Dale Homes · Swanson Homes
Data as of September 2026. Source: Realtor.com.
The PORTSMOUTH, VA real estate market (23704) currently shows 73 active listings. Homes are averaging 42 days on the market before going under contract.
Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 42 days on market compared to 41 days last year.
The median listing price has risen 7.6% year-over-year, from $262,475 to $282,500.
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 September 2026, there are 73 active listings in PORTSMOUTH, VA (zip code 23704), compared to 80 the prior year.
The median listing price in PORTSMOUTH, VA 23704 is $282,500 as of September 2026, a 7.6% increase from $262,475 the prior year.
Homes in PORTSMOUTH, VA 23704 spend an average of 42 days on the market before going under contract, compared to 41 days the prior year.
Based on current inventory and days-on-market data as of September 2026, PORTSMOUTH, VA 23704 is currently a Balanced Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 42 days on market compared to 41 days last year.
With SELL123.com's maximum 3% commission, sellers in PORTSMOUTH, VA 23704 save an estimated $5,650 compared to a typical 5% commission on the median listing price of $282,500. 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.