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Portsmouth Market Report

$254,199

AVERAGE PRICE OF 479 HOMES

$183,211

AVERAGE PRICE OF 19 DISTRESSED HOMES

$1,487,500

AVERAGE PRICE OF 2 MULTI-MILLION DOLLAR HOMES

$324,554

AVERAGE PRICE OF 44 NEWLY BUILT HOMES

$360,783

AVERAGE PRICE OF 6 HOMES WITH A POOL

$296,707

AVERAGE PRICE OF 14 REDUCED PRICE HOMES

Average Home

Average Price $254,199
Avg Bedrooms 2.89 beds
Avg Bathrooms 1.54 baths

Average Price by Bedrooms

1 bedroom $49,000
2 bedrooms $161,964
3 bedrooms $231,364
4 bedrooms $289,880
5 bedrooms $334,639
Portsmouth Home Price Trends
  10/2022 9/2022 8/2022 7/2022 6/2022
Total Listings 500 534 559 553 n/a
Average Price $267,884 $269,712 $264,441 $263,582 n/a
Avg Price Change -0.68% +1.99% +0.33% n/a n/a
Median Price $251,146 $258,248 $250,099 $249,937 n/a
Med Price Change -2.83% +3.26% +0.06% n/a n/a
Avg Bedrooms 2.92 beds 3 beds 2.97 beds 2.96 beds n/a
Avg Bathrooms 1.61 baths 1.67 baths 1.66 baths 1.65 baths n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Churchland 115 $288,656 57 days
Ic Norcom 190 $243,839 77 days
Manor High 148 $224,433 85 days
Other High School 14 $232,064 56 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 479 $254,199 84 days
Distressed Homes 19 $183,211 181 days
Multi-Million Dollar Homes 2 $1,487,500 157 days
Newly Built Homes 44 $324,554 118 days
Homes with a Pool 6 $360,783 70 days
Reduced Price Homes 14 $296,707 74 days
RE/MAX Edge
Chad Ingram
120 S. Lynnhaven Rd, Ste 204
Virginia Beach, VA 23452
757-226-9007

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REIN update its listing on a daily basis. data last updated: November 28, 2022

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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