Updated May 2026 · Redfin · 3-month window
23702 Real Estate Market Update: Portsmouth, VA, May 2026
The latest housing-market numbers for ZIP code 23702 in Portsmouth, Virginia, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $244K | ▲ +0.5% | ▼ -1.5% |
| Days on market | 38 | ▼ -3.8% | ▲ +4.2% |
| Homes for sale | 33 | ▼ -13.2% | ▼ -44.1% |
| Sale-to-list | 99.3% | ▲ +0.8% | ▼ -0.9% |
| Homes sold | 52 | ▲ +6.1% | ▼ -16.1% |
Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.
What the 23702 numbers say
The 23702 ZIP in Portsmouth is cooling. The median sale price sits at $243,700, 1.5% below last year. Pace is steady: a typical listing goes under contract in about 38 days, with sellers getting 99.3% of list price.
Based on 52 recent sales, 23702 is currently an active market.
What this means if you sell in 23702
Use these figures to set expectations early. Lead a listing appointment with the median price and the 38-day pace, show the year-over-year direction, and frame 23702 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.
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Build the Portsmouth post →Frequently asked: the 23702 housing market
- What is the median home price in ZIP 23702 (Portsmouth, VA)?
- As of May 2026, the median sale price in ZIP 23702 is $243,700 (-1.5% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 23702 a buyer's or seller's market right now?
- ZIP 23702 is currently an active market, based on a 99.3% sale-to-list ratio, about 38 days on market for May 2026.
- How long do homes take to sell in ZIP 23702?
- A typical listing in 23702 goes under contract in about 38 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 23702 market data come from?
- All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.
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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.