Norport Homes
Data as of March 2026. Source: Realtor.com.
The PORTSMOUTH, VA real estate market (23702) currently shows 35 active listings, with 2 pending sales. Homes are averaging 46 days on the market before going under contract.
Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.
The median listing price has fallen 2.5% year-over-year, from $249,900 to $243,725.
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: 12,107 · Density: 1,949.1/mi² · Median household income: $45,772
Typical home value: $175,295 · Homeownership: 46.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 23702 | Portsmouth, VA 23702 | 0.0 mi | 35 | $8,184,155 | $223,724 | $233,833 |
| 23701 | Portsmouth, VA 23701 | 2.5 mi | 60 | $15,952,740 | $260,000 | $265,879 |
| 23324 | Chesapeake, VA 23324 | 2.9 mi | 43 | $11,913,193 | $268,725 | $277,051 |
| 23510 | Norfolk, VA 23510 | 3.9 mi | 39 | $15,795,351 | $298,750 | $405,009 |
| 23325 | Chesapeake, VA 23325 | 4.9 mi | 20 | $9,582,400 | $340,000 | $479,120 |
| 23504 | Norfolk, VA 23504 | 5.0 mi | 50 | $15,302,500 | $280,000 | $306,050 |
| 23508 | Norfolk, VA 23508 | 5.7 mi | 33 | $12,000,318 | $349,950 | $363,646 |
| 23509 | Norfolk, VA 23509 | 6.5 mi | 29 | $9,998,098 | $284,975 | $344,762 |
| 23323 | Chesapeake, VA 23323 | 7.2 mi | 63 | $30,775,311 | $497,450 | $488,497 |
| 23513 | Norfolk, VA 23513 | 7.7 mi | 57 | $17,493,471 | $304,450 | $306,903 |
| 23464 | Virginia Beach, VA 23464 | 8.2 mi | 64 | $26,882,176 | $405,000 | $420,034 |
| 23518 | Norfolk, VA 23518 | 10.0 mi | 83 | $43,524,453 | $417,000 | $524,391 |
| 23503 | Norfolk, VA 23503 | 10.6 mi | 74 | $32,849,118 | $349,675 | $443,907 |
As of March 2026, there are 35 active listings in PORTSMOUTH, VA (zip code 23702), compared to 31 the prior year.
The median listing price in PORTSMOUTH, VA 23702 is $243,725 as of March 2026, a 2.5% decrease from $249,900 the prior year.
Homes in PORTSMOUTH, VA 23702 spend an average of 46 days on the market before going under contract, compared to 46 days the prior year.
Based on current inventory and days-on-market data as of March 2026, PORTSMOUTH, VA 23702 is currently a Balanced Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.
With SELL123.com's maximum 3% commission, sellers in PORTSMOUTH, VA 23702 save an estimated $4,875 compared to a typical 5% commission on the median listing price of $243,725. 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.