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ZIP 23701 in Portsmouth, VA: housing market trends

The median home sale price in ZIP 23701 in Portsmouth, VA was $273,920 for the three-month period ending September 2026. Sale prices were 6.8% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$273,920
three-month period ending September 2026
Median sale price per sq ft
$203.08
three-month period ending September 2026
Active listings
210
three-month period ending September 2026
Typical monthly rent
$1,698
Rent index · August 2026

How is housing inventory changing?

There were 210 active listings for the three-month period ending September 2026. Active listings were 7.9% lower than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 34 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 23701 in Portsmouth, VA
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$273,920$203.08113
Single-familySeptember 2026$274,831$212.6099
TownhousesSeptember 2026$302,000$199.214 · small sample
Condos / co-opsSeptember 2026$197,494$132.098 · small sample
Multifamily (2–4 units)September 2026$307,500$162.892 · small sample

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 23701 in Portsmouth, VA
MarketMedian sale priceReporting period / source
Portsmouth, VA$269,000Month ending July 2026 · Zillow
Chesapeake, VA$420,000Month ending July 2026 · Zillow
Norfolk, VA$318,000Month ending July 2026 · Zillow
Carrollton, VA$369,3243 months ending September 2026 · Redfin
Suffolk, VA$385,000Month ending July 2026 · Zillow
Hampton, VA$289,000Month ending July 2026 · Zillow

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 23701 in Portsmouth, VA
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$273,920$203.08210
August 2026$270,300$203.13196
July 2026$280,000$201.27225
June 2026$281,000$200.33224
May 2026$280,000$198.17245
April 2026$269,000$200.17253
March 2026$260,000$194.91220
February 2026$265,000$194.91208
January 2026$262,250$191.25212
December 2025$262,000$191.25209
November 2025$257,195$183.87236
October 2025$258,500$186.81230
September 2025$256,500$189.29228
August 2025$255,000$193.20219
July 2025$259,750$190.78217
June 2025$265,000$192.67229
May 2025$270,000$191.66221
April 2025$275,000$192.20212
March 2025$280,000$193.18206
February 2025$280,000$195.23203
January 2025$275,000$187.13206
December 2024$270,000$185.93223
November 2024$268,000$186.66244
October 2024$268,000$190.29262

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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