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City / Town Overview

Portsmouth, VA

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
278
⇧ 2.2% vs 272 last year
Pending
2
1% pending ratio
Median Price
$285,972
⇧ 7.5% vs $265,938 last year
Average Price
$289,729
⇧ 3.5% vs $279,961 last year
Days on Market
53
⇧ 4.7% vs 51 days last year

Market Analysis

Data as of January 2026. Source: Realtor.com.

The Portsmouth, VA real estate market currently shows 278 active listings, with 2 pending sales. Homes are averaging 53 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 53 days on market compared to 50.6 days last year.

The median listing price has risen 7.5% year-over-year, from $265,938 to $285,972.

Whether you are buying or selling in Portsmouth, VA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Included Areas

Portsmouth: 23701, 23702, 23703, 23704, 23705, 23707, 23708, 23709

Market Context

ZIP coverage: 8  ·  Population: 97,384  ·  Median household income: $57,137

Typical home value: $207,243  ·  Homeownership rate: 56.4%

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings