Area data
Portsmouth, VA — ZIP 23703
Population: 25,610 (Census ACS)
Home values & appreciation
- Median home value
- $327,126
- 1-year appreciation
- +2.6%
- 3-year appreciation
- +11.5%
- 5-year appreciation
- +26.6%
- 10-year appreciation
- +72.7%
- All-time peak (2026-07)
- $327,126
- House Price Index
- 423.6 (+3.3% YoY)
Market activity
- Median sale price
- $335,000
- Median list price
- $350,000
- Median days on market
- 33.5 days
- Sale-to-list ratio
- 99.2%
- Active listings
- 66
- 1-year forecast
- +1.9%
- Days to pending
- 41 days
- New listings (monthly)
- 46
Rents
- Typical rent
- $1,895/mo
- 1-year rent change
- +0.4%
- 1BR fair-market rent
- $1,460/mo
- 3BR fair-market rent
- $2,290/mo
Affordability
- Cost of living index (Above Average)
- 103.5 (100 = US avg)
- Electricity rate (state-level)
- 15.3¢/kWh
- Natural gas rate (state-level)
- $16.80/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Schools
- Total schools
- 6
- Elementary schools
- 3
- Middle schools
- 1
- High schools
- 1
Natural hazards & flood risk
- Overall hazard risk
- Relatively Low
- Top hazards
- coastalFlooding, hurricane, lightning, winterWeather
- FEMA flood zone
- X
- Flood risk level
- Minimal
Climate (30-year normals)
- Annual precipitation
- 55.6 in
Walkability & transit
- Walkability index
- 3.7 / 20
- Transit service frequency
- -99,999
Amenities
- National parks within ~60 mi
- 5
- Nearest national park
- Fort Monroe National Monument (10 mi)
- Nearest airport
- Norfolk Naval Station (Chambers Field) (NGU) (6 mi)
- Nearest major airport
- Norfolk Naval Station (Chambers Field) (NGU) (6 mi)
- Hospitals nearby (~15 mi)
- 8
- Avg hospital rating
- 3.5 / 5
- Solar radiation rating
- Fair (4.3 kWh/m²/day)
Migration
- Net migration
- +39 tax filers
Housing stock
- Median year housing built
- 1,978
- Median annual property tax
- $3,248
- Mean commute to work
- 20 min
- Households with broadband internet
- 79.8%
Employment & development
- Total county employment
- 25,197
- Average weekly wage
- $1,070
- Top industries (by employment)
- Health Care, Administrative Services, Accommodation & Food
- Annual residential building permits (county)
- 188
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →