Norport Homes
Data as of June 2026. Source: Realtor.com.
The PORTSMOUTH, VA real estate market (23702) currently shows 28 active listings, with 1 pending sales. Homes are averaging 32 days on the market before going under contract.
Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 32 days on market compared to 48 days last year.
The median listing price has risen 2% year-over-year, from $245,000 to $249,900.
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 June 2026, there are 28 active listings in PORTSMOUTH, VA (zip code 23702), compared to 40 the prior year.
The median listing price in PORTSMOUTH, VA 23702 is $249,900 as of June 2026, a 2% increase from $245,000 the prior year.
Homes in PORTSMOUTH, VA 23702 spend an average of 32 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 June 2026, PORTSMOUTH, VA 23702 is currently a Seller's Market. Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 32 days on market compared to 48 days last year.
With SELL123.com's maximum 3% commission, sellers in PORTSMOUTH, VA 23702 save an estimated $4,998 compared to a typical 5% commission on the median listing price of $249,900. 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.