Data as of June 2026. Source: Realtor.com.
The PORTSMOUTH, VA real estate market (23707) currently shows 46 active listings, with 1 pending sales. Homes are averaging 34 days on the market before going under contract.
Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.
The median listing price has risen 6.8% year-over-year, from $273,475 to $292,000.
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: 14,254 · Density: 1,411.5/mi² · Median household income: $49,363
Typical home value: $198,883 · Homeownership: 55.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 23707 | Portsmouth, VA 23707 | 0.0 mi | 37 | $10,476,328 | $280,950 | $283,144 |
| 23507 | Norfolk, VA 23507 | 2.5 mi | 19 | $8,106,445 | $252,750 | $426,655 |
| 23510 | Norfolk, VA 23510 | 2.8 mi | 39 | $15,795,351 | $298,750 | $405,009 |
| 23703 | Portsmouth, VA 23703 | 3.1 mi | 61 | $20,728,044 | $340,950 | $339,804 |
| 23508 | Norfolk, VA 23508 | 3.4 mi | 33 | $12,000,318 | $349,950 | $363,646 |
| 23504 | Norfolk, VA 23504 | 4.2 mi | 50 | $15,302,500 | $280,000 | $306,050 |
| 23509 | Norfolk, VA 23509 | 5.1 mi | 29 | $9,998,098 | $284,975 | $344,762 |
| 23505 | Norfolk, VA 23505 | 5.6 mi | 46 | $19,165,762 | $318,825 | $416,647 |
| 23513 | Norfolk, VA 23513 | 6.5 mi | 57 | $17,493,471 | $304,450 | $306,903 |
| 23435 | Suffolk, VA 23435 | 7.8 mi | 150 | $80,041,500 | $514,900 | $533,610 |
| 23518 | Norfolk, VA 23518 | 8.5 mi | 83 | $43,524,453 | $417,000 | $524,391 |
| 23464 | Virginia Beach, VA 23464 | 9.4 mi | 64 | $26,882,176 | $405,000 | $420,034 |
| 23323 | Chesapeake, VA 23323 | 9.6 mi | 63 | $30,775,311 | $497,450 | $488,497 |
As of June 2026, there are 46 active listings in PORTSMOUTH, VA (zip code 23707), compared to 51 the prior year.
The median listing price in PORTSMOUTH, VA 23707 is $292,000 as of June 2026, a 6.8% increase from $273,475 the prior year.
Homes in PORTSMOUTH, VA 23707 spend an average of 34 days on the market before going under contract, compared to 34 days the prior year.
Based on current inventory and days-on-market data as of June 2026, PORTSMOUTH, VA 23707 is currently a Balanced Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.
With SELL123.com's maximum 3% commission, sellers in PORTSMOUTH, VA 23707 save an estimated $5,840 compared to a typical 5% commission on the median listing price of $292,000. 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.