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Portsmouth Market Report

$290,146

AVERAGE PRICE OF 515 HOMES

$195,338

AVERAGE PRICE OF 31 DISTRESSED HOMES

$1,850,000

AVERAGE PRICE OF 2 MULTI-MILLION DOLLAR HOMES

$365,028

AVERAGE PRICE OF 54 NEWLY BUILT HOMES

$426,399

AVERAGE PRICE OF 12 HOMES WITH A POOL

$243,343

AVERAGE PRICE OF 16 REDUCED PRICE HOMES

Average Home

Average Price $290,146
Avg Bedrooms 3.01 beds
Avg Bathrooms 1.65 baths

Average Price by Bedrooms

2 bedrooms $188,278
3 bedrooms $263,963
4 bedrooms $344,017
5 bedrooms $413,069
Portsmouth Home Price Trends
  3/2025 2/2025 1/2025 12/2024 11/2024
Total Listings 505 516 490 505 541
Average Price $315,741 $310,570 $306,708 $307,176 $310,734
Avg Price Change +1.67% +1.26% -0.15% -1.16% +2.33%
Median Price $277,111 $271,786 $268,496 $271,158 $274,456
Med Price Change +1.96% +1.23% -0.99% -1.22% +2.21%
Avg Bedrooms 3.02 beds 3.02 beds 2.99 beds 2.94 beds 2.95 beds
Avg Bathrooms 1.69 baths 1.68 baths 1.68 baths 1.67 baths 1.68 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Ic Norcom 191 $289,849 65 days
Total Homes Average Price Avg Days on Site
All Homes 515 $290,146 65 days
Distressed Homes 31 $195,338 106 days
Multi-Million Dollar Homes 2 $1,850,000 353 days
Newly Built Homes 54 $365,028 103 days
Homes with a Pool 12 $426,399 48 days
Reduced Price Homes 16 $243,343 65 days
Pilot Realty
3207 Churchland Blvd
Chesapeake, VA 23321
757-781-1600
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