Portsmouth, VA Real Estate & Property Data

Portsmouth Real Estate Market Trends
Last Updated: April 22, 2025

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 2,266 residential properties have sold over the past year. With a median home price of $260,000 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 32,596
Total Commercial Properties 1,666
Avg. Home Age (Single Family Home) 65 Years
Avg. Square Feet (Single Family Home) 1,587
Total 2025 Residential Sales (year-to-date) 267
% of Homes Seriously Underwater (Q2 2025) 1.15%
Total 2024 Residential Sales 2,148
% of Equity Rich Homes (Q2 2025) 34.32%
Effective 2024 Property Tax 1.07%
Total Foreclosure Filings (year-to-date) 29
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Portsmouth, VA Real Estate Overview

There were 2,266 residential properties sold in the past year in Portsmouth, VA. The median home value in Portsmouth, VA is $258,228. There are a total of 32,596 residential properties in the Portsmouth.

Median Sales Price i
$260,000
(Feb 2025)
+2.6%
year-over-year
y-o-y
  • February '25 Feb '25 $260,000
  • January '25 Jan '25 $260,000
  • December '24 Dec '24 $274,400
  • November '24 Nov '24 $254,950
  • October '24 Oct '24 $268,500
  • September '24 Sep '24 $259,900
  • August '24 Aug '24 $262,000
  • July '24 Jul '24 $254,900
  • June '24 Jun '24 $275,000
  • May '24 May '24 $260,000
  • April '24 Apr '24 $260,000
  • March '24 Mar '24 $254,800
Median Down Payment i
$10,975
(Feb 2025)
-15.5%
year-over-year
y-o-y
  • February '25 Feb '25 $10,975
  • January '25 Jan '25 $8,097
  • December '24 Dec '24 $12,500
  • November '24 Nov '24 $18,750
  • October '24 Oct '24 $13,550
  • September '24 Sep '24 $13,000
  • August '24 Aug '24 $15,243
  • July '24 Jul '24 $12,802
  • June '24 Jun '24 $9,155
  • May '24 May '24 $19,748
  • April '24 Apr '24 $11,818
  • March '24 Mar '24 $10,999
Number of Homes Sold i
141
(Feb 2025)
-17.5%
year-over-year
y-o-y
  • February '25 Feb '25 141
  • January '25 Jan '25 126
  • December '24 Dec '24 155
  • November '24 Nov '24 148
  • October '24 Oct '24 187
  • September '24 Sep '24 186
  • August '24 Aug '24 190
  • July '24 Jul '24 181
  • June '24 Jun '24 175
  • May '24 May '24 219
  • April '24 Apr '24 224
  • March '24 Mar '24 163
Number of Purchase Loans i
123
(Feb 2025)
-14.6%
year-over-year
y-o-y
  • February '25 Feb '25 123
  • January '25 Jan '25 106
  • December '24 Dec '24 139
  • November '24 Nov '24 136
  • October '24 Oct '24 172
  • September '24 Sep '24 175
  • August '24 Aug '24 157
  • July '24 Jul '24 158
  • June '24 Jun '24 152
  • May '24 May '24 170
  • April '24 Apr '24 177
  • March '24 Mar '24 166
Number of REFI Loans i
73
(Feb 2025)
-12%
year-over-year
y-o-y
  • February '25 Feb '25 73
  • January '25 Jan '25 96
  • December '24 Dec '24 100
  • November '24 Nov '24 108
  • October '24 Oct '24 154
  • September '24 Sep '24 128
  • August '24 Aug '24 119
  • July '24 Jul '24 90
  • June '24 Jun '24 60
  • May '24 May '24 70
  • April '24 Apr '24 108
  • March '24 Mar '24 105
Number of HELOC Loans i
26
(Feb 2025)
-57.4%
year-over-year
y-o-y
  • February '25 Feb '25 26
  • January '25 Jan '25 33
  • December '24 Dec '24 25
  • November '24 Nov '24 30
  • October '24 Oct '24 42
  • September '24 Sep '24 31
  • August '24 Aug '24 39
  • July '24 Jul '24 38
  • June '24 Jun '24 41
  • May '24 May '24 29
  • April '24 Apr '24 40
  • March '24 Mar '24 91

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 2025. Lenders started the foreclosure process on 15 Portsmouth, VA properties and repossessed 2 Portsmouth, VA properties through completed foreclosures (REOs) in February 2025.

Total Foreclosure Filings i
15
(Feb 2025)
year-over-year
y-o-y
  • February '25 Feb '25 15
  • January '25 Jan '25 14
  • December '24 Dec '24 6
  • November '24 Nov '24 9
  • October '24 Oct '24 24
  • September '24 Sep '24 14
  • August '24 Aug '24 11
  • July '24 Jul '24 13
  • June '24 Jun '24 12
  • May '24 May '24 21
  • April '24 Apr '24 17
  • March '24 Mar '24 8
Foreclosure Starts i
15
(Feb 2025)
year-over-year
y-o-y
  • February '25 Feb '25 15
  • January '25 Jan '25 14
  • December '24 Dec '24 6
  • November '24 Nov '24 9
  • October '24 Oct '24 24
  • September '24 Sep '24 14
  • August '24 Aug '24 11
  • July '24 Jul '24 13
  • June '24 Jun '24 12
  • May '24 May '24 21
  • April '24 Apr '24 17
  • March '24 Mar '24 8
Completed Foreclosures (REOs) i
2
(Feb 2025)
year-over-year
y-o-y
  • February '25 Feb '25 2
  • January '25 Jan '25 3
  • December '24 Dec '24 4
  • November '24 Nov '24 2
  • October '24 Oct '24 2
  • September '24 Sep '24 4
  • August '24 Aug '24 2
  • July '24 Jul '24 3
  • June '24 Jun '24 1
  • May '24 May '24 1
  • April '24 Apr '24 4
  • March '24 Mar '24 3
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