 18 | $173,245 | 174 days |
| Multi-Million Dollar Homes | 4 | $1,418,750 | 112 days |
| Newly Built Homes | 56 | $327,815 | 111 days |
| Homes with a Pool | 9 | $394,966 | 49 days |
| Reduced Price Homes | 24 | $263,504 | 43 days |
