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Data as of February 2026. Source: Realtor.com.
The PORTSMOUTH, VA real estate market (23703) currently shows 61 active listings, with 2 pending sales. Homes are averaging 47 days on the market before going under contract.
Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 47 days on market compared to 30 days last year.
The median listing price has risen 6.3% year-over-year, from $320,725 to $340,950.
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: 27,121 · Density: 751.4/mi² · Median household income: $72,822
Typical home value: $262,642 · Homeownership: 69.2%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 23703 | Portsmouth, VA 23703 | 0.0 mi | 72 | $25,197,552 | $348,500 | $349,966 |
| 23508 | Norfolk, VA 23508 | 3.4 mi | 43 | $16,661,683 | $364,900 | $387,481 |
| 23517 | Norfolk, VA 23517 | 4.4 mi | 11 | $3,461,832 | $292,450 | $314,712 |
| 23510 | Norfolk, VA 23510 | 4.8 mi | 40 | $16,822,480 | $327,250 | $420,562 |
| 23505 | Norfolk, VA 23505 | 5.0 mi | 45 | $17,479,440 | $325,000 | $388,432 |
| 23509 | Norfolk, VA 23509 | 6.0 mi | 28 | $9,176,608 | $281,450 | $327,736 |
| 23321 | Chesapeake, VA 23321 | 6.2 mi | 85 | $38,078,725 | $452,500 | $447,985 |
| 23435 | Suffolk, VA 23435 | 6.7 mi | 135 | $73,078,605 | $517,000 | $541,323 |
| 23513 | Norfolk, VA 23513 | 7.4 mi | 48 | $14,308,368 | $292,500 | $298,091 |
| 23436 | Suffolk, VA 23436 | 7.7 mi | 5 | $5,710,700 | $719,450 | $1,142,140 |
| 23607 | Newport News, VA 23607 | 7.9 mi | 83 | $20,222,037 | $229,700 | $243,639 |
| 23661 | Hampton, VA 23661 | 8.9 mi | 47 | $12,697,332 | $262,500 | $270,156 |
| 23502 | Norfolk, VA 23502 | 9.0 mi | 25 | $10,047,150 | $357,500 | $401,886 |
As of February 2026, there are 61 active listings in PORTSMOUTH, VA (zip code 23703), compared to 59 the prior year.
The median listing price in PORTSMOUTH, VA 23703 is $340,950 as of February 2026, a 6.3% increase from $320,725 the prior year.
Homes in PORTSMOUTH, VA 23703 spend an average of 47 days on the market before going under contract, compared to 30 days the prior year.
Based on current inventory and days-on-market data as of February 2026, PORTSMOUTH, VA 23703 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 47 days on market compared to 30 days last year.
With SELL123.com's maximum 3% commission, sellers in PORTSMOUTH, VA 23703 save an estimated $6,819 compared to a typical 5% commission on the median listing price of $340,950. 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.