Active Listings
37
⇩ 17.8% vs 45 last year
Data as of February 2026. Source: Realtor.com.
The PORTSMOUTH, VA real estate market (23707) currently shows 37 active listings. Homes are averaging 37 days on the market before going under contract.
Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 37 days on market compared to 35 days last year.
The median listing price has risen 0.5% year-over-year, from $279,500 to $280,950.
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: 14,254 · Density: 1,411.5/mi² · Median household income: $49,363
Typical home value: $198,883 · Homeownership: 55.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 23707 | Portsmouth, VA 23707 | 0.0 mi | 43 | $12,878,973 | $285,000 | $299,511 |
| 23507 | Norfolk, VA 23507 | 2.5 mi | 21 | $9,285,234 | $250,000 | $442,154 |
| 23510 | Norfolk, VA 23510 | 2.8 mi | 40 | $16,822,480 | $327,250 | $420,562 |
| 23703 | Portsmouth, VA 23703 | 3.1 mi | 72 | $25,197,552 | $348,500 | $349,966 |
| 23508 | Norfolk, VA 23508 | 3.4 mi | 43 | $16,661,683 | $364,900 | $387,481 |
| 23504 | Norfolk, VA 23504 | 4.2 mi | 50 | $15,550,500 | $287,250 | $311,010 |
| 23509 | Norfolk, VA 23509 | 5.1 mi | 28 | $9,176,608 | $281,450 | $327,736 |
| 23505 | Norfolk, VA 23505 | 5.6 mi | 45 | $17,479,440 | $325,000 | $388,432 |
| 23513 | Norfolk, VA 23513 | 6.5 mi | 48 | $14,308,368 | $292,500 | $298,091 |
| 23435 | Suffolk, VA 23435 | 7.8 mi | 135 | $73,078,605 | $517,000 | $541,323 |
| 23518 | Norfolk, VA 23518 | 8.5 mi | 88 | $44,206,008 | $395,000 | $502,341 |
| 23464 | Virginia Beach, VA 23464 | 9.4 mi | 73 | $31,454,021 | $424,500 | $430,877 |
| 23323 | Chesapeake, VA 23323 | 9.6 mi | 73 | $35,052,848 | $450,000 | $480,176 |
As of February 2026, there are 37 active listings in PORTSMOUTH, VA (zip code 23707), compared to 45 the prior year.
The median listing price in PORTSMOUTH, VA 23707 is $280,950 as of February 2026, a 0.5% increase from $279,500 the prior year.
Homes in PORTSMOUTH, VA 23707 spend an average of 37 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 23707 is currently a Balanced Market. Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 37 days on market compared to 35 days last year.
With SELL123.com's maximum 3% commission, sellers in PORTSMOUTH, VA 23707 save an estimated $5,619 compared to a typical 5% commission on the median listing price of $280,950. 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.