Portsmouth, VA 23701 Real Estate & Property Data

Portsmouth, VA 23701 Real Estate Market Trends
Last Updated: August 30, 2025

A total of 630 residential properties have been sold over the past 12 months in 23701. With a median sales price of $262,500 in 23701 and a total of 5 foreclosures in Portsmouth, VA 23701. Discover market trends and get the granular level real estate data for Portsmouth, VA 23701 to keep your pulse on the housing market. Curate compelling home reports for Portsmouth, VA 23701 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Portsmouth, VA 23701 Real Estate Market Trends
Total Residential Properties 9,178
Total Commercial Properties 329
Avg. Home Age (Single Family Home) 65 Years
Avg. Square Feet (Single Family Home) 1,439
Total 2025 Residential Sales (year-to-date) 300
% of Homes Seriously Underwater (Q3 2025) 1.03%
Total 2024 Residential Sales 575
% of Equity Rich Homes (Q3 2025) 36.12%
Effective 2024 Property Tax 1.08%
Total Foreclosure Filings (year-to-date) 27
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Portsmouth, VA 23701 Real Estate Overview

There were 630 residential properties sold in the past year in Portsmouth, VA 23701. The median home value in Portsmouth, VA 23701 is $257,899. There are a total of 9,178 residential properties in the 23701.

Median Sales Price i
$262,500
(Jun 2025)
+9.4%
year-over-year
y-o-y
  • June '25 Jun '25 $262,500
  • May '25 May '25 $259,750
  • April '25 Apr '25 $280,000
  • March '25 Mar '25 $270,000
  • February '25 Feb '25 $250,000
  • January '25 Jan '25 $270,000
  • December '24 Dec '24 $275,000
  • November '24 Nov '24 $281,250
  • October '24 Oct '24 $270,000
  • September '24 Sep '24 $260,450
  • August '24 Aug '24 $266,500
  • July '24 Jul '24 $247,500
Median Down Payment i
$6,304
(Jun 2025)
-2.3%
year-over-year
y-o-y
  • June '25 Jun '25 $6,304
  • May '25 May '25 $12,375
  • April '25 Apr '25 $11,539
  • March '25 Mar '25 $5,323
  • February '25 Feb '25 $6,205
  • January '25 Jan '25 $11,000
  • December '24 Dec '24 $9,039
  • November '24 Nov '24 $40,000
  • October '24 Oct '24 $12,162
  • September '24 Sep '24 $19,253
  • August '24 Aug '24 $19,000
  • July '24 Jul '24 $12,150
Number of Homes Sold i
52
(Jun 2025)
+4%
year-over-year
y-o-y
  • June '25 Jun '25 52
  • May '25 May '25 57
  • April '25 Apr '25 55
  • March '25 Mar '25 69
  • February '25 Feb '25 37
  • January '25 Jan '25 30
  • December '24 Dec '24 46
  • November '24 Nov '24 41
  • October '24 Oct '24 51
  • September '24 Sep '24 51
  • August '24 Aug '24 42
  • July '24 Jul '24 49
Number of Purchase Loans i
50
(Jun 2025)
+28.2%
year-over-year
y-o-y
  • June '25 Jun '25 50
  • May '25 May '25 50
  • April '25 Apr '25 43
  • March '25 Mar '25 67
  • February '25 Feb '25 31
  • January '25 Jan '25 25
  • December '24 Dec '24 43
  • November '24 Nov '24 37
  • October '24 Oct '24 50
  • September '24 Sep '24 52
  • August '24 Aug '24 37
  • July '24 Jul '24 42
Number of REFI Loans i
35
(Jun 2025)
+105.9%
year-over-year
y-o-y
  • June '25 Jun '25 35
  • May '25 May '25 32
  • April '25 Apr '25 40
  • March '25 Mar '25 27
  • February '25 Feb '25 19
  • January '25 Jan '25 19
  • December '24 Dec '24 30
  • November '24 Nov '24 38
  • October '24 Oct '24 40
  • September '24 Sep '24 31
  • August '24 Aug '24 34
  • July '24 Jul '24 16
Number of HELOC Loans i
13
(Jun 2025)
+18.2%
year-over-year
y-o-y
  • June '25 Jun '25 13
  • May '25 May '25 17
  • April '25 Apr '25 7
  • March '25 Mar '25 18
  • February '25 Feb '25 9
  • January '25 Jan '25 7
  • December '24 Dec '24 9
  • November '24 Nov '24 6
  • October '24 Oct '24 6
  • September '24 Sep '24 8
  • August '24 Aug '24 15
  • July '24 Jul '24 15

Portsmouth, VA 23701 Foreclosure Activity

There were a total of 5 Portsmouth, VA 23701 properties with a foreclosure filing in June 2025. Lenders started the foreclosure process on 5 Portsmouth, VA 23701 properties and repossessed 2 Portsmouth, VA 23701 properties through completed foreclosures (REOs) in June 2025.

Total Foreclosure Filings i
5
(Jun 2025)
+66.7%
year-over-year
y-o-y
  • June '25 Jun '25 5
  • May '25 May '25 5
  • April '25 Apr '25 3
  • March '25 Mar '25 6
  • February '25 Feb '25 3
  • January '25 Jan '25 5
  • December '24 Dec '24 4
  • November '24 Nov '24 2
  • October '24 Oct '24 6
  • September '24 Sep '24 1
  • August '24 Aug '24 2
  • July '24 Jul '24 4
Foreclosure Starts i
5
(Jun 2025)
+66.7%
year-over-year
y-o-y
  • June '25 Jun '25 5
  • May '25 May '25 5
  • April '25 Apr '25 3
  • March '25 Mar '25 6
  • February '25 Feb '25 3
  • January '25 Jan '25 5
  • December '24 Dec '24 4
  • November '24 Nov '24 2
  • October '24 Oct '24 6
  • September '24 Sep '24 1
  • August '24 Aug '24 2
  • July '24 Jul '24 4
Completed Foreclosures (REOs) i
2
(Jun 2025)
+100%
year-over-year
y-o-y
  • June '25 Jun '25 2
  • May '25 May '25 1
  • April '25 Apr '25 2
  • March '25 Mar '25 N/A
  • February '25 Feb '25 1
  • January '25 Jan '25 1
  • December '24 Dec '24 1
  • November '24 Nov '24 1
  • October '24 Oct '24 N/A
  • September '24 Sep '24 1
  • August '24 Aug '24 N/A
  • July '24 Jul '24 1
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