Population: 14,254 · Density: 1,411.5/mi² · Median household income: $49,363
Typical home value: $198,883 · Homeownership: 55.5%
Data as of January 2026. Source: Realtor.com.
The PORTSMOUTH, VA real estate market (23707) currently shows 43 active listings. Homes are averaging 52 days on the market before going under contract.
Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 52 days on market compared to 57 days last year.
The median listing price has risen 1.4% year-over-year, from $281,175 to $285,000.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 23707 | Portsmouth, VA 23707 | 0.0 mi | 43 | $12,878,973 | $285,000 | $299,511 |
| 23507 | Norfolk, VA 23507 | 2.5 mi | 21 | $9,285,234 | $250,000 | $442,154 |
| 23510 | Norfolk, VA 23510 | 2.8 mi | 40 | $16,822,480 | $327,250 | $420,562 |
| 23703 | Portsmouth, VA 23703 | 3.1 mi | 72 | $25,197,552 | $348,500 | $349,966 |
| 23508 | Norfolk, VA 23508 | 3.4 mi | 43 | $16,661,683 | $364,900 | $387,481 |
| 23504 | Norfolk, VA 23504 | 4.2 mi | 50 | $15,550,500 | $287,250 | $311,010 |
| 23509 | Norfolk, VA 23509 | 5.1 mi | 28 | $9,176,608 | $281,450 | $327,736 |
| 23505 | Norfolk, VA 23505 | 5.6 mi | 45 | $17,479,440 | $325,000 | $388,432 |
| 23513 | Norfolk, VA 23513 | 6.5 mi | 48 | $14,308,368 | $292,500 | $298,091 |
| 23435 | Suffolk, VA 23435 | 7.8 mi | 135 | $73,078,605 | $517,000 | $541,323 |
| 23518 | Norfolk, VA 23518 | 8.5 mi | 88 | $44,206,008 | $395,000 | $502,341 |
| 23464 | Virginia Beach, VA 23464 | 9.4 mi | 73 | $31,454,021 | $424,500 | $430,877 |
| 23323 | Chesapeake, VA 23323 | 9.6 mi | 73 | $35,052,848 | $450,000 | $480,176 |
As of January 2026, there are 43 active listings in PORTSMOUTH, VA (zip code 23707), compared to 44 the prior year.
The median listing price in PORTSMOUTH, VA 23707 is $285,000 as of January 2026, a 1.4% increase from $281,175 the prior year.
Homes in PORTSMOUTH, VA 23707 spend an average of 52 days on the market before going under contract, compared to 57 days the prior year.
Based on current inventory and days-on-market data as of January 2026, PORTSMOUTH, VA 23707 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 52 days on market compared to 57 days last year.
With SELL123.com's maximum 3% commission, sellers in PORTSMOUTH, VA 23707 save an estimated $5,700 compared to a typical 5% commission on the median listing price of $285,000. 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.