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County Overview

Portsmouth County, VA

Aggregate real estate market report across county ZIPs
Seller's Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The Portsmouth County, VA real estate market currently shows 289 active listings, with 1 pending sales. Homes are averaging 35 days on the market before going under contract.

Inventory has tightened compared to last year, with 31 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 35 days on market compared to 42 days last year.

The median listing price has risen 7.4% year-over-year, from $275,000 to $295,250.

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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
289
⇩ 9.7% vs 320 last year
Pending
1
0% pending ratio
Median Price
$295,250
⇧ 7.4% vs $275,000 last year
Average Price
$302,071
⇧ 6.3% vs $284,266 last year
Days on Market
35
⇩ 16.7% vs 42 days last year

Price Per Square Foot

Median $/sqft
$186
⇧ 0.5% vs $185/sqft last year
Median Home Size
1,542 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.8%
Listings with no price change
Price Reduced
0.2%
⇩ 21.7% vs 0.3% last year
Price Increased
0%
⇩ 64.2%
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

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 %