Portsmouth Homes for Sale

Included below are homes for sale in Portsmouth. If you would like more information on any of these Portsmouth real estate listings, just click the "Request More Information" button when viewing the details of that property. We can provide you with disclosures, past sales history, dates and prices of homes recently sold nearby, and more.

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Portsmouth March 30, 2023
133
Listed
50
Avg. DOM
$156.04
Avg. $ / Sq.Ft.
$250,000
Med. List Price
133 Properties
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Portsmouth, Virginia: A City with History, Charm, and a Growing Real Estate Market

Portsmouth, Virginia, is a city located in the southeastern region of the state. With a population of over 95,000 residents, it is one of the smaller cities in the Hampton Roads metropolitan area. Portsmouth is known for its rich history, charming neighborhoods, and growing real estate market. In this blog post, we will explore some of the things to do in Portsmouth and take a closer look at the city's real estate market.

Recreation and Entertainment

Portsmouth offers a variety of recreational opportunities for residents and visitors alike. The city is home to several parks, including Portsmouth City Park, which covers over 100 acres and features picnic areas, playgrounds, and walking trails. The Portsmouth Art and Cultural Center, located in the historic courthouse building in downtown Portsmouth, showcases rotating exhibits and hosts a variety of events throughout the year.

For those who enjoy waterfront activities, Portsmouth has several marinas and boat launches, including the Portsmouth Boating Center and the High Street Landing Marina. The Elizabeth River Ferry, which connects Portsmouth to Norfolk and other nearby cities, is a popular attraction that offers scenic views of the Elizabeth River.

Real Estate Market

Portsmouth's real estate market is growing, with a median home value of $184,000, according to Zillow. The city offers a variety of housing options, from historic homes to modern developments. The Olde Towne neighborhood, located in downtown Portsmouth, features beautifully restored historic homes that date back to the early 1900s. Newer developments, such as Victory Village and London Oaks, offer modern and spacious apartments and townhouses.

One of the reasons why Portsmouth's real estate market is growing is its affordability compared to other cities in the Hampton Roads metropolitan area. Additionally, the city's location on the Elizabeth River and its proximity to major military installations, such as Naval Medical Center Portsmouth and Norfolk Naval Shipyard, provide stable employment options for residents.

Conclusion

Portsmouth, Virginia, is a city with history, charm, and a growing real estate market. The city's variety of recreational opportunities, cultural attractions, and affordability make it an attractive destination for residents and visitors alike. Whether you're looking for a historic home or a modern development, Portsmouth has a variety of housing options to suit your needs. With its growing real estate market and stable employment options, it's no wonder that Portsmouth is a highly sought-after destination in the Hampton Roads metropolitan area.