Portsmouth City County, VA Housing

Portsmouth city, VA County is an attractive housing market due to its high median value of $222,900 and strong appreciation rate of 15.80%. This median value is far higher than the US average median value of $338,100 and the appreciation rate of 8.27%. This suggests that Portsmouth city, VA County is a desirable location for potential buyers looking for affordable yet rapidly appreciating property values. With a steady population growth in recent years, Portsmouth city, VA County has become an increasingly popular destination for those seeking peaceful living conditions with easy access to amenities and activities.

The median home cost in Portsmouth City County is $222,900. Home appreciation the last 10 years has been 54.9%. Home Appreciation in Portsmouth City County is up 12.9%.

Average Age of Homes

- The median age of Portsmouth City County real estate is 51 years old

The Rental Market in Portsmouth City County

- Renters make up 39.7% of the Portsmouth City County population
- 2.1% of houses and apartments in Portsmouth City County, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Portsmouth City, Virginia	United States
	42,934.0	139,647,020.0
	55	42
	$222,900	$338,100
	12.9%	16.6%
	42.4%	57.0%
	54.9%	101.1%
	$11.94	$10.98
	$2,181	$2,690
	50.0%	57.4%
	10.2%	11.2%
	39.8%	31.4%
Vacant Housing
	2.1%	1.9%
	0.5%	0.4%
	1.7%	0.7%
	0.3%	0.4%
	0.4%	3.6%
	5.2%	4.1%
Value of Owner-Occupied Housing
	1.6%	2.6%
	0.3%	2.4%
	0.7%	2.8%
	1.4%	3.9%
	5.1%	4.5%
	21.1%	11.3%
	26.3%	13.0%
	33.1%	20.1%
	6.1%	13.6%
	2.1%	8.3%
	1.3%	9.7%
	0.4%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	5.9%	13.6%
	5.9%	13.6%
	8.4%	13.6%
	11.0%	13.2%
	14.8%	14.8%
	8.4%	13.6%
	16.6%	10.0%
	12.7%	4.7%
	12.4%	12.2%

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