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Portsmouth Market Report

$307,668

AVERAGE PRICE OF 500 HOMES

$184,679

AVERAGE PRICE OF 24 DISTRESSED HOMES

$3,220,000

AVERAGE PRICE OF 5 MULTI-MILLION DOLLAR HOMES

$359,033

AVERAGE PRICE OF 56 NEWLY BUILT HOMES

$353,692

AVERAGE PRICE OF 14 HOMES WITH A POOL

$290,765

AVERAGE PRICE OF 15 REDUCED PRICE HOMES

Average Home

Average Price $307,668
Avg Bedrooms 2.99 beds
Avg Bathrooms 1.66 baths

Average Price by Bedrooms

1 bedroom $290,000
2 bedrooms $199,783
3 bedrooms $255,204
4 bedrooms $328,839
5 bedrooms $400,104
Portsmouth Home Price Trends
  12/2024 11/2024 10/2024 9/2024 8/2024
Total Listings 505 541 569 567 555
Average Price $307,176 $310,734 $303,661 $296,337 $287,438
Avg Price Change -1.16% +2.33% +2.47% +3.10% -0.93%
Median Price $271,158 $274,456 $268,525 $267,488 $269,274
Med Price Change -1.22% +2.21% +0.39% -0.67% -0.92%
Avg Bedrooms 2.94 beds 2.95 beds 2.88 beds 2.86 beds 2.86 beds
Avg Bathrooms 1.67 baths 1.68 baths 1.65 baths 1.65 baths 1.65 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Manor High 189 $265,222 65 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 500 $307,668 71 days
Distressed Homes 24 $184,679 117 days
Multi-Million Dollar Homes 5 $3,220,000 205 days
Newly Built Homes 56 $359,033 92 days
Homes with a Pool 14 $353,692 60 days
Reduced Price Homes 15 $290,765 52 days
RE/MAX Edge
Justin Watson
120 S. Lynnhaven Rd, Ste 204
Virginia Beach, VA 23452
757-995-5384

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REIN update its listing on a daily basis. data last updated: January 24, 2025

Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings, user is advised to verify the accuracy of the listing information before making any financial decisions.

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