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Data as of June 2026. Source: Realtor.com.
The PORTSMOUTH, VA real estate market (23701) currently shows 78 active listings, with 2 pending sales. Homes are averaging 39 days on the market before going under contract.
Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 39 days on market compared to 35 days last year.
The median listing price has risen 0.1% year-over-year, from $263,225 to $263,475.
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 June 2026, there are 78 active listings in PORTSMOUTH, VA (zip code 23701), compared to 68 the prior year.
The median listing price in PORTSMOUTH, VA 23701 is $263,475 as of June 2026, a 0.1% increase from $263,225 the prior year.
Homes in PORTSMOUTH, VA 23701 spend an average of 39 days on the market before going under contract, compared to 35 days the prior year.
Based on current inventory and days-on-market data as of June 2026, PORTSMOUTH, VA 23701 is currently a Buyer's Market. Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 39 days on market compared to 35 days last year.
With SELL123.com's maximum 3% commission, sellers in PORTSMOUTH, VA 23701 save an estimated $5,270 compared to a typical 5% commission on the median listing price of $263,475. 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.