Portsmouth, RI Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Portsmouth, RI is $605,750, down 4.2% year-over-year. Homes sell in an average of 90 days with 56 active listings. The market is currently a buyer's market.
$605,750median sale price
Is Portsmouth a buyer's or seller's market?
Portsmouth, RI is currently a buyer's market, based on 5.6 months of supply and homes selling in about 90 days. How we determine this →
Homes sold
10
Last 12 weeks
Days on market
90
Average pace
Active listings
56
5.6 months supply
Sale-to-list
95.5%
Below asking
Portsmouth, RI market data
| Metric | Value |
|---|---|
| Median sale price | $605,750 |
| Median list price | $850,000 |
| Year-over-year price change | -4.2% |
| Average days on market | 90 days |
| Active inventory | 56 listings |
| Months of supply | 5.6 months |
| Sale-to-list price ratio | 95.5% |
| Market condition | Buyer's market |
Source: Redfin · Updated weekly
The Portsmouth housing market is currently classified as a buyer's market with a median sale price of $605,750. Prices have fallen 4.2% compared to last year, with homes spending an average of 90 days on market, indicating 5.6 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Portsmouth
There are currently 56 homes listed for sale in Portsmouth, Rhode Island. The median listing price is $850K.
Active listings
56
Homes on market
Median list price
$850K
Avg. days on market
90
Days until sale
New this week
21
Newly listed
Top public schools in Portsmouth
4 schools tracked · 2,143 students
The largest public schools serving Portsmouth, RI 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
Grades 9-12 · 790 students
Portsmouth Middle School
Grades 5-8 · 622 students
Howard Hathaway School
Grades K-4 · 401 students
Melville School
Grades PK-4 · 330 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Explore nearby cities in RI
Frequently asked questions
What is the average home price in Portsmouth?
The median home sale price in Portsmouth is $605,750, down 4.2% from last year.
How long do homes stay on market in Portsmouth?
Homes typically spend 90 days on market before going under contract.
Is Portsmouth a buyer's or seller's market?
With 5.6 months of supply, Portsmouth is currently a buyer's market.
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