Portsmouth, VA—23703
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$310,000
1.2% YoY Growth
Household Income
$75,800
13.8% YoY Growth
Days on Market
33
6.0% Shorter YoY
Home Price Forecast
1.9%
Median Rent
$1,880
1.0% YoY Growth
1-Bed Rent
$1,030
N/A
2-Bed Rent
$1,500
4.8% YoY Growth
3-Bed Rent
$1,900
1.4% YoY Growth
Home Price Trends — Portsmouth, VA
As of Nov '25, the median home price in Portsmouth, VA is $310,000, with a year-over-year change of 1.2%. This indicates that home prices in Portsmouth, VA are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $310,000 | 1.2% |
| Single Family | $313,000 | 1.0% |
| Condos | $273,000 | 1.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |