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Portsmouth Market Report

$290,077

AVERAGE PRICE OF 568 HOMES

$242,600

AVERAGE PRICE OF 24 DISTRESSED HOMES

$1,658,800

AVERAGE PRICE OF 5 MULTI-MILLION DOLLAR HOMES

$324,847

AVERAGE PRICE OF 59 NEWLY BUILT HOMES

$329,373

AVERAGE PRICE OF 8 HOMES WITH A POOL

$281,033

AVERAGE PRICE OF 31 REDUCED PRICE HOMES

Average Home

Average Price $290,077
Avg Bedrooms 2.88 beds
Avg Bathrooms 1.67 baths

Average Price by Bedrooms

1 bedroom $179,966
2 bedrooms $202,808
3 bedrooms $274,357
4 bedrooms $319,092
5 bedrooms $394,625
Portsmouth Home Price Trends
  6/2024 5/2024 4/2024 3/2024 2/2024
Total Listings 547 514 501 462 465
Average Price $295,773 $296,743 $287,801 $290,922 $286,765
Avg Price Change -0.33% +3.11% -1.08% +1.45% +2.37%
Median Price $274,763 $274,451 $270,053 $269,938 $268,184
Med Price Change +0.11% +1.63% +0.04% +0.65% +1.20%
Avg Bedrooms 2.92 beds 2.96 beds 2.97 beds 2.96 beds 2.92 beds
Avg Bathrooms 1.73 baths 1.74 baths 1.73 baths 1.73 baths 1.72 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Manor High 220 $263,183 72 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 568 $290,077 64 days
Distressed Homes 24 $242,600 114 days
Multi-Million Dollar Homes 5 $1,658,800 218 days
Newly Built Homes 59 $324,847 110 days
Homes with a Pool 8 $329,373 79 days
Reduced Price Homes 31 $281,033 39 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: July 20, 2024

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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