Portsmouth, VA Housing Market Brief
county · VA · as of May 2026
What is Portsmouth, VA’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Portsmouth, VA in its market cycle?
Portsmouth, VA is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
Portsmouth, VA housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $290K | ▲ +6.8% |
| Median Days on Market | 33 days | ▲ +26.9% |
| Months of Supply | 1.8 | ▼ -18.2% |
| Homes for Sale | 292 | ▼ -23.2% |
| Homes Sold | 160 | ▼ -5.3% |
| Median Price / Sq Ft | $181 | ▼ -1.5% |
| Sale-to-List Ratio | 99.6% | ▼ -0.7% |
How has Portsmouth, VA’s Alpha Score moved?
Markets like Portsmouth, VA
Frequently asked questions
Is Portsmouth, VA a buyer's or seller's market?
As of May 2026, Portsmouth, VA is classified as a Balanced Market, based on its Alpha Score of 48 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Portsmouth, VA?
The median sale price in Portsmouth, VA is $290K, having risen 6.8% over the past year.
How affordable is Portsmouth, VA?
Portsmouth, VA scores 17 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.
What's driving Portsmouth, VA's Alpha Score?
Portsmouth, VA's strongest dimension is Price Momentum (62/100) and its weakest is Affordability (17/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Portsmouth, VA? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.