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Portsmouth, VA Real Estate Market Trends & Home Values

Foreclosures
Pre-foreclosures
Bank Owned
Auction
For Sale
Recently Sold

Portsmouth, VA Market Overview

Real estate market trends reflect that there have been 2630 transactions over the past year in Portsmouth. The median value for residential home transactions that occurred over the previous year is $228,865. The number of current listings in Portsmouth is 169, and the percentage of properties for sale in the city is 73.8%. Portsmouth, VA currently has 60 properties in foreclosure, 0 bank owned properties, 60 properties headed for auction, and 169 properties for sale.
Active Residential Inventory
229
Total Inventory

Recently Sold Properties

1,291
Total Sales (Last 6 Months)
Foreclosures ( 60 )
26.2%
Pre-foreclosures ( 0 )
0%
Bank Owned ( 0 )
0%
Auctions ( 60 )
26.2%
For Sale ( 169 )
73.8%

Portsmouth, VA Home Values

$228,865
Portsmouth home values range from $14,695 to $2,433,017. The median estimated value of a home in Portsmouth is $228,865. The median list price of a home is $249,999, and the total count of properties in the city is 28,532.

Portsmouth, VA Real Estate Market Overview

Portsmouth, VA Foreclosures Market Overview
Last 24 Hours
Zip Code Median Est. Value
23703
$250,483
$160.00/sqft
23701
$213,520
$163.00/sqft
23707
$209,021
$153.00/sqft
23704
$180,953
$142.00/sqft
23702
$172,236
$139.00/sqft

There are 5 zip codes within Portsmouth, VA; within these zip codes, the median estimated home value for homes in foreclosure ranges from $609,143 in 23703 to the lowest value of $66,402 in 23701. Foreclosure homes account for 0.21% of properties in Portsmouth, VA with 23701 containing 23 foreclosures, the highest number of foreclosure properties in a single zip code.

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Portsmouth, VA

Portsmouth, VA Pre-foreclosures Market Overview
Last 24 Hours
Portsmouth, VA Bank Owned Market Overview
Last 24 Hours
Portsmouth, VA Auction Market Overview
Last 24 Hours
Portsmouth, VA For Sale Market Overview
Last 24 Hours
Portsmouth, VA Recently Sold Market Overview
Last 6 Months

Top Markets

Last 6 Months
1. 23703
2. 23701
3. 23704
4. 23707
5. 23702

Nearby Cities Portsmouth, VA

1.    Norfolk
2.    Carrollton
3.    Fort Monroe
4.    Hampton
5.    Chesapeake
6.    Suffolk
7.    Newport News
8.    Poquoson
9.    Windsor
10.    Smithfield
11.    Virginia Beach
12.    Seaford
13.    Fort Eustis
14.    Yorktown
15.    Zuni
16.    Surry

Nearby Zip Codes Portsmouth, VA

1.    23703
2.    23707
3.    23508
4.    23507
5.    23701
6.    23517
7.    23510
8.    23704
9.    23505
10.    23515
11.    23551
12.    23501
13.    23321
14.    23702
15.    23504
16.    23511
17.    23435
  • Real Estate Market Trends
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