Portsmouth, VA Home Values (2026)
The median home value in Portsmouth is about $257,000 (~$179/sq ft) — 11% more affordable than the typical U.S. home. Below: how Portsmouth compares, values by home size and ZIP code, and a free tool for your own address.
Thinking of moving to Portsmouth?
Here’s what the numbers say about housing costs in Portsmouth. A typical home runs about $257,000, which is 11% more affordable than the national median and 23% more affordable than the Virginia average. At roughly $179 per square foot, a median budget here buys you around 1,440 sq ft of home.
Prices swing a lot by neighborhood: across Portsmouth’s 5 ZIP codes, the most affordable is 23702 (~$231,000) and the priciest is 23703 (~$322,000) — roughly a 1.4× difference. If you’re relocating, that spread is where the real budgeting happens, so it pays to target ZIP by ZIP rather than the citywide average.
Portsmouth home value by size
Using the local rate of about $179 per square foot, here’s a rough estimate by home size. Condition, lot, and exact location move these meaningfully.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $179,000 |
| 1,500 sq ft | $268,500 |
| 2,000 sq ft | $358,000 |
| 2,500 sq ft | $447,500 |
| 3,000 sq ft | $537,000 |
Estimate your specific home in Portsmouth
Enter your ZIP and size for an instant estimate tailored to your exact area:
Home values by ZIP code in Portsmouth, VA
Typical value and price per square foot for each Portsmouth ZIP code we have data for:
| ZIP code | Typical value | $ / sq ft |
|---|---|---|
| 23703 | $322,000 | $195 |
| 23701 | $264,000 | $197 |
| 23707 | $257,000 | $179 |
| 23704 | $240,000 | $177 |
| 23702 | $231,000 | $177 |
Grow your home’s value in Portsmouth
Use our Increase Home Value calculator to see which improvements add the most, or read the pre-sale projects that actually pay off. See how Portsmouth stacks up against other Virginia cities on the Virginia home values page, or browse the full U.S. directory.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. Actual values vary by home and change over time.