New listing
31
$137,900
1649 Darren Cir
Portsmouth, VA 23701
2 bd2 ba930 sqft
Townhouse1.00 acres
Est. $96KSold 2020 for $40K
Tranika Starks · Swell Real Estate Co
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Portsmouth, VA Housing Market & Real Estate
Seller's market+6.7% YoY
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Portsmouth, VA is $282,750, up 6.7% year-over-year. Homes sell in an average of 40 days with 289 active listings. The market is currently a seller's market.
$282,750median sale price
Is Portsmouth a buyer's or seller's market?
Seller's market2.4 months of supply40 avg. days on market
Portsmouth, VA is currently a seller's market, based on 2.4 months of supply and homes selling in about 40 days. How we determine this →
Homes sold
118
Last 12 weeks
Days on market
40
Average pace
Active listings
289
2.4 months supply
Sale-to-list
99.4%
Below asking
Portsmouth, VA market data
| Metric | Value |
|---|---|
| Median sale price | $282,750 |
| Median list price | $289,395 |
| Year-over-year price change | +6.7% |
| Average days on market | 40 days |
| Active inventory | 289 listings |
| Months of supply | 2.4 months |
| Sale-to-list price ratio | 99.4% |
| Market condition | Seller's market |
Source: Redfin · Updated weekly
The Portsmouth housing market is currently classified as a seller's market with a median sale price of $282,750. Prices have risen 6.7% compared to last year, with homes spending an average of 40 days on market, indicating 2.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Portsmouth
There are currently 289 homes listed for sale in Portsmouth, Virginia. The median listing price is $289K. Featured listings range from $137,900 to $439,000.
New listing
28
$215,000
2810 Arcadia Ave
Portsmouth, VA 23704
2 bd1 ba700 sqft
House7,405 sqft lot
Est. $187KSold 2011 for $18K
Shonda Taylor · ONYX Realty Professionals
More about this property
New listing
14
$244,900
4425 Winchester Dr
Portsmouth, VA 23707
3 bd2 ba1,656 sqft
House
Est. $259K
More about this property
New listing
29
$245,000
20 S Colin Dr
Portsmouth, VA 23701
3 bd1 ba924 sqft
House
More about this property
New listing
22
$270,000
2214 Deep Creek Blvd
Portsmouth, VA 23704
3 bd3 ba1,205 sqft
House
Est. $185KSold 2025 for $170K
More about this property
New listing
24
$275,000
1930 Nashville Ave
Portsmouth, VA 23704
2 bd2 ba1,422 sqft
House
Est. $155KSold 2026 for $127K
More about this property
New listing
20
$285,000
1314 Parker Ave
Portsmouth, VA 23704
3 bd2 ba1,370 sqft
House5,227 sqft lot
Est. $142KSold 2025 for $137K
More about this property
New listing
48
$332,500
5608 Greenefield Dr N
Portsmouth, VA 23703
3 bd2 ba1,750 sqft
House11,761 sqft lot
Est. $328K
More about this property
New listing
36
$375,000
3716 Linnet Ln
Portsmouth, VA 23703
4 bd2 ba1,500 sqft
House10,890 sqft lot
Est. $322KSold 2021 for $250K
Tonya Simpson-feamster · Southside Real Estate
More about this property
New listing
21
$389,900
128 Bearing Way
Portsmouth, VA 23702
3 bd2 ba1,296 sqft
House
Est. $370K
More about this property
New listing
44
$425,200
3405 Woodstock St
Portsmouth, VA 23701
5 bd3 ba2,247 sqft
House
Est. $112KSold 2025 for $110K
Jobenia Parker · JP Realty and Associates
More about this property
New listing
43
$439,000
68 Sandie Point Ln
Portsmouth, VA 23701
4 bd3 ba1,900 sqft
Townhouse
Est. $443KSold 2019 for $275K
More about this property
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Active listings
289
Homes on market
Median list price
$289K
Avg. days on market
40
Days until sale
New this week
144
Newly listed
Price drops:21.4%of listings
Sale-to-list:99.4%
Top public schools in Portsmouth
23 schools tracked · 13,161 students
The largest public schools serving Portsmouth, VA 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.
Churchland High
Grades 9-12 · 1,452 students
Manor High
Grades 9-12 · 1,167 students
I.C. Norcom High
Grades 9-12 · 1,027 students
Churchland Middle
Grades 7-8 · 840 students
Churchland Elementary
Grades K-6 · 760 students
Waterview Elementary
Grades K-6 · 614 students
Simonsdale Elementary
Grades K-6 · 609 students
Cradock Elementary
Grades K-6 · 606 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 VA
Frequently asked questions
What is the average home price in Portsmouth?
The median home sale price in Portsmouth is $282,750, up 6.7% from last year.
How long do homes stay on market in Portsmouth?
Homes typically spend 40 days on market before going under contract.
Is Portsmouth a buyer's or seller's market?
With 2.4 months of supply, Portsmouth is currently a seller's market.
How many homes are for sale in Portsmouth?
There are currently 289 homes listed for sale in Portsmouth, VA.
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