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Cheap Homes in Portsmouth, NH

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Top Reasons To Live In Portsmouth, NH In 2024

Portsmouth is located in Rockingham, New Hampshire, with an estimated municipal population of 21,927 residents. All of the best foreclosed homes for sale in Portsmouth are located in the following zip code areas on Foreclosure.com: 03801 03802 03803 03804. The estimated population per square kilometer (.62 miles) in Portsmouth is 540.


Cost Of Living In Portsmouth, NH

So, about how much do homes cost in Portsmouth? The most recent median value of resident-owned homes in Portsmouth is 423,582. An estimated 52 percent of households in Portsmouth own their homes, with an average family size of 2.69. The median household income in Portsmouth is 83,923, with43.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Portsmouth, the median commute time of resident workers (in minutes) is 22.8. And last, but certainly not least, are you looking for homes to rent in Portsmouth? If so, the average rent price paid by renters in Portsmouth is 1,305, according to recent statistics.


Diversity And Demographics In Portsmouth, New Hampshire

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Portsmouth, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Portsmouth is 39.8, split between 49.2 percent male versus 50.8 female. The percentage of residents who report being married in Portsmouth is 45.4, with an average family size of 2.69.

The percentage of residents who report their race in Portsmouth is as follows:

White 90%
Black / African American 2.5%
Asian 4.8%
American Indian / Alaskan Native 0.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.3%
Other 0.3%

Looking for family-friendly neighborhoods in and/or near Portsmouth? Or maybe you are searching for 55+ active adult communities in and/or near Portsmouth?

The percentage of residents who report their age in Portsmouth is as follows:

Under 10 8.7%
Aged 10-19 8.4%
20s 16.6%
30s 16.6%
40s 12.6%
50s 13.6%
60s 12%
70s 7.6%
80+ 4%

Best Schools In Portsmouth, New Hampshire

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Portsmouth with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Portsmouth.


Pros And Cons Of Living In Portsmouth, New Hampshire

How do you know that living in -- or moving to -- Portsmouth is right where you need to be? Perhaps you grew up in Portsmouth or already live nearby; therefore, the decision to buy a home in Portsmouth is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Portsmouth for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Portsmouth:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Portsmouth.


Reasons To Move To Portsmouth, New Hampshire, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Portsmouth can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Portsmouth, meanwhile, can field multiple offers from more qualified buyers.

Cheap Homes in Portsmouth, NH


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