House Prices

House Prices & Home Values Portsmouth, VA 2026


Average Data

average house price$181,029
average size per house1464 ft²
average price per ft²124 $ / ft²

02/06/2026 - The value range (VR) for house prices in Portsmouth, VA is $108/ sqft to $129/ sqft. An average home with 1464 sqft costs approximately $158,112 to $188,856. Portsmouth, VA includes 7 ZIP codes and it is located in Portsmouth county. The lowest prices are found in ZIP 23707, while the highest are in ZIP 23704. The average price per sqare feet is $124. Our analysis is based on 46 property listings.

Avergage prices by ZIP codes Portsmouth

23701131 $ / ft²
23702122 $ / ft²
23703118 $ / ft²
23704123 $ / ft²
23707118 $ / ft²
23708105 $ / ft²
23709118 $ / ft²




Historical development of home values in Portsmouth

Year Estimated value (USD) Change vs. 2025
2010 $84,073 -53.6%
2011 $80,822 -55.4%
2012 $80,604 -55.5%
2013 $83,617 -53.8%
2014 $87,775 -51.5%
2015 $92,280 -49.0%
2016 $97,096 -46.4%
2017 $102,336 -43.5%
2018 $107,994 -40.3%
2019 $113,002 -37.6%
2020 $118,843 -34.4%
2021 $135,171 -25.3%
2022 $157,580 -13.0%
2023 $166,175 -8.2%
2024 $175,788 -2.9%
2025 $181,029 0.0%

Graph: estimated home values in Portsmouth over time (USD)



Example: 100% financing house in Portsmouth

Loan amount: $181,029

Interest rate: 6.00%

Fixed monthly payment: $1,085.36

Breakdown in the 1st month:
Interest portion: $905.15  –  Principal portion: $180.22

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $10,801.27 $2,223.06 $178,805.94
2 $10,664.15 $2,360.17 $176,445.77
3 $10,518.58 $2,505.74 $173,940.03
4 $10,364.03 $2,660.29 $171,279.74
5 $10,199.95 $2,824.37 $168,455.37
6 $10,025.75 $2,998.57 $165,456.80
7 $9,840.81 $3,183.52 $162,273.28
8 $9,644.45 $3,379.87 $158,893.42
9 $9,435.99 $3,588.33 $155,305.08
10 $9,214.67 $3,809.65 $151,495.43
11 $8,979.70 $4,044.62 $147,450.81
12 $8,730.24 $4,294.09 $143,156.72
13 $8,465.39 $4,558.94 $138,597.78
14 $8,184.20 $4,840.12 $133,757.66
15 $7,885.67 $5,138.65 $128,619.01
16 $7,568.73 $5,455.59 $123,163.42
17 $7,232.24 $5,792.08 $117,371.34
18 $6,875.00 $6,149.32 $111,222.02
19 $6,495.72 $6,528.60 $104,693.42
20 $6,093.06 $6,931.27 $97,762.15
21 $5,665.55 $7,358.77 $90,403.38
22 $5,211.68 $7,812.65 $82,590.73
23 $4,729.81 $8,294.51 $74,296.22
24 $4,218.22 $8,806.10 $65,490.11
25 $3,675.08 $9,349.24 $56,140.87
26 $3,098.44 $9,925.88 $46,214.99
27 $2,486.23 $10,538.09 $35,676.90
28 $1,836.27 $11,188.06 $24,488.84
29 $1,146.21 $11,878.11 $12,610.73
30 $413.60 $12,610.73 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Portsmouth, VA


1500 sqft3900 sqft
Ø selling price$225,061$478,765
Ø fast selling$204,601$430,888
Ø high price sale$245,521$526,641

In 2026, houses in Portsmouth, VA will be offered at an average price of $124 per square foot. A 1,500 sqft home priced at $225,061 is 25.09% more expensive per square foot than a 3,900 sqft home priced at $478,765. Home prices in Portsmouth, VA vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $331,452. Sellers who can wait longer may achieve a higher price of up to $405,109.


Portsmouth, VA Travel and Living Guide

Historic Waterfront Charm

Portsmouth, VA blends historic character with a vibrant waterfront along the Elizabeth River in the heart of Hampton Roads.
Strolling through Olde Towne reveals 18th and 19th century homes, brick sidewalks, and murals that showcase the city?s maritime past.
The iconic Portsmouth Naval Shipyard Museum and Lightship Portsmouth illuminate the city?s deep ties to shipbuilding and the U.S. Navy.

Things to Do and Places to Eat

Popular things to do in Portsmouth, VA include catching a film at the restored Commodore Theatre and touring the Children?s Museum of Virginia.
Foodies enjoy locally owned restaurants in Portsmouth, Virginia, waterfront seafood spots, and craft beer, all within a walkable downtown.
For easy regional access, visitors can ride the Elizabeth River Ferry to Norfolk or launch kayaks to explore scenic coves.

Neighborhoods, Real Estate, and Access

Neighborhoods like Olde Towne, Port Norfolk, and Churchland offer a range of housing options, from historic cottages to modern riverfront condos.
Homebuyers appreciate comparatively attainable real estate prices and proximity to major employers, hospitals, and naval installations.
Annual events, live music, and art walks create a friendly small-city vibe that appeals to families, young professionals, and retirees.
Whether you?re planning a weekend getaway or a move, Portsmouth, VA delivers coastal charm, cultural attractions, and convenient connectivity.



FAQ – Home Values in Portsmouth

What is the median home value in Portsmouth in 2026?

In 2026, the typical home value in Portsmouth is about $181,029 for an average home size of 1464 square feet. This corresponds to an average price of roughly $124 per square foot.

What is the average cost per square foot in Portsmouth?

In 2026, homes in Portsmouth sell for an average of around $124 per square foot, with a typical range between $108 and $129 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Portsmouth is about 1464 square feet, with an estimated 2026 value around $181,029.



Locations close to Portsmouth, VA

Fort Lee, VA138 $ / ft²
Petersburg, VA134 $ / ft²
Virginia State University, VA122 $ / ft²
Seaford, VA163 $ / ft²
Yorktown, VA182 $ / ft²
Poquoson, VA143 $ / ft²
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