Portsmouth, VA—23702
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$219,000
2.6% YoY Growth
Household Income
$48,300
21.0% YoY Growth
Days on Market
34
9.0% Longer YoY
Home Price Forecast
1.8%
Median Rent
$1,500
2.5% YoY Growth
1-Bed Rent
$950
7.9% YoY Growth
2-Bed Rent
$1,200
7.3% YoY Growth
3-Bed Rent
$1,600
1.2% YoY Growth
Home Price Trends — Portsmouth, VA
As of Nov '25, the median home price in Portsmouth, VA is $219,000, with a year-over-year change of -2.6%. This indicates that home prices in Portsmouth, VA are decreasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $219,000 | -2.6% |
| Single Family | $219,000 | -3.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |