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Portsmouth, VA
Full City Profile · Virginia · Portsmouth city County
2.9
/5.0
C+
Fair
97,299
Population
2,922/sq mi density
$58,972
Median Income
$32,915 per capita
$229,400
Home Value
$256,531 Zillow
$1,266
Median Rent
34.5% income on rent
62°F
Avg Temperature
301 sunny days/yr
946
Violent Crime/100K
5,861 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$58,972 median income, 3.8% unemployment
A
Affordability
4.5 / 5.0
$229,400 home value, $1,266/mo rent
F
Safety
1.0 / 5.0
946 violent crimes/100K (149% above avg)
C+
Education
2.9 / 5.0
23.2% bachelor's degree or higher
Housing Overview
Median Home Value
$229,400
19% below
US avg: $281,900
Median Rent
$1,266/mo
9% above
US avg: $1,163/mo
Homeownership Rate
56.9%
13% below US avg (65.4%)
Total Housing Units
43,096
Median year built: 1966
Home Value by Source
Census Median
$229,400
Zillow (ZHVI)
$256,531
Median Sale Price
$282,750
Median List Price
$289,394
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
56.9%
Owner-Occupied
43.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,492/mo
1 Bedroom
$1,512/mo
2 Bedroom
$1,713/mo
3 Bedroom
$2,376/mo
4 Bedroom
$2,797/mo
Census median rent:
$1,266/mo
· Zillow rent:
$1,557/mo
Market Indicators (Redfin)
Median Days on Market
40 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
118
Price Drops
21.5%
of listings with price reduction
Price Per Sq Ft
$181
Active Inventory
289
homes for sale
Affordability & Housing Stock
Rent Burden
34.5%
of renters spending 30%+ of income on housing
11% above US avg (31.0%)
Median Year Built
1966
Average age of housing stock: 60 years
Homeownership Rate
56.9%
Complete Housing Data
Home Values
| Census Median Value | $229,400 |
| Zillow Home Value (ZHVI) | $256,531 |
| Median Sale Price | $282,750 |
| Median List Price | $289,394 |
| Price Per Sq Ft | $181 |
Rent
| Census Median Rent | $1,266 |
| Zillow Rent (ZORI) | $1,557 |
| FMR Studio | $1,492 |
| FMR 1-Bedroom | $1,512 |
| FMR 2-Bedroom | $1,713 |
| FMR 3-Bedroom | $2,376 |
| FMR 4-Bedroom | $2,797 |
Market
| Days on Market | 40 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 21.5% |
| Homes Sold | 118 |
| Active Inventory | 289 |
| Price Per Sq Ft | $181 |
Ownership & Stock
| Owner-Occupied | 56.9% |
| Renter-Occupied | 43.1% |
| Homeownership Rate | 56.9% |
| Total Housing Units | 43,096 |
| Median Year Built | 1966 |
| Rent Burden | 34.5% |