The Unshakable Investor

Unshakable ZIP Data 23704 | 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 23704, Portsmouth, Virginia is $269,920 at $170 per square foot. 106 single-family homes sold in the latest period, up 15.3 percent from a year earlier. Homes sit a median of 39 days on market with 2.2 months of supply. Sellers are getting 97.0 percent of list price and 26.2 percent of homes sold above asking.

Balanced market.

Value anchors

MetricValueYear over year
Average single-family value$243,504
Average price per sq ft$153
Median sale price$269,920
Median sale price per sq ft$170
Median home size1,592 sq ft
Median new listing price$262,754+5.1%
National size rank6,103

Sales activity

MetricValueYear over year
Homes sold106+15.3%
Median days on market39 days
Months of supply2.2 months
New listings120-7.1%
Active listings200+5.0%
Pending sales138+37.9%

Pricing power

MetricValueYear over year
Average sale-to-list ratio97.0%-2.8 pts
Share sold above list26.2%-10.7 pts

Bedroom value anchors

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

1-bedroom
$143,757
2-bedroom
$186,705
3-bedroom
$253,717
4-bedroom
$305,051
5-bedroom
$340,209

These figures describe the single-family market for Portsmouth, Virginia ZIP 23704. They are market context, not a substitute for sold comps or a formal appraisal.