The Olde Towne housing market is somewhat competitive. The median sale price of a home in Olde Towne was $349K last month, up 42.4% since last year. The median sale price per square foot in Olde Towne is $161, up 2.9% since last year.
What is the housing market like in Olde Towne today?
In March 2024, Olde Towne home prices were up 42.4% compared to last year, selling for a median price of $349K. On average, homes in Olde Towne sell after 72 days on the market compared to 99 days last year. There were 9 homes sold in March this year, down from 11 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$349,000
+42.4% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Olde Towne, VA
$349,000
+42.4%
United States
To compare other locations to the Olde Towne and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Portsmouth add value to a home.
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How hot is the Olde Towne housing market?
Olde Towne is somewhat competitive. Homes sell in 37 days.
0
100
56
Somewhat Competitive
Redfin Compete Score™
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 12 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 37 days.
Hot homes
can sell for around list price and go pending in around 22 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Olde Towne housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Olde Towne.
Risk Factor
Flood Factor - Extreme
100% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Olde Towne has an extreme risk of flooding. 655 properties in Olde Towne are likely to be
severely affected
by flooding over the next 30 years. This represents 100% of all properties in Olde Towne. Flood risk is increasing slower than the national average.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Olde Towne has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Olde Towne is most at risk from hurricanes. 716 properties in Olde Towne have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 123 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 140 mph.