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Portsmouth, VA real estate

Compare top Portsmouth real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for October 2026.*


* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Portsmouth real estate Market Report.

Information and statistics on the latest trends in the Portsmouth real estate market. *

Latest Rolling 3-Month Snapshot

Jul 1, 2026 - Sep 30, 2026

Median sale price
$290K
-0.9% from Q2 '26
Median list price
$290K
-1.8% from Q2 '26
Active listings
841
-0.5% from Q2 '26
Homes sold
433
-9.8% from Q2 '26
New pendings
463
-13% from Q2 '26
New listings
512
-5% from Q2 '26

Quarterly Pricing Trends for Portsmouth

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Portsmouth Q4 '21 Q4 '22 Q4 '23 Q4 '24 Q4 '25 Q3 '26 Median sale price in Oct 2021 - Dec 2021: $220K Median sale price in Jan 2022 - Mar 2022: $229K Median sale price in Apr 2022 - Jun 2022: $236K Median sale price in Jul 2022 - Sep 2022: $240K Median sale price in Oct 2022 - Dec 2022: $240K Median sale price in Jan 2023 - Mar 2023: $230K Median sale price in Apr 2023 - Jun 2023: $248K Median sale price in Jul 2023 - Sep 2023: $258K Median sale price in Oct 2023 - Dec 2023: $247K Median sale price in Jan 2024 - Mar 2024: $252K Median sale price in Apr 2024 - Jun 2024: $260K Median sale price in Jul 2024 - Sep 2024: $267K Median sale price in Oct 2024 - Dec 2024: $265K Median sale price in Jan 2025 - Mar 2025: $269K Median sale price in Apr 2025 - Jun 2025: $270K Median sale price in Jul 2025 - Sep 2025: $275K Median sale price in Oct 2025 - Dec 2025: $270K Median sale price in Jan 2026 - Mar 2026: $275K Median sale price in Apr 2026 - Jun 2026: $293K Median sale price in Jul 2026 - Sep 2026: $290K Median list price in Oct 2021 - Dec 2021: $225K Median list price in Jan 2022 - Mar 2022: $240K Median list price in Apr 2022 - Jun 2022: $240K Median list price in Jul 2022 - Sep 2022: $230K Median list price in Oct 2022 - Dec 2022: $230K Median list price in Jan 2023 - Mar 2023: $235K Median list price in Apr 2023 - Jun 2023: $255K Median list price in Jul 2023 - Sep 2023: $250K Median list price in Oct 2023 - Dec 2023: $250K Median list price in Jan 2024 - Mar 2024: $250K Median list price in Apr 2024 - Jun 2024: $269K Median list price in Jul 2024 - Sep 2024: $260K Median list price in Oct 2024 - Dec 2024: $275K Median list price in Jan 2025 - Mar 2025: $270K Median list price in Apr 2025 - Jun 2025: $270K Median list price in Jul 2025 - Sep 2025: $270K Median list price in Oct 2025 - Dec 2025: $280K Median list price in Jan 2026 - Mar 2026: $280K Median list price in Apr 2026 - Jun 2026: $295K Median list price in Jul 2026 - Sep 2026: $290K Oct 2021 - Dec 2021 Median sale price $220K Median list price $225K Jan 2022 - Mar 2022 Median sale price $229K Median list price $240K Apr 2022 - Jun 2022 Median sale price $236K Median list price $240K Jul 2022 - Sep 2022 Median sale price $240K Median list price $230K Oct 2022 - Dec 2022 Median sale price $240K Median list price $230K Jan 2023 - Mar 2023 Median sale price $230K Median list price $235K Apr 2023 - Jun 2023 Median sale price $248K Median list price $255K Jul 2023 - Sep 2023 Median sale price $258K Median list price $250K Oct 2023 - Dec 2023 Median sale price $247K Median list price $250K Jan 2024 - Mar 2024 Median sale price $252K Median list price $250K Apr 2024 - Jun 2024 Median sale price $260K Median list price $269K Jul 2024 - Sep 2024 Median sale price $267K Median list price $260K Oct 2024 - Dec 2024 Median sale price $265K Median list price $275K Jan 2025 - Mar 2025 Median sale price $269K Median list price $270K Apr 2025 - Jun 2025 Median sale price $270K Median list price $270K Jul 2025 - Sep 2025 Median sale price $275K Median list price $270K Oct 2025 - Dec 2025 Median sale price $270K Median list price $280K Jan 2026 - Mar 2026 Median sale price $275K Median list price $280K Apr 2026 - Jun 2026 Median sale price $293K Median list price $295K Jul 2026 - Sep 2026 Median sale price $290K Median list price $290K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
18
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Jul 2026 - Sep 2026).

Portsmouth is currently tilted toward sellers, with the market gauge indicating a seller’s market. Months of supply sit at 2.4, well below the 5 to 6 months often associated with a balanced market. Active listings have also dipped nearly 5 percent year over year, keeping options relatively limited for buyers.

Prices over the latest rolling three-month period have moved higher compared with a year ago, even as short-term changes show a bit of cooling. The typical home value is up about 5 percent year over year, and the median list price has climbed more than 7 percent over the same span, showing that selling prices and asking prices are both higher than last year. At the same time, homes sold have fallen more than 6 percent year over year and pending sales are down over 7 percent, pointing to somewhat softer overall activity.

Conditions on the ground still move quickly for many properties. Typical homes spend 33 days on the market, and more than 45 percent go off-market in two weeks, while about 38 percent of recent sales closed above list price and the average sale-to-list ratio sits right at 100 percent. Yet median days on market are slightly lower than a year ago, even as months of supply have eased from the tighter levels seen in 2023. Whether you are trying to stand out as a buyer or maximize your position as a seller, Agent Pronto can connect you with an agent who understands these Portsmouth trends.



Learn more about what Portsmouth has to offer.

Portsmouth offers residents a welcoming coastal city with rich history, vibrant neighborhoods, ample parks and waterfront access, and growing opportunities in culture, education, and employment.

Portsmouth stands apart from nearby Norfolk and Chesapeake with its intimate scale, walkable historic core, and deep maritime roots along the Elizabeth River. Brick streets and preserved architecture around Olde Towne give the city a distinctive sense of place that residents defend and celebrate.

Life here often centers on the waterfront. Families visit Ocean View Beach Park across the river or spend weekends at Portsmouth City Park, with its boat ramp, disc golf, and playgrounds. Cultural anchors like the Children’s Museum of Virginia and the Lightship Portsmouth Museum reflect a city that values history and hands-on learning.

Portsmouth’s neighborhoods range from historic districts near the Downtown Norfolk ferry to quieter pockets buffered from regional traffic. Local staples such as MoMac Brewing Company and the Commodore Theatre create regular gathering spots, while the public system anchored by IC Norcom High School supports long-time residents and new arrivals alike.

With tunnel projects, base activity, and regional growth shaping demand, timing and preparation are critical for anyone entering the Portsmouth market. Whether you are listing a long‑held family home or hoping to secure a property close to the waterfront and ferry, having a knowledgeable guide can make all the difference. Agent Pronto connects buyers and sellers with the right real estate agent so they can move forward in Portsmouth with confidence.

Find your Portsmouth real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“Highly responsive - from initial request to closing was about five weeks, 5 weeks and I'm sitting in my new home writing this review! William was friendly, helpful and flexible. Not only did he show up on time and get back to me on my home searches quickly, he answered my questions on time and actually, in a thoughtful way, I could tell he cared for my well being when choosing a new home. I would absolutely recommend William Mallory, we will definitely be using him again in the future!”

Keith Tuggle · Portsmouth, VA

Photo of William Mallory
Iron Valley Real Estate
“Sara Andrews Hart is a professional realestate agent who deeply cares about her clients and works tirelessly on their behalf. Communication is an exceptionally strong suit as realestate transactions are multifaceted and can be complicated. She navigates challenges that arise and has a plethora of resources to handle them; therefore, allievating much stress for home sellers. She is highly recommended.”

Sandra · Virginia Beach, VA

Photo of Sara Andrews Hartz
The Real Estate Group
“Professional and easy to work with”

Herb Cross · Chesapeake, VA

Photo of Wanda Harris
OWN Real Estate, LLC
“Debbie has great local knowledge and can recommend great people for services for your home. She has a great personality and we enjoyed spending time with her. She is definitely on your side with negotiations and contracts. She knows her stuff!! Highly recommend.”

Thomas & Karen Sweeney · Chesapeake, VA

DM
The Real Estate Group
“Harvey Raffensperger at Iron Valley Real Estate was fantastic. We sold our home in Hampton in under three months, and honestly the whole process was way less painful than I expected. Harvey knows the local market well, kept us in the loop throughout, and was always easy to reach. The real test came when we ran into a really difficult buying agent — Harvey handled it calmly and professionally and kept everything from falling apart. We barely even felt the turbulence. If you're selling in the Hampton area, I'd go with Harvey without hesitation. Just a solid, trustworthy agent who gets the job done.”

Anita · Hampton, VA

Photo of Harvey Raffensperger
Iron Valley Real Estate Prestige
“As a first-time homebuyer, working with Catherine was an amazing experience from start to finish. She was incredibly patient, knowledgeable, and always took the time to explain each step of the process in a way that made everything feel manageable and stress-free. Catherine was always responsive, professional, and truly had our best interests at heart. She made what could have been an overwhelming experience feel exciting and smooth. We couldn't have asked for a better person to guide us through our first home purchase and would highly recommend her to anyone-especially first-time buyers.”

Catherine Melendez M. · Chesapeake, VA

Photo of Catherine Kowalsky
Berkshire Hathaway BHHS RW Towne Realty
“Our realtor Jessica Estrada is top-notch - she goes above and beyond in everything she does. She showed up numerous times to help our property be ready to sell and did whatever it took. Our house sold within two months due to her ads and persistence. Because of her, our house closed on time. She is knowledgeable, experienced, professional, and teaches others in her group. We are so thankful for Jessica.”

Elizabeth I. · Suffolk, VA

Photo of Jessica Estrada
Iron Valley Real Estate
“Debbie Martin is such a wonderful person. Very knowledgeable in her field. She has such a strong community of friends that she can reach out to for advice for repairs. I would strongly recommend her to anyone who is looking to purchase a home.”

David J. · Gloucester, VA

Photo of Debbie Martin
NextHome Coast to Country Real Estate
“Deb Kelly did a fantastic job!”

Jeannine L. · Hampton, VA

Photo of THE KELLY TEAM
RE/MAX CAPITAL
“Kimberly and Holly were very personable and professional. They were very informative. They guided us through this cumbersome and tedious process. They both were great to work with and kept us abreast with what we needed to do to sell our home. We are most grateful to work with them. They know what it takes to sell a house!”

Derald E P. · Newport News, VA

Photo of Kimberly Plourde
EXIT Realty Central
“Mark was a great person to work with. I found him to have a high level of integrity and I would not hesitate to recommend Mark or use him again if conditions warranted. Mark was a pleasure to work with and I feel that he placed my requirements above his, a wonderful representation of a professional realtor and individual. Highly recommended!!”

Edward M A. · Chesapeake, VA

Photo of Mark Spear
A BETTER WAY REALTY
“Because I was trying to do a long distance short sale, I needed someone who really knew what they were doing. I was given the name and number of Colin. He took on the challenge and a little over two years later, we finally closed. If you have done a short sale before, it is a very trying ordeal! Colin took good care of the house, had repairs done, and always had clients waiting in line with a new contract. I believe it was the 5th contract and a lot of patience that got us to closing.”

Denise W. · Norfolk, VA

Photo of Collin McDowell
eXp Realty LLc

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Portsmouth. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.