Portsmouth, OH—45662
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Portsmouth, OH
As of Oct '25, the median home price in Portsmouth, OH is $96,000, with a year-over-year change of 0.8%. This indicates that home prices in Portsmouth, OH are flat. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $96,000 | 0.8% |
| Single Family | $96,000 | 1.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $47,000 | -9.6% |
2 Bed | $71,000 | -2.7% |
3 Bed | $116,000 | 3.6% |
4 Bed | $152,000 | 6.3% |
| 5 Bed | $220,000 | 5.3% |
% of Housing Stock
Rental Trends — Portsmouth, OH
As of July '25, Rentcast reports the average rent in Portsmouth, OH is $1,210, with a year-over-year rent change of -23.9%. Per bedroom, the median rent as of July '25 in Portsmouth, OH is 2-bedrooms: $1,700, 3-bedrooms: $848. The most common rental property sizes in Portsmouth, OH are 2-bedroom and 3-bedroom, accounting for 44.0% and 24.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,040 | $1,210 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,500 | $1,700 |
| 3 Bed Rent | $750 | $848 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Portsmouth, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Portsmouth, OH is 40. This is a decrease of -3.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $167,000 | 25.0% |
Listing Count | 81 | 3.0% |
| Listings as % of Homes | 0.3% | 3.0% |
Days on Market | 40 | -3.0% |
Demographics — Portsmouth, OH
As of the latest ACS Survey released in 2023, Portsmouth, OH has a population of 27,000, which has decreased by -11.0% over the past 5 years. Portsmouth, OH is a moderately popular place for families, as children make up 21.2% of the population. The area has a poorly educated workforce, with 17.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 27,000 | -11.0% |
% Under 18 | 21.2% | -2.8% |
% Seniors | 19.6% | 16.0% |
% WFH | 5.0% | 127.3% |
% w/ College Degree | 17.0% | 21.4% |
As of the latest ACS Survey released in 2023, Portsmouth, OH is a predominantly white area, with 88.2% of the population identifying as white. The white population has shrunk by 2.4% in the last 5 years. The second most common race or ethnicity in Portsmouth, OH is black, making up 3.2% of the population. Foreign-born residents account for 1.4% of the population in Portsmouth, OH, and this percentage has increased by 7.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 88.2% | -2.4% |
% Black | 3.2% | -17.9% |
% Hispanic | 2.5% | 0.0% |
% Asian | 0.9% | 50.0% |
% Foreign Born | 1.4% | 7.7% |
Mortgage and Risk — Portsmouth, OH
According to HUD data as of 2023, there were 259 mortgage originations in Portsmouth, OH, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Portsmouth, OH. Investor activity is low, as 3.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 259 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Portsmouth, OH
Portsmouth, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1,700 |
Total Units Section 8 | 1,236 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 91.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $760 |
| 2 Bedroom | -$620 | $1,500 | $880 |
| 3 Bedroom | $470 | $750 | $1,220 |
| 4 Bedroom | N/A | N/A | $1,380 |
Affordability — Portsmouth, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $96,000 |
| Median Household Income | $37,300 |