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Portsmouth, VA Real Estate

Portsmouth is a city in Portsmouth city County, Virginia with a population of about 97,299. The median home value is near $229,400, and median rent runs around $1,266/mo.

Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.

Median Home Value
$229,400
Median Rent
$1,266/mo
Population
97,299
Median Income
$58,972
Median Age
35.8
Homeownership
56.9%

Monthly payment on a median Portsmouth home

Example for a $229,400 home: 20% down, 30-yr at ~6.75%, VA property tax ~0.82%, 0.4% insurance.

Est. monthly (PITI)
$1,424
Principal & interest
$1,190
Property tax / mo
$157
Down payment (20%)
$45,880

Portsmouth at a glance

  • 14.9% of residents 25+ hold a bachelor's degree or higher.
  • 56.9% of occupied homes are owner-occupied.
  • Median household income is $58,972.
  • Always verify the assigned school district, flood zone, and HOA for a specific address before signing.

Other Virginia cities

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