Dale Homes · Swanson Homes
Data as of February 2026. Source: Realtor.com.
The PORTSMOUTH, VA real estate market (23704) currently shows 68 active listings, with 1 pending sales. Homes are averaging 45 days on the market before going under contract.
Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 45 days on market compared to 37 days last year.
The median listing price has risen 5% year-over-year, from $247,278 to $259,700.
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: 18,125 · Density: 1,548.1/mi² · Median household income: $43,680
Typical home value: $172,149 · Homeownership: 35.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 23704 | Portsmouth, VA 23704 | 0.0 mi | 67 | $16,890,700 | $259,900 | $252,100 |
| 23707 | Portsmouth, VA 23707 | 1.9 mi | 43 | $12,878,973 | $285,000 | $299,511 |
| 23523 | Norfolk, VA 23523 | 2.3 mi | 12 | $3,965,508 | $330,000 | $330,459 |
| 23324 | Chesapeake, VA 23324 | 2.7 mi | 55 | $16,439,995 | $290,000 | $298,909 |
| 23701 | Portsmouth, VA 23701 | 3.3 mi | 61 | $16,629,027 | $265,000 | $272,607 |
| 23508 | Norfolk, VA 23508 | 4.0 mi | 43 | $16,661,683 | $364,900 | $387,481 |
| 23509 | Norfolk, VA 23509 | 4.8 mi | 28 | $9,176,608 | $281,450 | $327,736 |
| 23513 | Norfolk, VA 23513 | 6.0 mi | 48 | $14,308,368 | $292,500 | $298,091 |
| 23502 | Norfolk, VA 23502 | 6.2 mi | 25 | $10,047,150 | $357,500 | $401,886 |
| 23320 | Chesapeake, VA 23320 | 7.3 mi | 95 | $41,889,300 | $425,000 | $440,940 |
| 23518 | Norfolk, VA 23518 | 8.2 mi | 88 | $44,206,008 | $395,000 | $502,341 |
| 23462 | Virginia Beach, VA 23462 | 8.9 mi | 76 | $36,130,400 | $330,000 | $475,400 |
| 23435 | Suffolk, VA 23435 | 9.3 mi | 135 | $73,078,605 | $517,000 | $541,323 |
As of February 2026, there are 68 active listings in PORTSMOUTH, VA (zip code 23704), compared to 60 the prior year.
The median listing price in PORTSMOUTH, VA 23704 is $259,700 as of February 2026, a 5% increase from $247,278 the prior year.
Homes in PORTSMOUTH, VA 23704 spend an average of 45 days on the market before going under contract, compared to 37 days the prior year.
Based on current inventory and days-on-market data as of February 2026, PORTSMOUTH, VA 23704 is currently a Buyer's Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 45 days on market compared to 37 days last year.
With SELL123.com's maximum 3% commission, sellers in PORTSMOUTH, VA 23704 save an estimated $5,194 compared to a typical 5% commission on the median listing price of $259,700. 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.