Housing Prices in Portsmouth, VA
How much do homes in Portsmouth, VA cost?
Median List Price
$265,000
$174/sqft
Based on all homes listed in April 2024.
Difference Since Last Month
Summary: The median home list price in Portsmouth was $265,000 in April 2024, up 0.9% from the previous month, and the median price per square foot was $174.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $118.5K | $118.5K | 0.0% |
2 Bedrooms | $177.5K | $180K | +1.4% |
3 Bedrooms | $250K | $250.3K | 0.1% |
4 Bedrooms | $300K | $304.9K | +1.6% |
5+ Bedrooms | $340K | $327.5K | -3.7% |
Summary: Portsmouth housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.4%, 3 bedroom homes increased by 0.1%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes decreased by 3.7%.
Median List Price Compared To Nearby Cities
Chesapeake | $429.6K | $436.6K | +1.6% |
Norfolk | $319.9K | $325K | +1.6% |
Portsmouth | $262.5K | $265K | +0.9% |
Housing Supply in Portsmouth, VA
How many homes are available in Portsmouth, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
638 | 737 | +15.5% |
Summary: The Portsmouth real estate market had 737 homes for sale in April 2024, a 15.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 7 | 0.0% |
2 Bedrooms | 100 | 118 | +18.0% |
3 Bedrooms | 317 | 365 | +15.1% |
4 Bedrooms | 183 | 213 | +16.4% |
5+ Bedrooms | 31 | 34 | +9.7% |
Summary: The Portsmouth housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 18%, 3 bedroom homes increased by 15.1%, 4 bedroom homes increased by 16.4%, and 5+ bedroom homes increased by 9.7%.
Days on Market for Portsmouth, VA
How long does it take to sell a home in Portsmouth, VA?
Average Listing Age
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
69 Days | 69 Days | 0.1% |
Summary: Homes in Portsmouth had an average listing age of 69 days in Apr 2024, up by 0.1% compared to the previous month.