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Data as of September 2026. Source: Realtor.com.
The PORTSMOUTH, VA real estate market (23703) currently shows 62 active listings. Homes are averaging 33 days on the market before going under contract.
Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 33 days on market compared to 37 days last year.
The median listing price has fallen 1.3% year-over-year, from $336,225 to $331,975.
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 September 2026, there are 62 active listings in PORTSMOUTH, VA (zip code 23703), compared to 65 the prior year.
The median listing price in PORTSMOUTH, VA 23703 is $331,975 as of September 2026, a 1.3% decrease from $336,225 the prior year.
Homes in PORTSMOUTH, VA 23703 spend an average of 33 days on the market before going under contract, compared to 37 days the prior year.
Based on current inventory and days-on-market data as of September 2026, PORTSMOUTH, VA 23703 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 33 days on market compared to 37 days last year.
With SELL123.com's maximum 3% commission, sellers in PORTSMOUTH, VA 23703 save an estimated $6,640 compared to a typical 5% commission on the median listing price of $331,975. 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.