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Sarah Mitchell

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Compass Real Estate · Portsmouth, NH

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Portsmouth, NH(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Portsmouth, NH Housing Market & Real Estate

Seller's market-21.9% YoY

Housing market overview · Updated monthly ·

$687,450median sale price

How is the Portsmouth, NH housing market right now?

The median home sale price in Portsmouth, NH is $687,450, down 21.9% year-over-year. Homes sell in an average of 49 days with 94 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Portsmouth a buyer's or seller's market?

Seller's market2.8 months of supply49 avg. days on market

Portsmouth, NH is currently a seller's market, based on 2.8 months of supply and homes selling in about 49 days. How we determine this →

Homes sold

34

Last 12 weeks

Days on market

49

Average pace

Active listings

94

2.8 months supply

Sale-to-list

98.3%

Below asking

What does the Portsmouth housing market data show?

Current housing market statistics for Portsmouth, NH
MetricValue
Median sale price$687,450
Median list price$845,000
Year-over-year price change-21.9%
Average days on market49 days
Active inventory94 listings
Months of supply2.8 months
Sale-to-list price ratio98.3%
Median price per sq ft$564/sq ft
Homes sold (latest month)34
New listings (latest month)43
Listings with a price cut23.4%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Portsmouth by property type?

How the Portsmouth, NH market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Portsmouth, NH
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$880,000$538/sq ft1052 days
Condo / Co-op$612,500$590/sq ft2446 days

Source: Redfin · Updated monthly

The Portsmouth housing market is currently classified as a seller's market with a median sale price of $687,450. Prices have fallen 21.9% compared to last year, with homes spending an average of 49 days on market, indicating 2.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 7.7x provides context for how home values compare to local earning capacity.

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.

1 bedroom condo for sale at 80 Constitution Ave Unit 213 Portsmouth 03801 - $434,900
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

View photos & details
2 bedroom condo for sale at 80 Constitution Ave Unit 232 Portsmouth 03801 - $569,900
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
3 bedroom house for sale at 11 Suzanne Dr Portsmouth 03801 - $595,000
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

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3 bedroom house for sale at 37 Wilson Rd Portsmouth 03801 - $599,000
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

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3 bedroom townhouse for sale at 9 Falkland Pl Unit A3 Portsmouth 03801 - $650,000
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

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2 bedroom condo for sale at 2075 Lafayette Rd Unit A18 Portsmouth 03801 - $685,000
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
3 bedroom house for sale at 17 Winchester St Portsmouth 03801 - $699,000
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
2 bedroom condo for sale at 295 Maplewood Ave Unit 2 Portsmouth 03801 - $699,000
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
3 bedroom house for sale at 111 Essex Ave Portsmouth 03801 - $810,000
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
3 bedroom house for sale at 20 Doris Ave Portsmouth 03801 - $879,999
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
4 bedroom house for sale at 1230 Islington St Portsmouth 03801 - $1,365,000
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
3 bedroom house for sale at 137 Walker Bungalow Rd Portsmouth 03801 - $1,395,000
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%

Who lives in Portsmouth?

Population

22,332

Median income

$105,756/yr

Median age

42.4 years

Owner-occupied

52.1%

College grads

63.4%

Avg commute

22.1 min

Source: U.S. Census Bureau ACS

What are homes worth in Portsmouth?

Zillow home value

$809,650

Zillow rent index

$2,920/mo

Price-to-rent ratio

23.1x

Price-to-income

7.7x

Source: Zillow Research

What is it like to live in Portsmouth?

Portsmouth is a community of approximately 22K residents with a median age of 42.4 years.The median household income is $105,756, which reflects a relatively affluent area with strong earning potential. 63.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 52.1%, showing a blend of owner and renter-occupied properties. The average commute time is 22.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Portsmouth offers a balanced lifestyle with accessible home values relative to local income levels.

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

Public

Portsmouth Middle School

Grades 6-8 · 472 students

Public

Mary C. Dondero Elementary School

Grades K-5 · 337 students

Public

Little Harbour School

Grades K-5 · 335 students

Public

New Franklin School

Grades K-5 · 256 students

Public

PEEP School - Pre School Program

Grades PK · 18 students

Public

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?

Want a head-to-head view? Compare Portsmouth side-by-side with any other U.S. city using our market-comparison tool.

Which ZIP codes are in Portsmouth?

Is Portsmouth a good real estate investment market?

For investors evaluating Portsmouth, the price-to-rent ratio of 23.1x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 21.9% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Portsmouth's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Portsmouth's median home price.

Frequently asked questions

What is the average home price in Portsmouth?

The median home sale price in Portsmouth is $687,450, down 21.9% from last year.

How long do homes stay on market in Portsmouth?

Homes typically spend 49 days on market before going under contract.

What is the median income in Portsmouth?

The median household income is $105,756 per year.

Is Portsmouth a buyer's or seller's market?

With 2.8 months of supply, Portsmouth is currently a seller's market.

How many homes are for sale in Portsmouth?

There are currently 94 homes listed for sale in Portsmouth, NH.

What is the Zillow home value estimate for Portsmouth?

The Zillow Home Value Index (ZHVI) for Portsmouth is $809,650, representing the typical home value in the area.

What is the median condo price in Portsmouth?

The median condo/co-op sale price in Portsmouth, NH is $612,500, compared to $880,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Portsmouth?

The median single-family home price in Portsmouth, NH is $880,000 (about $538 per square foot).

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