Active Listings
60
⇩ 23.1% vs 78 last year
Cedar Point · Elizabeth Acres · Green Lakes · Lamper Place · Manor View · Mayflower Park · Pine Acres · Portsmouth Acres · West Park Homes · West Park Manor
Data as of February 2026. Source: Realtor.com.
The PORTSMOUTH, VA real estate market (23701) currently shows 60 active listings, with 1 pending sales. Homes are averaging 36 days on the market before going under contract.
Inventory has tightened compared to last year, with 18 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 36 days on market compared to 35 days last year.
The median listing price has risen 0.4% year-over-year, from $258,949 to $260,000.
Whether you are buying or selling in PORTSMOUTH, VA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 24,850 · Density: 1,242.7/mi² · Median household income: $61,961
Typical home value: $200,471 · Homeownership: 64.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 23701 | Portsmouth, VA 23701 | 0.0 mi | 61 | $16,629,027 | $265,000 | $272,607 |
| 23707 | Portsmouth, VA 23707 | 2.7 mi | 43 | $12,878,973 | $285,000 | $299,511 |
| 23704 | Portsmouth, VA 23704 | 3.3 mi | 67 | $16,890,700 | $259,900 | $252,100 |
| 23510 | Norfolk, VA 23510 | 5.1 mi | 40 | $16,822,480 | $327,250 | $420,562 |
| 23324 | Chesapeake, VA 23324 | 5.3 mi | 55 | $16,439,995 | $290,000 | $298,909 |
| 23517 | Norfolk, VA 23517 | 5.9 mi | 11 | $3,461,832 | $292,450 | $314,712 |
| 23435 | Suffolk, VA 23435 | 6.4 mi | 135 | $73,078,605 | $517,000 | $541,323 |
| 23323 | Chesapeake, VA 23323 | 7.2 mi | 73 | $35,052,848 | $450,000 | $480,176 |
| 23509 | Norfolk, VA 23509 | 7.7 mi | 28 | $9,176,608 | $281,450 | $327,736 |
| 23513 | Norfolk, VA 23513 | 9.0 mi | 48 | $14,308,368 | $292,500 | $298,091 |
| 23433 | Suffolk, VA 23433 | 9.5 mi | 9 | $7,102,143 | $690,000 | $789,127 |
| 23436 | Suffolk, VA 23436 | 9.6 mi | 5 | $5,710,700 | $719,450 | $1,142,140 |
| 23432 | Suffolk, VA 23432 | 10.8 mi | 3 | $1,352,901 | $501,950 | $450,967 |
As of February 2026, there are 60 active listings in PORTSMOUTH, VA (zip code 23701), compared to 78 the prior year.
The median listing price in PORTSMOUTH, VA 23701 is $260,000 as of February 2026, a 0.4% increase from $258,949 the prior year.
Homes in PORTSMOUTH, VA 23701 spend an average of 36 days on the market before going under contract, compared to 35 days the prior year.
Based on current inventory and days-on-market data as of February 2026, PORTSMOUTH, VA 23701 is currently a Balanced Market. Inventory has tightened compared to last year, with 18 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 36 days on market compared to 35 days last year.
With SELL123.com's maximum 3% commission, sellers in PORTSMOUTH, VA 23701 save an estimated $5,200 compared to a typical 5% commission on the median listing price of $260,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.