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
$240,342
AVERAGE PRICE OF 640 HOMES$143,427
AVERAGE PRICE OF 18 DISTRESSED HOMES$1,329,667
AVERAGE PRICE OF 3 MULTI-MILLION DOLLAR HOMES$296,498
AVERAGE PRICE OF 109 NEWLY BUILT HOMES$302,029
AVERAGE PRICE OF 17 HOMES WITH A POOL$230,410
AVERAGE PRICE OF 19 REDUCED PRICE HOMESAverage Home
| Average Price | $240,342 |
| Avg Bedrooms | 2.87 beds |
| Avg Bathrooms | 1.57 baths |
Average Price by Bedrooms
| 1 bedroom | $74,907 |
| 2 bedrooms | $152,371 |
| 3 bedrooms | $212,599 |
| 4 bedrooms | $294,112 |
| 5 bedrooms | $323,230 |
Portsmouth Home Price Trends
| 10/2021 | 9/2021 | 8/2021 | 7/2021 | 6/2021 | |
|---|---|---|---|---|---|
| Total Listings | 661 | 684 | 661 | 704 | 707 |
| Average Price | $234,246 | $233,242 | $237,973 | $232,395 | $229,706 |
| Avg Price Change | +0.43% | -2.03% | +2.40% | +1.17% | +3.90% |
| Median Price | $216,739 | $218,111 | $219,064 | $213,116 | $210,001 |
| Med Price Change | -0.63% | -0.44% | +2.79% | +1.48% | +1.28% |
| Avg Bedrooms | 2.92 beds | 2.93 beds | 2.89 beds | 2.89 beds | 2.84 beds |
| Avg Bathrooms | 1.63 baths | 1.64 baths | 1.63 baths | 1.63 baths | 1.61 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Churchland | 147 | $249,230 | 75 days |
| Ic Norcom | 227 | $245,922 | 66 days |
| Manor High | 155 | $210,553 | 45 days |
| Other High School | 34 | $230,985 | 29 days |
| Woodrow Wilson | 58 | $219,468 | 179 days |
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 640 | $240,342 | 82 days |
| Distressed Homes | 18 | $143,427 | 318 days |
| Multi-Million Dollar Homes | 3 | $1,329,667 | 55 days |
| Newly Built Homes | 109 | $296,498 | 88 days |
| Homes with a Pool | 17 | $302,029 | 72 days |
| Reduced Price Homes | 19 | $230,410 | 42 days |
