Dale Homes · Swanson Homes
Data as of April 2026. Source: Realtor.com.
The PORTSMOUTH, VA real estate market (23704) currently shows 60 active listings. Homes are averaging 34 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 34 days on market compared to 35 days last year.
The median listing price has risen 4.4% year-over-year, from $265,875 to $277,500.
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.
Population: 18,125 · Density: 1,548.1/mi² · Median household income: $43,680
Typical home value: $172,149 · Homeownership: 35.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 23704 | Portsmouth, VA 23704 | 0.0 mi | 68 | $17,330,412 | $259,700 | $254,859 |
| 23707 | Portsmouth, VA 23707 | 1.9 mi | 37 | $10,476,328 | $280,950 | $283,144 |
| 23523 | Norfolk, VA 23523 | 2.3 mi | 14 | $4,144,252 | $277,500 | $296,018 |
| 23324 | Chesapeake, VA 23324 | 2.7 mi | 43 | $11,913,193 | $268,725 | $277,051 |
| 23701 | Portsmouth, VA 23701 | 3.3 mi | 60 | $15,952,740 | $260,000 | $265,879 |
| 23508 | Norfolk, VA 23508 | 4.0 mi | 33 | $12,000,318 | $349,950 | $363,646 |
| 23509 | Norfolk, VA 23509 | 4.8 mi | 29 | $9,998,098 | $284,975 | $344,762 |
| 23513 | Norfolk, VA 23513 | 6.0 mi | 57 | $17,493,471 | $304,450 | $306,903 |
| 23502 | Norfolk, VA 23502 | 6.2 mi | 29 | $11,410,398 | $342,500 | $393,462 |
| 23320 | Chesapeake, VA 23320 | 7.3 mi | 86 | $37,215,554 | $405,975 | $432,739 |
| 23518 | Norfolk, VA 23518 | 8.2 mi | 83 | $43,524,453 | $417,000 | $524,391 |
| 23462 | Virginia Beach, VA 23462 | 8.9 mi | 64 | $28,094,080 | $318,000 | $438,970 |
| 23435 | Suffolk, VA 23435 | 9.3 mi | 150 | $80,041,500 | $514,900 | $533,610 |
As of April 2026, there are 60 active listings in PORTSMOUTH, VA (zip code 23704), compared to 72 the prior year.
The median listing price in PORTSMOUTH, VA 23704 is $277,500 as of April 2026, a 4.4% increase from $265,875 the prior year.
Homes in PORTSMOUTH, VA 23704 spend an average of 34 days on the market before going under contract, compared to 35 days the prior year.
Based on current inventory and days-on-market data as of April 2026, PORTSMOUTH, VA 23704 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 34 days on market compared to 35 days last year.
With SELL123.com's maximum 3% commission, sellers in PORTSMOUTH, VA 23704 save an estimated $5,550 compared to a typical 5% commission on the median listing price of $277,500. 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.