Portsmouth, RI Housing Market
The Portsmouth housing market is somewhat competitive. The median sale price of a home in Portsmouth was $635K last month, down 2.2% since last year. The median sale price per square foot in Portsmouth is $343, up 12.8% since last year.
Portsmouth Housing Market Trends
In March 2024, Portsmouth home prices were down 2.2% compared to last year, selling for a median price of $635K. On average, homes in Portsmouth sell after 48 days on the market compared to 38 days last year. There were 31 homes sold in March this year, up from 17 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 3% below list price and go pending in around 47 days.
- Hot homescan sell for around list price and go pending in around 18 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 3% below list price and go pending in around 50 days.
- Hot homescan sell for around list price and go pending in around 24 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 1% above list price and go pending in around 37 days.
- Hot homescan sell for about 3% above list price and go pending in around 21 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 Lebanon and Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 2,367 | ||
2 | 1,280 | ||
3 | 400 | ||
4 | 312 | ||
5 | 131 | ||
6 | 108 | ||
7 | 105 | ||
8 | 28 | ||
9 | 17 | ||
10 | 8 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 3,041 | ||
2 | 1,853 | ||
3 | 1,807 | ||
4 | 1,019 | ||
5 | 995 | ||
6 | 895 | ||
7 | 753 | ||
8 | 664 | ||
9 | 394 | ||
10 | 347 |
Home offer insights for Portsmouth
Recent offers
View houses in Portsmouth that sold recently
Recently sold homes
- $1,585,000 Last Sold Price4 beds2.5 baths3,552 sq ft196 Cromwell Dr, Portsmouth, RI 02871List Price$1,585,000Sale to List0% over listDays on Market44 days196 Cromwell Dr, Portsmouth, RI 02871
- $815,000 Last Sold Price2 beds2 baths1,976 sq ft30 Stony Brook Ln, Portsmouth, RI 02871List Price$799,000Sale to List2% over listDays on Market50 days30 Stony Brook Ln, Portsmouth, RI 02871
- $410,000 Last Sold Price3 beds1.5 baths1,488 sq ft2355 West Main Rd, Portsmouth, RI 02871List Price$399,000Sale to List3% over listDays on Market71 days2355 West Main Rd, Portsmouth, RI 02871
- $550,000 Last Sold Price3 beds1 bath1,194 sq ft23 Birch St, Portsmouth, RI 02871List Price$550,000Sale to List0% over listDays on Market0 days23 Birch St, Portsmouth, RI 02871
- $380,000 Last Sold Price3 beds1 bath964 sq ft469 Bristol Ferry Rd, Portsmouth, RI 02871List Price$399,000Sale to List5% under listDays on Market66 days469 Bristol Ferry Rd, Portsmouth, RI 02871
- $765,000 Last Sold Price3 beds3 baths2,421 sq ft12 Corys Ct, Portsmouth, RI 02871List Price$749,000Sale to List2% over listDays on Market57 days12 Corys Ct, Portsmouth, RI 02871
- $1,125,000 Last Sold Price3 beds3.5 baths3,983 sq ft160 Cromwell Dr, Portsmouth, RI 02871List Price$1,064,000Sale to List6% over listDays on Market30 days160 Cromwell Dr, Portsmouth, RI 02871
- $3,910,000 Last Sold Price5 beds5 baths6,414 sq ft110 Farmlands Dr, Portsmouth, RI 02871List Price$3,995,000Sale to List2% under listDays on Market173 days110 Farmlands Dr, Portsmouth, RI 02871
See all recently sold homes in Portsmouth.
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Schools in Portsmouth
- Elementary
- Middle
- High
GreatSchools Rating
8/10 Fort Barton School Public • K-4 | 207 Students | 1 reviews |
8/10 Melville School Public • PreK-4 | 333 Students | 7 reviews |
7/10 Howard Hathaway School Public • K-4 | 443 Students | 6 reviews |
7/10 Portsmouth Middle School Public • 5-8 | 718 Students | 8 reviews |
6/10 Joseph H. Gaudet School Public • 5-8 | 668 Students | 11 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
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