TenantureLeasing Agent

Latest available · Census ACS 5-Year (2024)

What Is the Median Home Value in Portsmouth city, Virginia?

$246,900/home 7.6%vs 2023 ($229,400)

City · Census ACS 5-Year estimates

The median home value in Portsmouth city, Virginia is $246,900 (±$5,361), based on Census ACS 5-Year estimates (2024). The median gross rent is $1,300/month, and the median household income is $60,491/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.

Housing Metrics for Portsmouth city, Virginia

MetricValue
Median Home Value$246,900
Median Gross Rent$1,300
Median Household Income$60,491
Total Housing Units40,288
Renter-Occupied Units16,944
Renter-Occupied Share42%

How does Portsmouth city, Virginia compare?

Median home value ranked against all cities in Virginia.

Higher home value than 44% of cities in Virginia · 326th of 580

Cheapest: Riverview CDP($38,500)
Priciest: Free Union CDP($1,527,400)
#CityValue
1Free Union CDP$1,527,400
2McLean CDP$1,412,700
3Great Falls CDP$1,411,000
… 322 more …
326Portsmouth city(you are here)$246,900
… 251 more …
578Riverview CDP$38,500
579Boissevain CDP$32,100
580St. Charles CDP$9,999

More data for Portsmouth city, Virginia

Frequently asked questions

What is the median home value in Portsmouth city, Virginia?

The median home value in Portsmouth city, Virginia is $246,900, based on Census ACS 5-Year estimates (2024). This is the self-reported estimated value homeowners believe their property would sell for. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the average rent in Portsmouth city, Virginia?

The median gross rent in Portsmouth city, Virginia is $1,300/month, based on Census ACS 5-Year estimates (2024).

What is the median household income in Portsmouth city, Virginia?

The median household income in Portsmouth city, Virginia is $60,491/year according to Census ACS 5-Year estimates (2024).

How reliable is Census ACS data for small areas?

The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median home value of $246,900 has a margin of error of ±$5,361. In very small areas, MOEs can be large relative to the estimate.

Managing rental properties?

Tenanture helps property managers reply to every inbound lead, qualify applicants against your rules, and handle tenant inquiries automatically.

Get started free
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau. Data from the American Community Survey (ACS) 5-Year Estimates, public domain.