Portsmouth, VA 23707 Real Estate & Property Data

Portsmouth, VA 23707 Real Estate Market Trends
Last Updated: August 30, 2025

A total of 353 residential properties have been sold over the past 12 months in 23707. With a median sales price of $251,000 in 23707 and a total of 3 foreclosures in Portsmouth, VA 23707. Discover market trends and get the granular level real estate data for Portsmouth, VA 23707 to keep your pulse on the housing market. Curate compelling home reports for Portsmouth, VA 23707 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Portsmouth, VA 23707 Real Estate Market Trends
Total Residential Properties 4,956
Total Commercial Properties 401
Avg. Home Age (Single Family Home) 75 Years
Avg. Square Feet (Single Family Home) 1,588
Total 2025 Residential Sales (year-to-date) 169
% of Homes Seriously Underwater (Q3 2025) 1.17%
Total 2024 Residential Sales 335
% of Equity Rich Homes (Q3 2025) 29.8%
Effective 2024 Property Tax 1.08%
Total Foreclosure Filings (year-to-date) 12
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Portsmouth, VA 23707 Real Estate Overview

There were 353 residential properties sold in the past year in Portsmouth, VA 23707. The median home value in Portsmouth, VA 23707 is $253,177. There are a total of 4,956 residential properties in the 23707.

Median Sales Price i
$251,000
(Jun 2025)
-14.2%
year-over-year
y-o-y
  • June '25 Jun '25 $251,000
  • May '25 May '25 $265,517
  • April '25 Apr '25 $255,000
  • March '25 Mar '25 $247,450
  • February '25 Feb '25 $237,500
  • January '25 Jan '25 $215,000
  • December '24 Dec '24 $249,950
  • November '24 Nov '24 $252,500
  • October '24 Oct '24 $229,900
  • September '24 Sep '24 $240,000
  • August '24 Aug '24 $258,000
  • July '24 Jul '24 $265,000
Median Down Payment i
$12,995
(Jun 2025)
+56.3%
year-over-year
y-o-y
  • June '25 Jun '25 $12,995
  • May '25 May '25 $24,800
  • April '25 Apr '25 $22,808
  • March '25 Mar '25 $26,000
  • February '25 Feb '25 $13,362
  • January '25 Jan '25 $21,063
  • December '24 Dec '24 $17,750
  • November '24 Nov '24 $20,522
  • October '24 Oct '24 $6,249
  • September '24 Sep '24 $22,500
  • August '24 Aug '24 $12,625
  • July '24 Jul '24 $45,000
Number of Homes Sold i
35
(Jun 2025)
+12.9%
year-over-year
y-o-y
  • June '25 Jun '25 35
  • May '25 May '25 30
  • April '25 Apr '25 26
  • March '25 Mar '25 38
  • February '25 Feb '25 21
  • January '25 Jan '25 19
  • December '24 Dec '24 16
  • November '24 Nov '24 21
  • October '24 Oct '24 26
  • September '24 Sep '24 29
  • August '24 Aug '24 36
  • July '24 Jul '24 25
Number of Purchase Loans i
32
(Jun 2025)
+33.3%
year-over-year
y-o-y
  • June '25 Jun '25 32
  • May '25 May '25 31
  • April '25 Apr '25 23
  • March '25 Mar '25 33
  • February '25 Feb '25 19
  • January '25 Jan '25 20
  • December '24 Dec '24 18
  • November '24 Nov '24 27
  • October '24 Oct '24 24
  • September '24 Sep '24 24
  • August '24 Aug '24 30
  • July '24 Jul '24 21
Number of REFI Loans i
11
(Jun 2025)
+37.5%
year-over-year
y-o-y
  • June '25 Jun '25 11
  • May '25 May '25 22
  • April '25 Apr '25 14
  • March '25 Mar '25 11
  • February '25 Feb '25 19
  • January '25 Jan '25 21
  • December '24 Dec '24 12
  • November '24 Nov '24 8
  • October '24 Oct '24 24
  • September '24 Sep '24 16
  • August '24 Aug '24 14
  • July '24 Jul '24 16
Number of HELOC Loans i
6
(Jun 2025)
year-over-year
y-o-y
  • June '25 Jun '25 6
  • May '25 May '25 7
  • April '25 Apr '25 3
  • March '25 Mar '25 9
  • February '25 Feb '25 3
  • January '25 Jan '25 6
  • December '24 Dec '24 4
  • November '24 Nov '24 5
  • October '24 Oct '24 9
  • September '24 Sep '24 6
  • August '24 Aug '24 4
  • July '24 Jul '24 5

Portsmouth, VA 23707 Foreclosure Activity

There were a total of 3 Portsmouth, VA 23707 properties with a foreclosure filing in June 2025. Lenders started the foreclosure process on 3 Portsmouth, VA 23707 properties and repossessed 1 Portsmouth, VA 23707 properties through completed foreclosures (REOs) in June 2025.

Total Foreclosure Filings i
3
(Jun 2025)
+50%
year-over-year
y-o-y
  • June '25 Jun '25 3
  • May '25 May '25 2
  • April '25 Apr '25 2
  • March '25 Mar '25 2
  • February '25 Feb '25 1
  • January '25 Jan '25 2
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 3
  • September '24 Sep '24 1
  • August '24 Aug '24 1
  • July '24 Jul '24 1
Foreclosure Starts i
3
(Jun 2025)
+50%
year-over-year
y-o-y
  • June '25 Jun '25 3
  • May '25 May '25 2
  • April '25 Apr '25 2
  • March '25 Mar '25 2
  • February '25 Feb '25 1
  • January '25 Jan '25 2
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 3
  • September '24 Sep '24 1
  • August '24 Aug '24 1
  • July '24 Jul '24 1
Completed Foreclosures (REOs) i
1
(Jun 2025)
  • June '25 Jun '25 1
  • May '25 May '25 N/A
  • April '25 Apr '25 N/A
  • March '25 Mar '25 N/A
  • February '25 Feb '25 N/A
  • January '25 Jan '25 1
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 N/A
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