Portsmouth, VA Real Estate Market Summary – September 8, 2026

In Portsmouth, VA, a total of 19 homes traded hands over the last 30 days, reflecting a pace of approximately 1 every 1.58 days. The average living area of these homes was about 1,436 square feet, with an average sale price of $171,806.

Metric 30 Days
Number Sold 19
Sold Per Day 1 every 1.58 days
Average SQFT 1436
Median Sales Price $145,000
Average Sales Price $171,806
Average Price Per SQFT $131
Average Days on Market 27
Average Year Built 1954

 

Portsmouth, VA Single Family Home Analysis

For single-family homes, 18 properties were sold during this period, averaging 1,415 square feet in size. The average sale price for these homes was approximately $163,573.

Metric 30 Days
Number Sold 18
Sold Per Day 1 every 1.67 days
Average SQFT 1415
Median Sales Price $142,500
Average Sales Price $163,573
Average Price Per SQFT $129
Average Days on Market 26
Average Year Built 1951

 

Portsmouth, VA Condo & Townhome Analysis

There was 1 condo or townhome sold, offering a living area of 1,820 square feet and a sale price of $320,000.

Metric 30 Days
Number Sold 1
Sold Per Day 1 every 30.00 days
Average SQFT 1820
Median Sales Price $320,000
Average Sales Price $320,000
Average Price Per SQFT $176
Average Days on Market 30
Average Year Built 2000

 

Buyer & Seller Analysis

  • Pace of home transactions is 1 every 1.58 days.
  • Average days on market before sale is approximately 27 days.
  • The average price per square foot for homes is $131.
  • The state does not disclose sale prices.

Conclusion

The Portsmouth real estate market exhibits consistent activity in home sales, particularly in the single-family segment. The metrics indicate a stable environment for current and prospective stakeholders.

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