Call or Text (240) SELL-123
City / Town Overview

Portsmouth, VA

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

Market Analysis

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

The Portsmouth, VA real estate market currently shows 288 active listings, with 4 pending sales. Homes are averaging 35.6 days on the market before going under contract.

Inventory has tightened compared to last year, with 20 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 35.6 days on market compared to 35.7 days last year.

The median listing price has risen 5.4% year-over-year, from $272,174 to $286,912.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for Portsmouth, VA and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 97,384  ·  Density: 1,268.4/mi²  ·  Median household income: $57,137

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

Included Areas

Olde Towne: 23704, 23708

Portsmouth: 23705, 23707

Oregon Acres: 23701

West Cradock: 23702

Cedarfield of Churchland: 23703

Olde Towne Commons: 23709

Area Map

Market Overview

Active Listings
288
⇩ 6.5% vs 308 last year
Pending
4
1% pending ratio
Median Price
$286,912
⇧ 5.4% vs $272,174 last year
Average Price
$300,411
⇧ 4.8% vs $286,553 last year
Days on Market
35.6
⇩ 0.3% vs 36 days last year

Price Per Square Foot

Median $/sqft
$189
⇧ 4.5% vs $181/sqft last year
Median Home Size
1,481 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %