Norport Homes
Data as of February 2026. Source: Realtor.com.
The PORTSMOUTH, VA real estate market (23702) currently shows 35 active listings. Homes are averaging 55 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are taking longer to sell, averaging 55 days on market compared to 46 days last year.
The median listing price has fallen 8% year-over-year, from $243,200 to $223,724.
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: 12,107 · Density: 1,949.1/mi² · Median household income: $45,772
Typical home value: $175,295 · Homeownership: 46.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 23702 | Portsmouth, VA 23702 | 0.0 mi | 35 | $8,948,415 | $245,000 | $255,669 |
| 23701 | Portsmouth, VA 23701 | 2.5 mi | 61 | $16,629,027 | $265,000 | $272,607 |
| 23324 | Chesapeake, VA 23324 | 2.9 mi | 55 | $16,439,995 | $290,000 | $298,909 |
| 23510 | Norfolk, VA 23510 | 3.9 mi | 40 | $16,822,480 | $327,250 | $420,562 |
| 23325 | Chesapeake, VA 23325 | 4.9 mi | 18 | $5,699,880 | $299,999 | $316,660 |
| 23504 | Norfolk, VA 23504 | 5.0 mi | 50 | $15,550,500 | $287,250 | $311,010 |
| 23508 | Norfolk, VA 23508 | 5.7 mi | 43 | $16,661,683 | $364,900 | $387,481 |
| 23509 | Norfolk, VA 23509 | 6.5 mi | 28 | $9,176,608 | $281,450 | $327,736 |
| 23323 | Chesapeake, VA 23323 | 7.2 mi | 73 | $35,052,848 | $450,000 | $480,176 |
| 23513 | Norfolk, VA 23513 | 7.7 mi | 48 | $14,308,368 | $292,500 | $298,091 |
| 23464 | Virginia Beach, VA 23464 | 8.2 mi | 73 | $31,454,021 | $424,500 | $430,877 |
| 23518 | Norfolk, VA 23518 | 10.0 mi | 88 | $44,206,008 | $395,000 | $502,341 |
| 23503 | Norfolk, VA 23503 | 10.6 mi | 67 | $29,425,864 | $350,000 | $439,192 |
As of February 2026, there are 35 active listings in PORTSMOUTH, VA (zip code 23702), compared to 35 the prior year.
The median listing price in PORTSMOUTH, VA 23702 is $223,724 as of February 2026, a 8% decrease from $243,200 the prior year.
Homes in PORTSMOUTH, VA 23702 spend an average of 55 days on the market before going under contract, compared to 46 days the prior year.
Based on current inventory and days-on-market data as of February 2026, PORTSMOUTH, VA 23702 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 55 days on market compared to 46 days last year.
With SELL123.com's maximum 3% commission, sellers in PORTSMOUTH, VA 23702 save an estimated $4,474 compared to a typical 5% commission on the median listing price of $223,724. 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.