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Portsmouth (zip 23704), Virginia   Add Favorite    0 Reviews | Review This Place

Find your Best Mortgage in Portsmouth: Fixed Rate, Adjustable Rate, 30 years, 15 years.


-Nearby water recreation
-Educated population
-Stable economy


-Growth and sprawl
-Rising costs
-Air service

What Bert Has To Say About Virginia Beach-Norfolk-Newport News Metro Area

This complex area straddles the waterway known as Hampton Roads, a large bay that empties into the Chesapeake Bay and Atlantic Ocean. It is the largest metropolitan area in the state in terms of population, and offers an interesting mix of urban, suburban, waterfront and inland environments. The cities of Norfolk, Chesapeake, and Portsmouth are to the south of the waterway, with the large and rapidly growing Virginia Beach located a few miles to the east along the Atlantic Shore. Hampton and Newport News lie to the north across a long bridge-tunnel connection. The natural harbor makes for one of the best ports on the East Coast, and shipping and shipbuilding activity are paramount, along with fishing and seaport-related commerce.

Bert Suggests test-driving a neighborhood in Portsmouth with an affordable short term rental. Click here to find the right place on Airbnb.


  • Profile: Large-city complex
  • Time zone: Eastern Standard Time
  • Elevation: 30
  • Real Estate: For Sale  For Rent
  • City: Portsmouth
  • Zip Codes: Portsmouth (zip 23704)

Quick Facts About Portsmouth

    The unemployment rate in Portsmouth (zip 23704) is 6.00 percent(U.S. avg. is 5.20%). Recent job growth is Negative. Portsmouth (zip 23704) jobs have Decreased by 0.22 percent.
    Compared to the rest of the country, Portsmouth (zip 23704)'s cost of living is 11.80% Lower than the U.S. average.
    As of 2014, Portsmouth (zip 23704)'s population is 18,208 people. Since 2000, it has had a population growth of -21.83 percent.
    Average Commute time is 23 minutes. The National Average is 26 minutes.
    The median home cost in Portsmouth (zip 23704) is $119,500. Home appreciation the last 10 years has been -13.02%.
    Portsmouth (zip 23704) public schools spend $11,188 per student. The average school expenditure in the U.S. is $12,383. There are about 15.1 students per teacher in Portsmouth (zip 23704).

Portsmouth Ranked & Rated

Portsmouth Housing Market

It's not a good time to buy in Portsmouth. Home Appreciation is down -4.4% in the last 12 months. Browse Portsmouth Real Estate.
The median home price in Portsmouth is $119,500. Browse Homes in this Range.
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