Portsmouth, RI Housing Market
The Portsmouth housing market is somewhat competitive. The median sale price of a home in Portsmouth was $804K last month, up 6.2% since last year. The median sale price per square foot in Portsmouth is $353, up 2.0% since last year.
Portsmouth Housing Market Trends
In April 2024, Portsmouth home prices were up 6.2% compared to last year, selling for a median price of $804K. On average, homes in Portsmouth sell after 68 days on the market compared to 44 days last year. There were 15 homes sold in April this year, down from 20 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Portsmouth housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 1% below list price and go pending in around 37 days.
- Hot homescan sell for about 2% above list price and go pending in around 6 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 2% below list price and go pending in around 42 days.
- Hot homescan sell for about 1% above list price and go pending in around 10 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% above list price and go pending in around 22 days.
- Hot homescan sell for about 5% above list price and go pending in around 7 days.
Portsmouth Migration & Relocation Trends
- Across the nation, 2% of homebuyers searched to move into Portsmouth from outside metros.
- New York homebuyers searched to move into Portsmouth more than any other metro followed by Hartford and Washington.
- 83% of Portsmouth homebuyers searched to stay within the Portsmouth metropolitan area.
- Portland was the most popular destination among Portsmouth homebuyers followed by Lebanon and Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 3,455 | ||
2 | 1,575 | ||
3 | 383 | ||
4 | 371 | ||
5 | 279 | ||
6 | 276 | ||
7 | 123 | ||
8 | 34 | ||
9 | 26 | ||
10 | 22 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 3,341 | ||
2 | 1,554 | ||
3 | 1,475 | ||
4 | 924 | ||
5 | 894 | ||
6 | 865 | ||
7 | 805 | ||
8 | 655 | ||
9 | 395 | ||
10 | 373 |
Home offer insights for Portsmouth
Recent offers
View houses in Portsmouth that sold recently
Recently sold homes
- $490,000 Last Sold Price3 beds2 baths2,172 sq ft243 Turnpike Ave, Portsmouth, RI 02871List Price$465,000Sale to List5% over listDays on Market47 days243 Turnpike Ave, Portsmouth, RI 02871
- $581,000 Last Sold Price3 beds2 baths1,872 sq ft2335 West Main Rd, Portsmouth, RI 02871List Price$545,000Sale to List7% over listDays on Market38 days2335 West Main Rd, Portsmouth, RI 02871
- $912,600 Last Sold Price3 beds3.5 baths1,920 sq ft1 Tower Dr #1003, Portsmouth, RI 02871List Price$929,000Sale to List2% under listDays on Market39 days1 Tower Dr #1003, Portsmouth, RI 02871
- $430,000 Last Sold Price2 beds2 baths1,085 sq ft74 Valley Ln, Portsmouth, RI 02871List Price$439,000Sale to List2% under listDays on Market68 days74 Valley Ln, Portsmouth, RI 02871
- $710,000 Last Sold Price3 beds2 baths2,452 sq ft51 James Ct, Portsmouth, RI 02871List Price$775,000Sale to List8% under listDays on Market29 days51 James Ct, Portsmouth, RI 02871
- $875,000 Last Sold Price3 beds2.5 baths3,096 sq ft42 Lepes Rd, Portsmouth, RI 02871List Price$885,000Sale to List1% under listDays on Market70 days42 Lepes Rd, Portsmouth, RI 02871
- $549,000 Last Sold Price2 beds2 baths1,552 sq ft69 Cornell Dr Unit NA, Portsmouth, RI 02871List Price$549,000Sale to List0% over listDays on Market113 days69 Cornell Dr Unit NA, Portsmouth, RI 02871
- $549,000 Last Sold Price2 beds2 baths1,552 sq ft69 Cornell Dr, Portsmouth, RI 02871List Price$549,000Sale to List0% over listDays on Market115 days69 Cornell Dr, Portsmouth, RI 02871
See all recently sold homes in Portsmouth.
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Schools in Portsmouth
- Elementary
- Middle
- High
GreatSchools Rating
10/10 Howard Hathaway School Public • K-4 | 416 Students | 6 reviews |
9/10 Melville School Public • PreK-4 | 335 Students | 7 reviews |
8/10 Portsmouth Middle School Public • 5-8 | 650 Students | 8 reviews |
8/10 Joseph H. Gaudet School Public • 5-8 | 619 Students | 12 reviews |
6/10 Fort Barton School Public • K-4 | 208 Students | 1 reviews |
Climate's impact on Portsmouth housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Portsmouth.
Flood Factor - Moderate
Flood Factor
Fire Factor - Minor
Fire Factor
Wind Factor - Severe
Wind Factor
Wind likelihood over time
Heat Factor - Major
Heat Factor
Transportation in Portsmouth
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