Current Price

$249,319

1 Month Forecast

â–² $263,272

1-Year Forecast *

â–² $278,053

5-Year Forecast *

â–² $327,033

"Is it a good time to buy homes in Portsmouth?" "Does investing in real estate in Portsmouth (Virginia State, Portsmouth City 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 Virginia State, Portsmouth City 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 249,319 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 327,033 USD by 2031-02-16. For a 5-year investment the profit is expected to be around +31.17% meaning that investing 100000 USD today may yield a profit of 31,171 USD by 2031.

Current Median Listing Price: 249,319 USD Median Listing Price Per Square Foot: 139 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 (Virginia 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: $278,053* (upside of 11.5%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $262,948 $261,843 $261,843 $263,543
2024 $237,003 $249,319 $237,003 $249,319
2023 $222,324 $235,633 $222,324 $235,633
2022 $207,914 $222,018 $207,914 $222,018
2021 $182,704 $205,312 $182,704 $205,312
2020 $167,372 $180,938 $167,372 $180,938
2019 $154,597 $166,710 $154,597 $166,710
2018 $149,492 $153,736 $149,492 $153,736
2017 $146,134 $148,724 $146,134 $148,724
2016 $143,452 $145,846 $143,452 $145,846
2015 $139,379 $143,266 $139,277 $143,362
2014 $137,462 $139,427 $137,437 $139,427
2013 $137,419 $137,700 $137,419 $138,324
2012 $144,823 $137,515 $137,508 $144,823

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 $249,319 USD.

What is the average price per square foot in Portsmouth?

According to Walletinvestor the median price per square foot in Portsmouth is 139 USD.

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

Yes. The Portsmouth home prices may rise from 249,319 USD to 278,053 USD in one year.

Is it profitable to invest in Portsmouth homes?

Yes. The long-term profit potential is +11.52% 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 317,613 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 384,470 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 479. largest city in the United States, located in Virginia State.

During the last 12 months the real estate prices in Portsmouth City, 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 5.397% to 249,319 USD, between 2025-02-16 and 2026-02-16

The average annual profit of property investment was:

  • 9.665% in 2021
  • 13.205% in 2022
  • 10.905% in 2023
  • 9.845% in 2024
  • 12.265% in 2025
  • 12.545% in 2026

Based on our Portsmouth real estate market research and report the predicted sales prices will increase by 197.660% in the next 10 years.

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

Portsmouth (Virginia) 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 263272 248792 277752
September 2025 264710 246974 282445
October 2025 266155 241669 290641
November 2025 267608 243256 291960
December 2025 269069 242431 295707
Portsmouth Housing Market Forecast with Real Estate Prices for 2026
January 2026 270538 246731 294346
February 2026 271360 256435 286285
March 2026 272062 251386 292739
April 2026 273548 254947 292149
May 2026 275041 249462 300620
June 2026 276543 259121 293965
July 2026 278053 260535 295570
August 2026 279571 252173 306969
September 2026 281097 261701 300493
October 2026 282632 265109 300155
November 2026 284175 264851 303499
December 2026 285726 268011 303442
Portsmouth Housing Market Forecast with Real Estate Prices for 2027
January 2027 286509 263588 309429
February 2027 286060 270899 301221
March 2027 285740 267738 303742
April 2027 286133 271826 300440
May 2027 287080 265262 308898
June 2027 287476 262753 312199
July 2027 288079 268490 307669
August 2027 288717 268795 308638
September 2027 289962 271404 308520
October 2027 291428 266948 315908
November 2027 293019 268699 317340
December 2027 294619 268398 320840
Portsmouth Housing Market Forecast with Real Estate Prices for 2028
January 2028 296228 274011 318445
February 2028 297845 274911 320779
March 2028 299471 281802 317140
April 2028 300822 277959 323684
May 2028 302161 280406 323917
June 2028 303811 284367 323255
July 2028 305470 284698 326242
August 2028 307137 283795 330480
September 2028 308814 286271 331358
October 2028 310500 285971 335030
November 2028 311683 280515 342851
December 2028 312210 281926 342494
Portsmouth Housing Market Forecast with Real Estate Prices for 2029
January 2029 312593 293212 331974
February 2029 313192 282812 343572
March 2029 313614 285702 341526
April 2029 314365 289216 339514
May 2029 315175 286179 344171
June 2029 316896 297565 336226
July 2029 317613 299191 336034
August 2029 317395 298351 336439
September 2029 316831 286415 347246
October 2029 316492 292438 340545
November 2029 316174 293725 338622
December 2029 315563 294421 336706
Portsmouth Housing Market Forecast with Real Estate Prices for 2030
January 2030 317286 289682 344890
February 2030 319019 302749 335288
March 2030 320760 289005 352516
April 2030 322512 294776 350248
May 2030 324272 303195 345350
June 2030 326043 299307 352778
July 2030 327033 310682 343385
August 2030 327880 302633 353126
September 2030 329670 304615 354725
October 2030 331470 299980 362959
November 2030 333279 308617 357942
December 2030 335099 316669 353530
Portsmouth Housing Market Forecast with Real Estate Prices for 2031
January 2031 336929 310985 362872
February 2031 338768 309973 367563
March 2031 340618 320181 361055
April 2031 342477 325011 359944
May 2031 344347 314045 374650
June 2031 345290 324227 366352
July 2031 344749 313377 376122
August 2031 344364 316126 372601
September 2031 344837 322768 366907
October 2031 345979 325566 366391
November 2031 346456 328440 364471
December 2031 347183 328435 365931
Portsmouth Housing Market Forecast with Real Estate Prices for 2032
January 2032 347951 321507 374395
February 2032 349452 330232 368672
March 2032 351219 322770 379667
April 2032 353136 320648 385625
May 2032 355064 327369 382759
June 2032 357003 333441 380565
July 2032 358952 332389 385514

> 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.