Portsmouth median home price
The average home price in Portsmouth is $268,363, ranking #1,192 of 3,071 U.S. counties. Updated monthly and free to explore.
Median home price
$268,363
Ranks #1,192 of 3,071 U.S. counties, in the top 39%.
- vs. national median$235,072Portsmouth is higher than the U.S. median
- vs. Virginia median$307,999Portsmouth is lower than the Virginia median
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What median home price means
The median home value is the typical home price in a market: the midpoint of Zillow's home value index (ZHVI), which tracks a typical home across all types and price tiers. It is updated monthly and smoothed to cut noise, so it is a steadier read of what homes actually cost here than a raw median sale price, which swings with whatever happened to sell that month.
Portsmouth average home price: common questions
What is the average home price in Portsmouth?
The average home price in Portsmouth is $268,363, which ranks #1,192 of 3,071 U.S. counties. Curb Report updates this monthly and it is free to view.
Is the average home price in Portsmouth above or below the national average?
Portsmouth is higher than the U.S. median of $235,072, putting it in the top 39% of U.S. counties.
How does Portsmouth compare with the rest of Virginia?
Portsmouth is lower than the Virginia median of $307,999.
Is the average home price the same as the median home price?
People usually search for the "average home price" in a place, but the number published here is the typical home value from Zillow's ZHVI, which is a median-style measure rather than an arithmetic mean. That is deliberate: a true average is dragged upward by a handful of luxury sales, so it overstates what a normal home costs. For everyday purposes the two answer the same question, and the figure below is the better answer to it.
What does median home price mean?
The median home value is the typical home price in a market: the midpoint of Zillow's home value index (ZHVI), which tracks a typical home across all types and price tiers. It is updated monthly and smoothed to cut noise, so it is a steadier read of what homes actually cost here than a raw median sale price, which swings with whatever happened to sell that month.