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Foreclosure Homes in Portsmouth, VA 23708

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Portsmouth, VA Foreclosures

Current Market Conditions in Portsmouth, VA as of June 2026?
Home values: +1.82% MoM; rent: +0.00% MoM.
How much do homes sell for in Portsmouth, VA?
The average home price is currently $314,195.
What’s the average rental cost in Portsmouth, VA?
The average rental price in Portsmouth is $1,376.
What is the most expensive home in Portsmouth?
The most expensive home sold in Portsmouth had a price of $165,442,576.
What is currently the cheapest priced home in Portsmouth, VA?
The cheapest home for sale in Portsmouth is priced at $10,929.

Living in Portsmouth, VA

Portsmouth, VA is a historic waterfront city in Hampton Roads with established neighborhoods, regional job access, and a mix of single-family, townhome, and small multifamily investment opportunities.

Buyer vs Seller Market in Portsmouth, VA

Median home value: $265,069 as of 2026-06-14.

Median rent: $1,340 as of 2026-06-14.

Home values: +1.82% MoM, +4.63% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Home Value Estimator For Portsmouth, VA

There are currently 34,185 real estate properties in Portsmouth, VA, with a median automated valuation model (AVM) price of $265,069.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Portsmouth, VA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Portsmouth, VA, is $314,195.00, with the most expensive house in Portsmouth, VA, topping out at $165,442,576.00 and the cheapest home in Portsmouth, VA, clocking in at $10,929.00. In other words, there’s something for every potential homebuyer or savvy investor in Portsmouth, VA!

Rent Prices In Portsmouth, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Portsmouth, VA, is on a rollercoaster ride. The average rent price in Portsmouth, VA, is $1,376.00. Indeed, when looking to rent in Portsmouth, VA, you can expect to pay as little as $690.00 or as much as $4,620.00, with the average rent median estimated to be $1,340.00. The good news is that finding an affordable and desirable property to rent in Portsmouth, VA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Portsmouth, VA 23708 Foreclosures

Market Trend for Portsmouth, VA

Total Listings Available: 0

Market Values:

Home Prices from $10,929 to $165,442,576

Average Sales Price: $314,195

Rental Values:

Rental from $690 to $4,620

Average Rent Value: $1,376 / month

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