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Data as of March 2026. Source: Realtor.com.
The PORTSMOUTH, VA real estate market (23703) currently shows 57 active listings, with 2 pending sales. Homes are averaging 37 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 37 days on market compared to 32 days last year.
The median listing price has risen 12.9% year-over-year, from $309,950 to $349,900.
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: 27,121 · Density: 751.4/mi² · Median household income: $72,822
Typical home value: $262,642 · Homeownership: 69.2%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 23703 | Portsmouth, VA 23703 | 0.0 mi | 61 | $20,728,044 | $340,950 | $339,804 |
| 23508 | Norfolk, VA 23508 | 3.4 mi | 33 | $12,000,318 | $349,950 | $363,646 |
| 23517 | Norfolk, VA 23517 | 4.4 mi | 7 | $2,218,146 | $277,975 | $316,878 |
| 23510 | Norfolk, VA 23510 | 4.8 mi | 39 | $15,795,351 | $298,750 | $405,009 |
| 23505 | Norfolk, VA 23505 | 5.0 mi | 46 | $19,165,762 | $318,825 | $416,647 |
| 23509 | Norfolk, VA 23509 | 6.0 mi | 29 | $9,998,098 | $284,975 | $344,762 |
| 23321 | Chesapeake, VA 23321 | 6.2 mi | 86 | $38,757,018 | $461,000 | $450,663 |
| 23435 | Suffolk, VA 23435 | 6.7 mi | 150 | $80,041,500 | $514,900 | $533,610 |
| 23513 | Norfolk, VA 23513 | 7.4 mi | 57 | $17,493,471 | $304,450 | $306,903 |
| 23436 | Suffolk, VA 23436 | 7.7 mi | 5 | $5,359,700 | $654,900 | $1,071,940 |
| 23607 | Newport News, VA 23607 | 7.9 mi | 80 | $20,192,400 | $228,675 | $252,405 |
| 23661 | Hampton, VA 23661 | 8.9 mi | 51 | $14,500,422 | $274,950 | $284,322 |
| 23502 | Norfolk, VA 23502 | 9.0 mi | 29 | $11,410,398 | $342,500 | $393,462 |
As of March 2026, there are 57 active listings in PORTSMOUTH, VA (zip code 23703), compared to 59 the prior year.
The median listing price in PORTSMOUTH, VA 23703 is $349,900 as of March 2026, a 12.9% increase from $309,950 the prior year.
Homes in PORTSMOUTH, VA 23703 spend an average of 37 days on the market before going under contract, compared to 32 days the prior year.
Based on current inventory and days-on-market data as of March 2026, PORTSMOUTH, VA 23703 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 37 days on market compared to 32 days last year.
With SELL123.com's maximum 3% commission, sellers in PORTSMOUTH, VA 23703 save an estimated $6,998 compared to a typical 5% commission on the median listing price of $349,900. 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.