Dale Homes · Swanson Homes
Data as of June 2026. Source: Realtor.com.
The PORTSMOUTH, VA real estate market (23704) currently shows 67 active listings. Homes are averaging 38 days on the market before going under contract.
Inventory has tightened compared to last year, with 18 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 38 days on market compared to 32 days last year.
The median listing price has risen 7.5% year-over-year, from $242,925 to $261,200.
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 June 2026, there are 67 active listings in PORTSMOUTH, VA (zip code 23704), compared to 85 the prior year.
The median listing price in PORTSMOUTH, VA 23704 is $261,200 as of June 2026, a 7.5% increase from $242,925 the prior year.
Homes in PORTSMOUTH, VA 23704 spend an average of 38 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 June 2026, PORTSMOUTH, VA 23704 is currently a Balanced Market. Inventory has tightened compared to last year, with 18 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 38 days on market compared to 32 days last year.
With SELL123.com's maximum 3% commission, sellers in PORTSMOUTH, VA 23704 save an estimated $5,224 compared to a typical 5% commission on the median listing price of $261,200. 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.