23701 Home Values & Market Trends
There are 551 homes currently listed for 23701. 23701 real estate market trends show that home prices range from $45,000 to $799,900, and the median sales price in the 23701 zip code is $277,219. The total number of properties sold within the past twelve months is 548. In 23701, 36 properties are in foreclosure, 22 are bank owned properties,and 14 are headed for auction.
23701 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Portsmouth | $ 282,368 $ 194/sqft |
Housing Market Summary for 23701
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $255K | $264.9K | 3.88% |
| Median Sold Price | $247.5K | $250K | 1.05% |
| Homes For Sale | 483 | 544 | 12.63% |
| Homes Sold | 148 | 116 | -21.62% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 23701
Browse Homes in 23701
The median list price of a home in Portsmouth, is $277,219. A total of 551 properties are for sale, and the percentage of properties for sale in the zip code is 551.00%. The total count of 23701 properties is 739.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 23701 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 23701; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 23701 ranges from the highest value of $420,000 in portsmouth to the lowest value of $96,000 in portsmouth. Bank owned homes and properties account for 2.98% of properties in 23701. There is 1 cities within 23701; portsmouth containing 77 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsportsmouth has 68 auction properties, the highest number of properties going to auction in a single city in the state of 23701. Auction homes and other auction properties account for 1.89% of all properties in 23701. There is 1 cities within 23701; of that cities, the median estimated home value for homes going to auction ranges from $441,375 in portsmouth to the lowest value of $114,134 in portsmouth.
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More Real Estate Resources for 23701
Guide for 23701
Virginia Foreclosure Laws
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
