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Market Intelligence · VA / Portsmouth city

Portsmouth, VA housing market

5 ZIP markets liveData updated August 2026Typical value$257K1-yr changeUp1.5%

The median home value in Portsmouth, VA is $257K as of August 2026, up 1.5% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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The coverage

Portsmouth, by the numbers.

Typical home valueZillow ZHVI, August 2026
$257K
1-yr changeMedian across Portsmouth ZIPs
+1.5%
ZIP markets live8 tracked in Portsmouth
5
County
Portsmouth city

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12-month value trend

+1.5% over 12 months

Typical home value in Portsmouth over the last 12 months: $253K in Aug 2025 to $257K in Aug 2026 (+1.5%).

Aug 2025$253K

Aug 2026$257K

Median Zillow home value index across Portsmouth's ZIP codes.

Context

As of August 2026, Zillow's index pegs the typical Portsmouth home at $256,727, a 12-month move of +1.5%. Turning to what is for sale, Realtor.com counts 292 homes on the market, 160 newly listed, and a median asking price of $275,000 as of August 2026. Listings sit a median 42 days before selling, with 25.3% of active homes cutting their price. Taken together, the numbers describe a steady market: values are holding their gains while buyers have room to negotiate on individual listings.

The numbers

What is the housing market like in Portsmouth, VA?

Typical home value

$257K

Up1.5%YoY

Median list price

$275K

Days on market

42

Homes for sale

292

Price cuts

25.3%

New listings

160

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026)

Figures reflect Portsmouth's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

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The markets

Which Portsmouth ZIP codes have the highest home values?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of August 2026. 1-yr change compares it to the same ZIP a year earlier. We track 8 Portsmouth ZIP codes in total; the remaining 3 publish as their data clears editorial QA.

Zillow ZHVI, August 2026

Local pros

Who are the top real estate agents in Portsmouth?

Top real estate agents in Portsmouth, VA

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Nearby markets

More Virginia housing markets.

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