Data as of March 2026. Source: Realtor.com.
The PORTSMOUTH, VA real estate market (23707) currently shows 51 active listings, with 1 pending sales. Homes are averaging 22 days on the market before going under contract.
Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice.
Homes are selling faster, averaging 22 days on market compared to 38 days last year.
The median listing price has risen 0% year-over-year, from $274,900 to $275,000.
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 March 2026, there are 51 active listings in PORTSMOUTH, VA (zip code 23707), compared to 40 the prior year.
The median listing price in PORTSMOUTH, VA 23707 is $275,000 as of March 2026, a 0% increase from $274,900 the prior year.
Homes in PORTSMOUTH, VA 23707 spend an average of 22 days on the market before going under contract, compared to 38 days the prior year.
Based on current inventory and days-on-market data as of March 2026, PORTSMOUTH, VA 23707 is currently a Balanced Market. Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice. Homes are selling faster, averaging 22 days on market compared to 38 days last year.
With SELL123.com's maximum 3% commission, sellers in PORTSMOUTH, VA 23707 save an estimated $5,500 compared to a typical 5% commission on the median listing price of $275,000. 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.