The story of this market
The typical home in ZIP 23709 sells for about $215,000, or $176 per square foot.
Prices are roughly flat from a year ago (0%), a market in balance. Homes take about 86 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,520 a month.
ZIP 23709 — Portsmouth
The housing market in ZIP 23709 is characterized by very low transaction volume, with limited recent sales data available. The area features a small population and exceptionally short commute times compared to the broader Virginia Beach-Chesapeake-Norfolk metro region. Market activity is currently too sparse to determine clear price trends or inventory pressure.
This area is primarily suited for individuals seeking short commute times and proximity to the regional employment core, given the very low mean travel time to work.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 86 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 0.0% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 23709
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The mean travel time to work is approximately 13 minutes, which is significantly lower than the regional metro area average.
The area is part of the Virginia Beach-Chesapeake-Norfolk metro economy, which is heavily influenced by military and maritime industries.
Data retrieved from Census Reporter profile for ZCTA 23709.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.