The Unshakable Investor

Unshakable ZIP Data 23703 | Portsmouth, VA Housing Market

Portsmouth · Portsmouth City · Virginia Beach-Norfolk-Newport News, VA-NC metro · Virginia · Data updated June 19, 2026

The median sale price in ZIP 23703, Portsmouth, Virginia is $334,901 at $188 per square foot. 116 single-family homes sold in the latest period, up 0.3 percent from a year earlier. Homes sit a median of 33 days on market with 1.8 months of supply. Sellers are getting 99.2 percent of list price and 31.0 percent of homes sold above asking.

Balanced market.

Value anchors

MetricValueYear over year
Average single-family value$325,815
Average price per sq ft$183
Median sale price$334,901
Median sale price per sq ft$188
Median home size1,777 sq ft
Median new listing price$347,033+6.8%
National size rank3,889

Sales activity

MetricValueYear over year
Homes sold116+0.3%
Median days on market33 days
Months of supply1.8 months
New listings124-2.5%
Active listings189-4.3%
Pending sales129-4.7%

Pricing power

MetricValueYear over year
Average sale-to-list ratio99.2%+0.4 pts
Share sold above list31.0%-3.5 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

2-bedroom
$201,079
3-bedroom
$315,838
4-bedroom
$382,605
5-bedroom
$477,617

These figures describe the single-family market for Portsmouth, Virginia ZIP 23703. They are market context, not a substitute for sold comps or a formal appraisal.