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
$282,912
AVERAGE PRICE OF 494 HOMES$203,776
AVERAGE PRICE OF 30 DISTRESSED HOMES$1,605,667
AVERAGE PRICE OF 6 MULTI-MILLION DOLLAR HOMES$323,928
AVERAGE PRICE OF 68 NEWLY BUILT HOMES$359,587
AVERAGE PRICE OF 10 HOMES WITH A POOL$302,658
AVERAGE PRICE OF 10 REDUCED PRICE HOMESAverage Home
| Average Price | $282,912 |
| Avg Bedrooms | 2.91 beds |
| Avg Bathrooms | 1.64 baths |
Average Price by Bedrooms
| 1 bedroom | $111,750 |
| 2 bedrooms | $194,184 |
| 3 bedrooms | $251,184 |
| 4 bedrooms | $302,762 |
| 5 bedrooms | $366,238 |
Portsmouth Home Price Trends
| 10/2023 | 9/2023 | 8/2023 | 7/2023 | 6/2023 | |
|---|---|---|---|---|---|
| Total Listings | 465 | 465 | 465 | 441 | 451 |
| Average Price | $287,131 | $288,670 | $290,471 | $291,739 | $276,363 |
| Avg Price Change | -0.54% | -0.62% | -0.44% | +5.56% | +3.29% |
| Median Price | $263,706 | $267,550 | $263,719 | $260,390 | $253,932 |
| Med Price Change | -1.46% | +1.45% | +1.28% | +2.54% | +1.25% |
| Avg Bedrooms | 2.9 beds | 2.92 beds | 2.95 beds | 2.89 beds | 2.87 beds |
| Avg Bathrooms | 1.6 baths | 1.6 baths | 1.63 baths | 1.6 baths | 1.57 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Churchland | 115 | $276,427 | 51 days |
| Ic Norcom | 170 | $290,862 | 83 days |
| Manor High | 189 | $246,939 | 66 days |
| Other High School | 4 | $229,499 | 21 days |
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 494 | $282,912 | 73 days |
| Distressed Homes | 30 | $203,776 | 88 days |
| Multi-Million Dollar Homes | 6 | $1,605,667 | 174 days |
| Newly Built Homes | 68 | $323,928 | 91 days |
| Homes with a Pool | 10 | $359,587 | 45 days |
| Reduced Price Homes | 10 | $302,658 | 36 days |
