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Data as of March 2026. Source: Realtor.com.
The PORTSMOUTH, VA real estate market (23701) currently shows 62 active listings, with 1 pending sales. Homes are averaging 26 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are selling faster, averaging 26 days on market compared to 45 days last year.
The median listing price has risen 2.5% year-over-year, from $262,500 to $269,000.
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.
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 March 2026, there are 62 active listings in PORTSMOUTH, VA (zip code 23701), compared to 62 the prior year.
The median listing price in PORTSMOUTH, VA 23701 is $269,000 as of March 2026, a 2.5% increase from $262,500 the prior year.
Homes in PORTSMOUTH, VA 23701 spend an average of 26 days on the market before going under contract, compared to 45 days the prior year.
Based on current inventory and days-on-market data as of March 2026, PORTSMOUTH, VA 23701 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 26 days on market compared to 45 days last year.
With SELL123.com's maximum 3% commission, sellers in PORTSMOUTH, VA 23701 save an estimated $5,380 compared to a typical 5% commission on the median listing price of $269,000. 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.