Active Listings
61
⇩ 21.8% vs 78 last year
Population: 24,850 · Density: 1,242.7/mi² · Median household income: $61,961
Typical home value: $200,471 · Homeownership: 64.8%
Data as of January 2026. Source: Realtor.com.
The PORTSMOUTH, VA real estate market (23701) currently shows 61 active listings. Homes are averaging 52 days on the market before going under contract.
Inventory has tightened compared to last year, with 17 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 52 days on market compared to 48 days last year.
The median listing price has risen 1.9% year-over-year, from $260,000 to $265,000.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 23701 | Portsmouth, VA 23701 | 0.0 mi | 61 | $16,629,027 | $265,000 | $272,607 |
| 23707 | Portsmouth, VA 23707 | 2.7 mi | 43 | $12,878,973 | $285,000 | $299,511 |
| 23704 | Portsmouth, VA 23704 | 3.3 mi | 67 | $16,890,700 | $259,900 | $252,100 |
| 23510 | Norfolk, VA 23510 | 5.1 mi | 40 | $16,822,480 | $327,250 | $420,562 |
| 23324 | Chesapeake, VA 23324 | 5.3 mi | 55 | $16,439,995 | $290,000 | $298,909 |
| 23517 | Norfolk, VA 23517 | 5.9 mi | 11 | $3,461,832 | $292,450 | $314,712 |
| 23435 | Suffolk, VA 23435 | 6.4 mi | 135 | $73,078,605 | $517,000 | $541,323 |
| 23323 | Chesapeake, VA 23323 | 7.2 mi | 73 | $35,052,848 | $450,000 | $480,176 |
| 23509 | Norfolk, VA 23509 | 7.7 mi | 28 | $9,176,608 | $281,450 | $327,736 |
| 23513 | Norfolk, VA 23513 | 9.0 mi | 48 | $14,308,368 | $292,500 | $298,091 |
| 23433 | Suffolk, VA 23433 | 9.5 mi | 9 | $7,102,143 | $690,000 | $789,127 |
| 23436 | Suffolk, VA 23436 | 9.6 mi | 5 | $5,710,700 | $719,450 | $1,142,140 |
| 23432 | Suffolk, VA 23432 | 10.8 mi | 3 | $1,352,901 | $501,950 | $450,967 |
As of January 2026, there are 61 active listings in PORTSMOUTH, VA (zip code 23701), compared to 78 the prior year.
The median listing price in PORTSMOUTH, VA 23701 is $265,000 as of January 2026, a 1.9% increase from $260,000 the prior year.
Homes in PORTSMOUTH, VA 23701 spend an average of 52 days on the market before going under contract, compared to 48 days the prior year.
Based on current inventory and days-on-market data as of January 2026, PORTSMOUTH, VA 23701 is currently a Balanced Market. Inventory has tightened compared to last year, with 17 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 52 days on market compared to 48 days last year.
With SELL123.com's maximum 3% commission, sellers in PORTSMOUTH, VA 23701 save an estimated $5,300 compared to a typical 5% commission on the median listing price of $265,000. 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.