Active Listings
35
⇩ 10.3% vs 39 last year
Population: 12,107 · Density: 1,949.1/mi² · Median household income: $45,772
Typical home value: $175,295 · Homeownership: 46.8%
Data as of January 2026. Source: Realtor.com.
The PORTSMOUTH, VA real estate market (23702) currently shows 35 active listings. Homes are averaging 61 days on the market before going under contract.
Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 61 days on market compared to 45 days last year.
The median listing price has risen 2.1% year-over-year, from $239,950 to $245,000.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 23702 | Portsmouth, VA 23702 | 0.0 mi | 35 | $8,948,415 | $245,000 | $255,669 |
| 23701 | Portsmouth, VA 23701 | 2.5 mi | 61 | $16,629,027 | $265,000 | $272,607 |
| 23324 | Chesapeake, VA 23324 | 2.9 mi | 55 | $16,439,995 | $290,000 | $298,909 |
| 23510 | Norfolk, VA 23510 | 3.9 mi | 40 | $16,822,480 | $327,250 | $420,562 |
| 23325 | Chesapeake, VA 23325 | 4.9 mi | 18 | $5,699,880 | $299,999 | $316,660 |
| 23504 | Norfolk, VA 23504 | 5.0 mi | 50 | $15,550,500 | $287,250 | $311,010 |
| 23508 | Norfolk, VA 23508 | 5.7 mi | 43 | $16,661,683 | $364,900 | $387,481 |
| 23509 | Norfolk, VA 23509 | 6.5 mi | 28 | $9,176,608 | $281,450 | $327,736 |
| 23323 | Chesapeake, VA 23323 | 7.2 mi | 73 | $35,052,848 | $450,000 | $480,176 |
| 23513 | Norfolk, VA 23513 | 7.7 mi | 48 | $14,308,368 | $292,500 | $298,091 |
| 23464 | Virginia Beach, VA 23464 | 8.2 mi | 73 | $31,454,021 | $424,500 | $430,877 |
| 23518 | Norfolk, VA 23518 | 10.0 mi | 88 | $44,206,008 | $395,000 | $502,341 |
| 23503 | Norfolk, VA 23503 | 10.6 mi | 67 | $29,425,864 | $350,000 | $439,192 |
As of January 2026, there are 35 active listings in PORTSMOUTH, VA (zip code 23702), compared to 39 the prior year.
The median listing price in PORTSMOUTH, VA 23702 is $245,000 as of January 2026, a 2.1% increase from $239,950 the prior year.
Homes in PORTSMOUTH, VA 23702 spend an average of 61 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 January 2026, PORTSMOUTH, VA 23702 is currently a Balanced Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 61 days on market compared to 45 days last year.
With SELL123.com's maximum 3% commission, sellers in PORTSMOUTH, VA 23702 save an estimated $4,900 compared to a typical 5% commission on the median listing price of $245,000. 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.