Portsmouth, VA—23707
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$244,000
0.4% YoY Growth
Household Income
$51,100
13.4% YoY Growth
Days on Market
36
6.0% Shorter YoY
Home Price Forecast
1.6%
Median Rent
$1,450
13.3% YoY Growth
1-Bed Rent
$975
8.3% YoY Growth
2-Bed Rent
$1,150
3.2% YoY Growth
3-Bed Rent
$1,700
15.6% YoY Growth
Home Price Trends — Portsmouth, VA
As of Nov '25, the median home price in Portsmouth, VA is $244,000, with a year-over-year change of -0.4%. This indicates that home prices in Portsmouth, VA are flat. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $244,000 | -0.4% |
| Single Family | $245,000 | -0.8% |
| Condos | $139,000 | 0.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |