Portsmouth, VA Real Estate & Property Data

Portsmouth Real Estate Market Trends
Last Updated: April 27, 2024

Accurate and comprehensive real estate data is critical for insight into Portsmouth, VA. ATTOM’s Portsmouth real estate data is updated daily, and current market trends show that in Portsmouth, VA a total of 2,292 residential properties have sold over the past year. With a median home price of $257,000 in Portsmouth and a total of 15 foreclosures. Get detailed property data for Portsmouth, VA instantly. ATTOM is your one-stop-shop for the Portsmouth property reports and real estate data you need in Portsmouth, VA.

Portsmouth Real Estate Market Trends
Total Residential Properties 32,610
Total Commercial Properties 1,800
Avg. Home Age (Single Family Home) 64 Years
Avg. Square Feet (Single Family Home) 1,584
Total 2024 Residential Sales (year-to-date) 319
% of Homes Seriously Underwater (Q2 2024) 1.3%
Total 2023 Residential Sales 2,116
% of Equity Rich Homes (Q2 2024) 31.48%
Effective 2023 Property Tax 1.11%
Total Foreclosure Filings (year-to-date) 33
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Portsmouth, VA Real Estate Overview

There were 2,292 residential properties sold in the past year in Portsmouth, VA. The median home value in Portsmouth, VA is $242,544. There are a total of 32,610 residential properties in the Portsmouth.

Median Sales Price i
$257,000
(Feb 2024)
+9.4%
year-over-year
y-o-y
  • February '24 Feb '24 $257,000
  • January '24 Jan '24 $259,450
  • December '23 Dec '23 $242,500
  • November '23 Nov '23 $245,000
  • October '23 Oct '23 $251,000
  • September '23 Sep '23 $259,900
  • August '23 Aug '23 $250,000
  • July '23 Jul '23 $265,000
  • June '23 Jun '23 $247,000
  • May '23 May '23 $242,250
  • April '23 Apr '23 $250,000
  • March '23 Mar '23 $227,500
Median Down Payment i
$12,985
(Feb 2024)
+95.2%
year-over-year
y-o-y
  • February '24 Feb '24 $12,985
  • January '24 Jan '24 $19,424
  • December '23 Dec '23 $7,119
  • November '23 Nov '23 $8,850
  • October '23 Oct '23 $14,625
  • September '23 Sep '23 $13,250
  • August '23 Aug '23 $11,400
  • July '23 Jul '23 $11,915
  • June '23 Jun '23 $13,530
  • May '23 May '23 $15,372
  • April '23 Apr '23 $9,675
  • March '23 Mar '23 $9,273
Number of Homes Sold i
170
(Feb 2024)
+19.7%
year-over-year
y-o-y
  • February '24 Feb '24 170
  • January '24 Jan '24 149
  • December '23 Dec '23 166
  • November '23 Nov '23 123
  • October '23 Oct '23 164
  • September '23 Sep '23 172
  • August '23 Aug '23 196
  • July '23 Jul '23 185
  • June '23 Jun '23 206
  • May '23 May '23 252
  • April '23 Apr '23 158
  • March '23 Mar '23 209
Number of Purchase Loans i
143
(Feb 2024)
+17.2%
year-over-year
y-o-y
  • February '24 Feb '24 143
  • January '24 Jan '24 120
  • December '23 Dec '23 149
  • November '23 Nov '23 103
  • October '23 Oct '23 135
  • September '23 Sep '23 153
  • August '23 Aug '23 176
  • July '23 Jul '23 162
  • June '23 Jun '23 168
  • May '23 May '23 220
  • April '23 Apr '23 136
  • March '23 Mar '23 165
Number of REFI Loans i
82
(Feb 2024)
+86.4%
year-over-year
y-o-y
  • February '24 Feb '24 82
  • January '24 Jan '24 82
  • December '23 Dec '23 86
  • November '23 Nov '23 60
  • October '23 Oct '23 73
  • September '23 Sep '23 69
  • August '23 Aug '23 87
  • July '23 Jul '23 68
  • June '23 Jun '23 62
  • May '23 May '23 51
  • April '23 Apr '23 61
  • March '23 Mar '23 62
Number of HELOC Loans i
45
(Feb 2024)
+73.1%
year-over-year
y-o-y
  • February '24 Feb '24 45
  • January '24 Jan '24 31
  • December '23 Dec '23 23
  • November '23 Nov '23 36
  • October '23 Oct '23 50
  • September '23 Sep '23 25
  • August '23 Aug '23 39
  • July '23 Jul '23 18
  • June '23 Jun '23 33
  • May '23 May '23 29
  • April '23 Apr '23 18
  • March '23 Mar '23 36

Portsmouth, VA Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

Portsmouth, VA Foreclosure Activity

There were a total of 15 Portsmouth, VA properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 15 Portsmouth, VA properties and repossessed 2 Portsmouth, VA properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
15
(Feb 2024)
+25%
year-over-year
y-o-y
  • February '24 Feb '24 15
  • January '24 Jan '24 18
  • December '23 Dec '23 14
  • November '23 Nov '23 12
  • October '23 Oct '23 23
  • September '23 Sep '23 20
  • August '23 Aug '23 24
  • July '23 Jul '23 12
  • June '23 Jun '23 7
  • May '23 May '23 23
  • April '23 Apr '23 8
  • March '23 Mar '23 16
Foreclosure Starts i
15
(Feb 2024)
+25%
year-over-year
y-o-y
  • February '24 Feb '24 15
  • January '24 Jan '24 18
  • December '23 Dec '23 14
  • November '23 Nov '23 12
  • October '23 Oct '23 23
  • September '23 Sep '23 20
  • August '23 Aug '23 24
  • July '23 Jul '23 12
  • June '23 Jun '23 7
  • May '23 May '23 23
  • April '23 Apr '23 8
  • March '23 Mar '23 16
Completed Foreclosures (REOs) i
2
(Feb 2024)
-71.4%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 2
  • December '23 Dec '23 6
  • November '23 Nov '23 2
  • October '23 Oct '23 N/A
  • September '23 Sep '23 6
  • August '23 Aug '23 6
  • July '23 Jul '23 3
  • June '23 Jun '23 6
  • May '23 May '23 5
  • April '23 Apr '23 3
  • March '23 Mar '23 10
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