Portsmouth, VA Housing Market
The median sale price of a home in Portsmouth was $260K last month, down 1.9% since last year. The median sale price per square foot in Portsmouth is $183, up 5.2% since last year.
Portsmouth Housing Market Trends
In August 2025, Portsmouth home prices were down 1.9% compared to last year, selling for a median price of $260K. On average, homes in Portsmouth sell after 41 days on the market compared to 30 days last year. There were 139 homes sold in August this year, down from 149 last year.

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Recently sold homes
- $435,000 Last Sold Price4 beds2.5 baths2,768 sq ft2 Watch Water Close, Portsmouth, VA 23703List Price$435,000Sale to List0% over listDays on Market83 days2 Watch Water Close, Portsmouth, VA 23703
- $287,000 Last Sold Price3 beds2 baths1,346 sq ft4431 Winchester Dr, Portsmouth, VA 23707List Price$275,000Sale to List4% over listDays on Market26 days4431 Winchester Dr, Portsmouth, VA 23707
- $370,800 Last Sold Price4 beds2.5 baths2,110 sq ft5950 Knightsbridge Way, Portsmouth, VA 23703List Price$360,000Sale to List3% over listDays on Market122 days5950 Knightsbridge Way, Portsmouth, VA 23703
- $340,000 Last Sold Price3 beds2.5 baths2,184 sq ft616 Normandy St, Portsmouth, VA 23701List Price$344,700Sale to List1% under listDays on Market88 days616 Normandy St, Portsmouth, VA 23701
- $310,000 Last Sold Price3 beds1.5 baths1,554 sq ft830 Melvin Dr, Portsmouth, VA 23701List Price$299,000Sale to List4% over listDays on Market39 days830 Melvin Dr, Portsmouth, VA 23701
- $105,000 Last Sold Price2 beds1 bath714 sq ft3405 Woodstock St, Portsmouth, VA 23701List Price$114,900Sale to List9% under listDays on Market41 days3405 Woodstock St, Portsmouth, VA 23701
- $190,000 Last Sold Price2 beds2.5 baths1,265 sq ft3826 Occoquan River Reach Unit A, Portsmouth, VA 23703List Price$189,900Sale to List0% over listDays on Market57 days3826 Occoquan River Reach Unit A, Portsmouth, VA 23703
- $315,000 Last Sold Price4 beds2.5 baths2,100 sq ft2703 Chicago Ave, Portsmouth, VA 23704List Price$319,000Sale to List1% under listDays on Market37 days2703 Chicago Ave, Portsmouth, VA 23704
See all recently sold homes in Portsmouth.
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Schools in Portsmouth
- Elementary
- Middle
- High
GreatSchools Rating
8/10 W.H. Taylor Elementary School Public • PreK-5 | 341 Students | 13 reviews |
8/10 Southwestern Elementary School Public • PreK-5 | 544 Students | 15 reviews |
7/10 Larchmont Elementary School Public • PreK-5 | 471 Students | 16 reviews |
7/10 Churchland Primary & Intermediate School Public • K-6 | 541 Students | 3 reviews |
7/10 Northern Shores Elementary School Public • PreK-5 | 822 Students | 10 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 - Major
Flood Factor

Fire Factor - Moderate
Fire Factor

Wind Factor - Severe
Wind Factor

Wind likelihood over time
Heat Factor - Extreme
Heat Factor

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