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Data as of April 2026. Source: Realtor.com.
The PORTSMOUTH, VA real estate market (23701) currently shows 74 active listings, with 1 pending sales. Homes are averaging 31 days on the market before going under contract.
Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.
Homes are selling faster, averaging 31 days on market compared to 35 days last year.
The median listing price has risen 2.5% year-over-year, from $266,350 to $273,075.
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 April 2026, there are 74 active listings in PORTSMOUTH, VA (zip code 23701), compared to 66 the prior year.
The median listing price in PORTSMOUTH, VA 23701 is $273,075 as of April 2026, a 2.5% increase from $266,350 the prior year.
Homes in PORTSMOUTH, VA 23701 spend an average of 31 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 April 2026, PORTSMOUTH, VA 23701 is currently a Balanced Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are selling faster, averaging 31 days on market compared to 35 days last year.
With SELL123.com's maximum 3% commission, sellers in PORTSMOUTH, VA 23701 save an estimated $5,462 compared to a typical 5% commission on the median listing price of $273,075. 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.