Data as of September 2026. Source: Realtor.com.
The PORTSMOUTH, VA real estate market (23707) currently shows 58 active listings. Homes are averaging 35 days on the market before going under contract.
Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.
Homes are selling faster, averaging 35 days on market compared to 39 days last year.
The median listing price has risen 13.8% year-over-year, from $259,250 to $295,000.
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 September 2026, there are 58 active listings in PORTSMOUTH, VA (zip code 23707), compared to 52 the prior year.
The median listing price in PORTSMOUTH, VA 23707 is $295,000 as of September 2026, a 13.8% increase from $259,250 the prior year.
Homes in PORTSMOUTH, VA 23707 spend an average of 35 days on the market before going under contract, compared to 39 days the prior year.
Based on current inventory and days-on-market data as of September 2026, PORTSMOUTH, VA 23707 is currently a Balanced Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are selling faster, averaging 35 days on market compared to 39 days last year.
With SELL123.com's maximum 3% commission, sellers in PORTSMOUTH, VA 23707 save an estimated $5,900 compared to a typical 5% commission on the median listing price of $295,000. 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.