Population: 27,121 · Density: 751.4/mi² · Median household income: $72,822
Typical home value: $262,642 · Homeownership: 69.2%
Data as of January 2026. Source: Realtor.com.
The PORTSMOUTH, VA real estate market (23703) currently shows 72 active listings. Homes are averaging 47 days on the market before going under contract.
Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice.
Homes are selling faster, averaging 47 days on market compared to 49 days last year.
The median listing price has risen 9.3% year-over-year, from $318,725 to $348,500.
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 $ |
|---|---|---|---|---|---|---|
| 23703 | Portsmouth, VA 23703 | 0.0 mi | 72 | $25,197,552 | $348,500 | $349,966 |
| 23508 | Norfolk, VA 23508 | 3.4 mi | 43 | $16,661,683 | $364,900 | $387,481 |
| 23517 | Norfolk, VA 23517 | 4.4 mi | 11 | $3,461,832 | $292,450 | $314,712 |
| 23510 | Norfolk, VA 23510 | 4.8 mi | 40 | $16,822,480 | $327,250 | $420,562 |
| 23505 | Norfolk, VA 23505 | 5.0 mi | 45 | $17,479,440 | $325,000 | $388,432 |
| 23509 | Norfolk, VA 23509 | 6.0 mi | 28 | $9,176,608 | $281,450 | $327,736 |
| 23321 | Chesapeake, VA 23321 | 6.2 mi | 85 | $38,078,725 | $452,500 | $447,985 |
| 23435 | Suffolk, VA 23435 | 6.7 mi | 135 | $73,078,605 | $517,000 | $541,323 |
| 23513 | Norfolk, VA 23513 | 7.4 mi | 48 | $14,308,368 | $292,500 | $298,091 |
| 23436 | Suffolk, VA 23436 | 7.7 mi | 5 | $5,710,700 | $719,450 | $1,142,140 |
| 23607 | Newport News, VA 23607 | 7.9 mi | 83 | $20,222,037 | $229,700 | $243,639 |
| 23661 | Hampton, VA 23661 | 8.9 mi | 47 | $12,697,332 | $262,500 | $270,156 |
| 23502 | Norfolk, VA 23502 | 9.0 mi | 25 | $10,047,150 | $357,500 | $401,886 |
As of January 2026, there are 72 active listings in PORTSMOUTH, VA (zip code 23703), compared to 49 the prior year.
The median listing price in PORTSMOUTH, VA 23703 is $348,500 as of January 2026, a 9.3% increase from $318,725 the prior year.
Homes in PORTSMOUTH, VA 23703 spend an average of 47 days on the market before going under contract, compared to 49 days the prior year.
Based on current inventory and days-on-market data as of January 2026, PORTSMOUTH, VA 23703 is currently a Balanced Market. Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice. Homes are selling faster, averaging 47 days on market compared to 49 days last year.
With SELL123.com's maximum 3% commission, sellers in PORTSMOUTH, VA 23703 save an estimated $6,970 compared to a typical 5% commission on the median listing price of $348,500. 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.