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Portsmouth

Why you'd want to live in Portsmouth

Portsmouth, N.H., a city of roughly 21,000 people, sits near the mouth of the Piscataqua River, a short, wide river that divides New Hampshire and Maine. The city also is at the hub of a metropolitan region that includes the cities of Rochester and Dover, N.H., and many towns – Exeter, Hampton, Greenland, Stratham, Newington, and Rye, N.H.; Kittery, Eliot, South Berwick and York, Maine; and others. Settled in 1623, Portsmouth claims to be the nation’s third-oldest city. It served as a focal point on the Eastern seaboard until the late 1800s when rail travel did in the shipping industry. John Paul Jones’ ship The Ranger was built in Portsmouth, and the Portsmouth Naval Shipyard (which lies across the river in Maine) was established in 1800 as the country’s first Naval shipyard. The geographic location, historic past and cultural strength of Portsmouth regularly lands it on various “best places to live” lists. The region as whole is noted for its many restaurants, attractions and shopping opportunities, which include downtown Portsmouth, outlet malls in Kittery, Maine, as well as major malls in Newington, New Hampshire. via portsmouthnh.com

Portsmouth Market Report

$1,168,293

AVERAGE PRICE OF 127 HOMES

$724,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,887,776

AVERAGE PRICE OF 53 MULTI-MILLION DOLLAR HOMES

$1,142,745

AVERAGE PRICE OF 74 NEWLY BUILT HOMES

$814,950

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $1,168,293
Avg Bedrooms 2.53 beds
Avg Bathrooms 2.36 baths

Average Price by Bedrooms

1 bedroom $610,516
2 bedrooms $736,302
3 bedrooms $1,491,033
4 bedrooms $1,722,558
5 bedrooms $2,566,333
Portsmouth Home Price Trends
  12/2024 11/2024 10/2024 9/2024 8/2024
Total Listings 152 163 159 144 124
Average Price $1,224,648 $1,288,387 $1,355,085 $1,254,891 $1,166,627
Avg Price Change -5.20% -5.18% +7.98% +7.57% +8.63%
Median Price $840,355 $853,368 $893,261 $831,135 $812,729
Med Price Change -1.55% -4.67% +7.47% +2.26% +4.81%
Avg Bedrooms 2.63 beds 2.7 beds 2.8 beds 2.75 beds 2.71 beds
Avg Bathrooms 2.41 baths 2.47 baths 2.57 baths 2.43 baths 2.39 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Portsmouth High School 88 $1,051,738 175 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 127 $1,168,293 160 days
Distressed Homes 1 $724,000 279 days
Multi-Million Dollar Homes 53 $1,887,776 144 days
Newly Built Homes 74 $1,142,745 210 days
Reduced Price Homes 2 $814,950 96 days

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RE/MAX Home Connection
Greg & Cindy Colby
10 S. Main Street
Rochester, NH 03867
603-948-1600

neren-logo.png Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated January 15, 2025.
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