Current Price

$635,288

1 Month Forecast

â–² $678,906

1-Year Forecast *

â–² $719,136

5-Year Forecast *

â–² $851,339

"Is it a good time to buy homes in Portsmouth?" "Does investing in real estate in Portsmouth (Rhode Island State, Newport County) worth it?" According to our live Forecast System, buying a house in Portsmouth is a good short-term (1-year) investment*. The Portsmouth average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Portsmouth" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Portsmouth in Rhode Island State, Newport County. If you are looking for homes for sale with good flipping profit, Portsmouth can be a profitable property investment option. The median price of an average house in Portsmouth was 635,288 USD on 2026-02-16. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Portsmouth" area is 851,339 USD by 2031-02-16. For a 5-year investment the profit is expected to be around +34.01% meaning that investing 100000 USD today may yield a profit of 34,008 USD by 2031.

Current Median Listing Price: 635,288 USD Median Listing Price Per Square Foot: 353 USD

Portsmouth Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Portsmouth (Rhode Island State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Portsmouth Price Target

Portsmouth median home price target in 12 months: $719,136* (upside of 13.2%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $661,775 $675,137 $661,775 $675,137
2024 $606,173 $635,288 $606,173 $635,288
2023 $567,304 $606,147 $567,304 $606,147
2022 $527,741 $568,125 $527,741 $577,857
2021 $453,440 $523,052 $453,440 $523,052
2020 $400,965 $444,677 $0 $444,677
2019 $387,877 $399,098 $387,877 $399,098
2018 $374,025 $387,258 $374,025 $387,632
2017 $348,637 $371,607 $348,637 $371,607
2016 $328,824 $346,548 $328,824 $346,548
2015 $316,591 $327,200 $316,591 $327,200
2014 $316,259 $316,514 $315,902 $319,772
2013 $299,369 $314,416 $299,369 $314,416
2012 $299,541 $298,306 $295,731 $299,541

Questions & Answers about the Portsmouth Housing Market Forecast

How much does an average home cost in Portsmouth today?

The value of an average home (the listing price) in Portsmouth is $635,288 USD.

What is the average price per square foot in Portsmouth?

According to Walletinvestor the median price per square foot in Portsmouth is 353 USD.

Will the median listing price of homes in Portsmouth grow / rise / go up?

Yes. The Portsmouth home prices may rise from 635,288 USD to 719,136 USD in one year.

Is it profitable to invest in Portsmouth homes?

Yes. The long-term profit potential is +13.20% in one year.

Will Portsmouth house prices fall / drop?

No. See above.

What is the predicted price of a Portsmouth home in 2030?

The predicted home sales price of a Portsmouth home in 2030 in Portsmouth is 805,541 USD.

What is the predicted price of a Portsmouth home in 2035?

The predicted home sales price of a Portsmouth home in 2035 in Portsmouth is 1,004,158 USD.

Will real estate prices decrease in Portsmouth?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Portsmouth is the 3889. largest city in the United States, located in Rhode Island State.

During the last 12 months the real estate prices in Newport, Portsmouth decreased, looking at the past 12 months.

According to Walletinvestor's Portsmouth real estate market research, home values will increase in the next 12 months.

Median home values decreased by 4.353% to 635,288 USD, between 2025-02-16 and 2026-02-16

The average annual profit of property investment was:

  • 14.048% in 2021
  • 14.888% in 2022
  • 12.308% in 2023
  • 15.198% in 2024
  • 11.328% in 2025
  • 11.788% in 2026

Based on our Portsmouth real estate market research and report the predicted sales prices will increase by 245.462% in the next 10 years.

Over the last 12 months, the value of homes in Portsmouth fluctuated: increasing 5 times .

Portsmouth (Rhode Island) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Portsmouth Housing Market Forecast with Real Estate Prices for 2025
August 2025 678906 613052 744760
September 2025 682696 630811 734581
October 2025 686507 641197 731816
November 2025 690339 639944 740734
December 2025 694193 658789 729596
Portsmouth Housing Market Forecast with Real Estate Prices for 2026
January 2026 698068 640826 755309
February 2026 701965 655635 748294
March 2026 705228 669262 741195
April 2026 707810 659679 755941
May 2026 711174 662814 759534
June 2026 715144 675096 755192
July 2026 719136 669516 768756
August 2026 723150 672530 773771
September 2026 727187 685737 768637
October 2026 731246 692490 770003
November 2026 735329 672090 798567
December 2026 738126 691624 784628
Portsmouth Housing Market Forecast with Real Estate Prices for 2027
January 2027 736126 666194 806058
February 2027 734132 686414 781851
March 2027 732144 675769 788519
April 2027 730739 660588 800889
May 2027 731299 680109 782490
June 2027 730244 684238 776249
July 2027 730608 660470 800747
August 2027 732063 681550 782575
September 2027 736149 687563 784735
October 2027 740259 700285 780233
November 2027 744391 672185 816597
December 2027 748546 693902 803190
Portsmouth Housing Market Forecast with Real Estate Prices for 2028
January 2028 752725 688743 816707
February 2028 756927 712268 801586
March 2028 760795 718951 802639
April 2028 763788 714906 812671
May 2028 765395 717175 813614
June 2028 765427 721798 809056
July 2028 766650 697651 835648
August 2028 770638 729794 811482
September 2028 774940 730768 819111
October 2028 779266 735627 822905
November 2028 782931 730474 835387
December 2028 785279 734236 836322
Portsmouth Housing Market Forecast with Real Estate Prices for 2029
January 2029 788405 748985 827826
February 2029 791720 714923 868517
March 2029 795085 752150 838019
April 2029 796473 743109 849836
May 2029 798142 729501 866782
June 2029 802597 738389 866805
July 2029 805541 747542 863540
August 2029 808267 757346 859187
September 2029 811142 736517 885767
October 2029 814033 757865 870201
November 2029 816411 741301 891521
December 2029 818803 736923 900683
Portsmouth Housing Market Forecast with Real Estate Prices for 2030
January 2030 823374 759974 886774
February 2030 827970 756765 899176
March 2030 832592 761822 903362
April 2030 837240 766912 907568
May 2030 841914 775402 908425
June 2030 846613 783117 910109
July 2030 851339 806218 896460
August 2030 855298 780031 930564
September 2030 858428 800055 916802
October 2030 862508 781433 943584
November 2030 867323 805743 928903
December 2030 872165 803264 941066
Portsmouth Housing Market Forecast with Real Estate Prices for 2031
January 2031 877033 806871 947196
February 2031 881929 814021 949838
March 2031 886852 840736 932969
April 2031 891803 847213 936393
May 2031 895195 817313 973077
June 2031 892771 826706 958836
July 2031 890352 805769 974936
August 2031 887941 803586 972295
September 2031 886236 805589 966884
October 2031 886917 829267 944566
November 2031 885636 831612 939660
December 2031 886079 840889 931269
Portsmouth Housing Market Forecast with Real Estate Prices for 2032
January 2032 887842 805273 970412
February 2032 892798 845480 940117
March 2032 897782 821471 974094
April 2032 902794 846821 958767
May 2032 907834 828852 986815
June 2032 912901 860866 964937
July 2032 917997 827116 1008879

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.