Portsmouth, RI Housing Market
The Portsmouth housing market is somewhat competitive. The median sale price of a home in Portsmouth was $804K last month, up 6.2% since last year. The median sale price per square foot in Portsmouth is $412, up 19.4% since last year.
Portsmouth Housing Market Trends
In April 2024, Portsmouth home prices were up 6.2% compared to last year, selling for a median price of $804K. On average, homes in Portsmouth sell after 68 days on the market compared to 44 days last year. There were 15 homes sold in April this year, down from 20 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Portsmouth housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 2% below list price and go pending in around 37 days.
- Hot homescan sell for about 2% above list price and go pending in around 7 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 2% below list price and go pending in around 40 days.
- Hot homescan sell for about 1% above list price and go pending in around 12 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% above list price and go pending in around 25 days.
- Hot homescan sell for about 6% above list price and go pending in around 7 days.
Portsmouth Migration & Relocation Trends
- Across the nation, 2% of homebuyers searched to move into Portsmouth from outside metros.
- New York homebuyers searched to move into Portsmouth more than any other metro followed by Hartford and San Francisco.
- 82% of Portsmouth homebuyers searched to stay within the Portsmouth metropolitan area.
- Portland was the most popular destination among Portsmouth homebuyers followed by Miami and Lebanon.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 3,037 | ||
2 | 1,440 | ||
3 | 381 | ||
4 | 298 | ||
5 | 198 | ||
6 | 140 | ||
7 | 128 | ||
8 | 17 | ||
9 | 12 | ||
10 | 8 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 3,083 | ||
2 | 1,620 | ||
3 | 1,584 | ||
4 | 983 | ||
5 | 954 | ||
6 | 888 | ||
7 | 785 | ||
8 | 663 | ||
9 | 360 | ||
10 | 346 |
Home offer insights for Portsmouth
Recent offers
View houses in Portsmouth that sold recently
Recently sold homes
- $130,000 Last Sold Price—beds—baths—sq ft088 Ross Ln, Portsmouth, RI 02872List Price$174,000Sale to List25% under listDays on Market332 days088 Ross Ln, Portsmouth, RI 02872
- $442,300 Last Sold Price2 beds2.5 baths1,355 sq ft117 Rolling Hill Rd #117, Portsmouth, RI 02871List Price$439,900Sale to List1% over listDays on Market87 days117 Rolling Hill Rd #117, Portsmouth, RI 02871
- $385,000 Last Sold Price2 beds1 bath924 sq ft202 Old Mill Ln, Portsmouth, RI 02871List Price$375,000Sale to List3% over listDays on Market12 days202 Old Mill Ln, Portsmouth, RI 02871
- $777,900 Last Sold Price3 beds2 baths2,312 sq ft139 Belmont Dr, Portsmouth, RI 02871List Price$725,000Sale to List7% over listDays on Market32 days139 Belmont Dr, Portsmouth, RI 02871
- $416,000 Last Sold Price2 beds1 bath924 sq ft18 Butts St, Portsmouth, RI 02871List Price$389,500Sale to List7% over listDays on Market36 days18 Butts St, Portsmouth, RI 02871
- $465,000 Last Sold Price3 beds1 bath960 sq ft29 Birchwood Dr, Portsmouth, RI 02871List Price$475,000Sale to List2% under listDays on Market43 days29 Birchwood Dr, Portsmouth, RI 02871
- $491,300 Last Sold Price1 bed2 baths1,445 sq ft1 Tower Dr #205, Portsmouth, RI 02871List Price$534,650Sale to List8% under listDays on Market227 days1 Tower Dr #205, Portsmouth, RI 02871
- $2,000,000 Last Sold Price4 beds2 baths2,176 sq ft5 Seaconnet Ave, Portsmouth, RI 02871List Price$2,195,000Sale to List9% under listDays on Market106 days5 Seaconnet Ave, Portsmouth, RI 02871
See all recently sold homes in Portsmouth.
See listings
Schools in Portsmouth
- Elementary
- Middle
- High
GreatSchools Rating
10/10 Howard Hathaway School Public • K-4 | 416 Students | 6 reviews |
9/10 Melville School Public • PreK-4 | 335 Students | 7 reviews |
8/10 Portsmouth Middle School Public • 5-8 | 650 Students | 8 reviews |
8/10 Joseph H. Gaudet School Public • 5-8 | 619 Students | 12 reviews |
6/10 Fort Barton School Public • K-4 | 208 Students | 1 reviews |
Climate's impact on Portsmouth housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Portsmouth.
Flood Factor - Moderate
Flood Factor
Fire Factor - Minor
Fire Factor
Wind Factor - Severe
Wind Factor
Wind likelihood over time
Heat Factor - Major
Heat Factor
Transportation in Portsmouth
More real estate resources for Portsmouth
New Listings in Portsmouth
Neighborhood Housing Markets
Nearby City Housing Markets
Zip Code Housing Markets
Neighborhood Listings
Nearby City Listings
Zip Code Listings
About us
Find us
Subsidiaries
Copyright: © 2024 Redfin. All rights reserved.
Updated January 2023: By searching, you agree to the Terms of Use, and Privacy Policy.
Do not sell or share my personal information.
REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.
California DRE #01521930
Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures
New Mexico Real Estate Licenses
TREC: Info About Brokerage Services, Consumer Protection Notice
If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.
REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.