New Build
32
$434,900
80 Constitution Ave Unit 213
Portsmouth, NH 03801
1 bd1 ba739 sqft$588/ft²
Condo
Janet Slome · JD Advisors, LLC
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Portsmouth, NH Housing Market
Seller's market+2.3% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Portsmouth, NH is worth $797,662, rose 2.3% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $687,450, -21.9% year over year (through May 2026). With 2.8 months of supply and homes going under contract in about 49 days, Portsmouth is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $797,662 home is about $4,258/mo in principal and interest.
Key numbers for Portsmouth, NH
Typical home value
$797,662
+2.3% in 12 months
Zillow, August 2026
Typical asking rent
$3,068/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$687,450
-21.9% year over year
Redfin, through May 2026
Days on market
49
Average pace
Redfin, through May 2026
Active listings
94
2.8 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$105,756
Home costs 7.5x income
U.S. Census ACS, 2023
Sale-to-list ratio
98.3%
Selling below asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Portsmouth a buyer's or seller's market?
Seller's market2.8 months of supply49 days on market98.3% of asking
Portsmouth, NH is a seller's market, based on 2.8 months of supply and homes selling in about 49 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Portsmouth housing market data show?
Every row below is Redfin's final published month for Portsmouth, NH. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $687,450 |
| Median list price | $845,000 |
| Year-over-year price change | -21.9% |
| Median price per sq ft | $564/sq ft |
| Median days on market | 49 days |
| Active inventory | 94 listings |
| Months of supply | 2.8 months |
| Sale-to-list price ratio | 98.3% |
| Homes sold (that month) | 34 |
| New listings (that month) | 43 |
| Listings with a price cut | 23.4% |
| Market condition | Seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Portsmouth is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Portsmouth is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Portsmouth home prices moved?
Over the last three years the median sale price in Portsmouth, NH fell 25.9%, from $927,500 to $687,450. The live Zillow value series has rose 2.3% in the last 12 months, which is the more current read now that Redfin's series has stopped. 23.4% of Portsmouth listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 2.8 months while the sale-to-list ratio slips below its current 98.3%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Portsmouth?
Priced off the typical home value of $797,662 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $159,532 | $638,130 | $4,258/mo |
| 5% | $39,883 | $757,779 | $5,057/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $4,258, that implies roughly $182,501 a year before you add taxes and insurance. The median household in Portsmouth earns $105,756, about $76,745 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 7.5x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Portsmouth in the next 12 months?
Tell us your timeline. We send the Portsmouth market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Portsmouth?
Typical asking rent in Portsmouth, NH is $3,068/mo, against a typical home value of $797,662. That is a price-to-rent ratio of 21.7x, which means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Compared head to head, 20% down puts principal and interest at $4,258 a month — $1,190 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Portsmouth?
Active listings in Portsmouth, NH went from 91 in May 2025 to 94 in May 2026, a +3.3% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 96 | 54 |
| July 2025 | 88 | 37 |
| August 2025 | 93 | 45 |
| September 2025 | 99 | 50 |
| October 2025 | 103 | 44 |
| November 2025 | 98 | 28 |
| December 2025 | 69 | 16 |
| January 2026 | 63 | 24 |
| February 2026 | 70 | 28 |
| March 2026 | 84 | 44 |
| April 2026 | 88 | 49 |
| May 2026 | 94 | 43 |
Redfin, through May 2026
How does Portsmouth compare to New Hampshire and the U.S.?
Portsmouth homes sell for $687,450 — 28% above the New Hampshire median of $537,900. Against the national median of $410,700, Portsmouth runs 67% higher. Year-over-year, Portsmouth moved -21.9% against New Hampshire's +4.7% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Portsmouth, NH | $687,450 | -21.9% | 49 days |
| New Hampshire statewide | $537,900 | +4.7% | 38 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Portsmouth
What buyers should watch
- Months of supply, currently 2.8. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 23.4%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $798 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $797,662 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Portsmouth listing goes under contract in 49 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 98.3% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Portsmouth added 43 new listings against 34 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved +2.3% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Portsmouth varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Portsmouth
There are currently 94 homes listed for sale in Portsmouth, New Hampshire. The median listing price is $845K. Featured listings range from $434,900 to $1,395,000.
New Build
28
$569,900
80 Constitution Ave Unit 232
Portsmouth, NH 03801
2 bd2 ba974 sqft$585/ft²
Condo
Janet Slome · JD Advisors, LLC
View photos & details
New Listing
23
$595,000
11 Suzanne Dr
Portsmouth, NH 03801
3 bd1 ba1,897 sqft$314/ft²
House9,148 sqft lot
Madeline Pisapia · William Raveis R.E. & Home Services
View photos & details
New Listing
7
$599,000
37 Wilson Rd
Portsmouth, NH 03801
3 bd2 ba1,344 sqft$446/ft²
House16,988 sqft lot
Lylah Starkey · Seaglass Coastal Realty
View photos & details
New Listing
31
$650,000
9 Falkland Pl Unit A3
Portsmouth, NH 03801
3 bd4 ba1,507 sqft$431/ft²
Townhouse
Lexi Leddy · Lexi Leddy Real Estate LLC
View photos & details
New Listing
29
$685,000
2075 Lafayette Rd Unit A18
Portsmouth, NH 03801
2 bd2 ba1,410 sqft$486/ft²
Condo
Molly DiSalvo · The Aland Realty Group
View photos & details
New Listing
44
$699,000
17 Winchester St
Portsmouth, NH 03801
3 bd2 ba2,001 sqft$349/ft²
House7,405 sqft lot
Eric Levin · KW Coastal and Lakes & Mountains Realty
View photos & details
New Listing
37
$699,000
295 Maplewood Ave Unit 2
Portsmouth, NH 03801
2 bd2 ba1,424 sqft$491/ft²
Condo
Erin Proulx · KW Coastal and Lakes & Mountains Realty/Portsmouth
View photos & details
New Listing
2
$810,000
111 Essex Ave
Portsmouth, NH 03801
3 bd2 ba1,571 sqft$516/ft²
House7,841 sqft lot
Erin Proulx · KW Coastal and Lakes & Mountains Realty/Portsmouth
View photos & details
New Listing
40
$879,999
20 Doris Ave
Portsmouth, NH 03801
3 bd3 ba2,750 sqft$320/ft²
House11,761 sqft lot
Edward Perez · Edward Perez
View photos & details
New Listing
48
$1,365,000
1230 Islington St
Portsmouth, NH 03801
4 bd4 ba2,525 sqft$541/ft²
House5,227 sqft lot
Beth Parolisi · BHHS Verani Seacoast
View photos & details
New Listing
26
$1,395,000
137 Walker Bungalow Rd
Portsmouth, NH 03801
3 bd2 ba1,955 sqft$714/ft²
House20,038 sqft lot
Tony Jalbert · Tate & Foss Sotheby's International Rlty
View photos & details
Looking to buy in Portsmouth?
Get connected with a local real estate expert — free, no obligation.
Active listings
94
Homes on market
Median list price
$845K
Avg. days on market
49
Days until sale
New this week
43
Newly listed
Price drops:23.4%of listings
Sale-to-list:98.3%
How much do homes cost in Portsmouth by property type?
How the Portsmouth, NH market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $880,000 | $538/sq ft | 10 | 52 days |
| Condo / co-op | $612,500 | $590/sq ft | 24 | 46 days |
Who lives in Portsmouth?
American Community Survey estimates for Portsmouth. U.S. Census ACS, 2023
Population
22,332
Households
10,556
Median income
$105,756/yr
Median age
42.4 years
Owner-occupied
52.1%
Median home value
$640,600
Median gross rent
$1,778/mo
Mean commute
22.1 min
52.1% of occupied homes in Portsmouth are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $640,600 against Zillow's $797,662 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,778/mo, below Zillow's $3,068/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve Portsmouth?
6 schools tracked · 2,443 students
The largest public schools serving Portsmouth, NH by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Portsmouth High School
Grade range n/a · 1,025 students
Portsmouth Middle School
Grades 6-8 · 472 students
Mary C. Dondero Elementary School
Grades K-5 · 337 students
Little Harbour School
Grades K-5 · 335 students
New Franklin School
Grades K-5 · 256 students
PEEP School - Pre School Program
Grades PK · 18 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Portsmouth, NH?
Ordered by distance from Portsmouth, not by size. Compare Portsmouth side by side with any of them.
Which ZIP codes are in Portsmouth?
These are the ZIP codes we see on active Portsmouth listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.
Portsmouth housing market FAQ
Is Portsmouth a buyer's or seller's market?
Portsmouth, NH is currently a seller's market. That read comes from 2.8 months of supply, homes going under contract in about 49 days, and sellers getting 98.3% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Portsmouth?
The typical home in Portsmouth, NH is worth $797,662 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $687,450, about $564 per square foot.
Is Portsmouth cheaper than the rest of New Hampshire?
Portsmouth's median sale price of $687,450 is 28% higher than the New Hampshire statewide median of $537,900, and 67% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Portsmouth?
Homes in Portsmouth, NH spent a median of 49 days on market before going under contract, versus 38 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Portsmouth?
At the current 30-year fixed rate of 7.03%, 20% down on a $797,662 home is about $4,258 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $182,501 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $105,756.
Are home prices rising in Portsmouth?
The typical home value in Portsmouth, NH rose 2.3% over the last 12 months, from $779,865 to $797,662 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Portsmouth?
Portsmouth ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Portsmouth?
That depends on your timeline, not on a headline. What the data says today: Portsmouth, NH is a seller's market with 2.8 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 21.7x means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Properties Incorporated publishes the data; it does not give financial advice.
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