Cedar Point · Elizabeth Acres · Green Lakes · Lamper Place · Manor View · Mayflower Park · Pine Acres · Portsmouth Acres · West Park Homes · West Park Manor
Data as of September 2026. Source: Realtor.com.
The PORTSMOUTH, VA real estate market (23701) currently shows 57 active listings, with 1 pending sales. Homes are averaging 28 days on the market before going under contract.
Inventory has tightened compared to last year, with 24 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 28 days on market compared to 40 days last year.
The median listing price has risen 5.3% year-over-year, from $275,000 to $289,700.
Population: 24,850 · Density: 1,242.7/mi² · Median household income: $61,961
Typical home value: $200,471 · Homeownership: 64.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 23701 | Portsmouth, VA 23701 | 0.0 mi | 60 | $15,952,740 | $260,000 | $265,879 |
| 23707 | Portsmouth, VA 23707 | 2.7 mi | 37 | $10,476,328 | $280,950 | $283,144 |
| 23704 | Portsmouth, VA 23704 | 3.3 mi | 68 | $17,330,412 | $259,700 | $254,859 |
| 23510 | Norfolk, VA 23510 | 5.1 mi | 39 | $15,795,351 | $298,750 | $405,009 |
| 23324 | Chesapeake, VA 23324 | 5.3 mi | 43 | $11,913,193 | $268,725 | $277,051 |
| 23517 | Norfolk, VA 23517 | 5.9 mi | 7 | $2,218,146 | $277,975 | $316,878 |
| 23435 | Suffolk, VA 23435 | 6.4 mi | 150 | $80,041,500 | $514,900 | $533,610 |
| 23323 | Chesapeake, VA 23323 | 7.2 mi | 63 | $30,775,311 | $497,450 | $488,497 |
| 23509 | Norfolk, VA 23509 | 7.7 mi | 29 | $9,998,098 | $284,975 | $344,762 |
| 23513 | Norfolk, VA 23513 | 9.0 mi | 57 | $17,493,471 | $304,450 | $306,903 |
| 23433 | Suffolk, VA 23433 | 9.5 mi | 10 | $8,196,400 | $656,175 | $819,640 |
| 23436 | Suffolk, VA 23436 | 9.6 mi | 5 | $5,359,700 | $654,900 | $1,071,940 |
| 23432 | Suffolk, VA 23432 | 10.8 mi | 3 | $1,416,339 | $449,500 | $472,113 |
As of September 2026, there are 57 active listings in PORTSMOUTH, VA (zip code 23701), compared to 81 the prior year.
The median listing price in PORTSMOUTH, VA 23701 is $289,700 as of September 2026, a 5.3% increase from $275,000 the prior year.
Homes in PORTSMOUTH, VA 23701 spend an average of 28 days on the market before going under contract, compared to 40 days the prior year.
Based on current inventory and days-on-market data as of September 2026, PORTSMOUTH, VA 23701 is currently a Seller's Market. Inventory has tightened compared to last year, with 24 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 28 days on market compared to 40 days last year.
With SELL123.com's maximum 3% commission, sellers in PORTSMOUTH, VA 23701 save an estimated $5,794 compared to a typical 5% commission on the median listing price of $289,700. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.