Home Values

Portsmouth Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$303,800

  • -5.3% 1-year change
  • 0.3% 1-year forecast

The median home value in Portsmouth is $303,800. Portsmouth home values have declined -5.3% over the past year and Zillow predicts they will rise 0.3% within the next year. The median list price per square foot in Portsmouth is None.

Foreclosures will be a factor impacting home values in the next several years. In Portsmouth 1.2 homes are foreclosed (per 10,000). This is lower than the Providence Metro value of 5.5 and also lower than the national value of 3.9

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Portsmouth is 5.6%, which is lower than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Portsmouth homeowners underwater on their mortgage is 9.6%, which is lower than Providence Metro at 18.2%.

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Relative ZHVI
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Portsmouth Market Overview

Data through Apr 30, 2015
  • $303,800 ZHVI
  • 0.3% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Apr 30, 2016)
  • No data Median listing price
  • No recent data Median sale price
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Portsmouth Market Health

Data through Apr 30, 2015
  • No recent data Healthy
  • No data Average days on Zillow
  • 9.6% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 5.6% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

1.2 homes Portsmouth
5.5 homes Providence Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Jamestown $513,200
Little Compton $460,200
Newport $361,700
Name Median ZHVI
Barrington $344,900
Middletown $308,900
Bristol $267,500
Name Median ZHVI
Town of Tiverton $232,300
Warren $226,400
Swansea $223,400

Listings & Sales

  • No data
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Portsmouth Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $2,080 Portsmouth
    $1,543 Providence Metro
    $1,364 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 3.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No data Rent list price
  • $1.27 Rent list price / sq ft
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