Comprehensive market data and analysis• Updated Oct 2026
12.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 3 | 3 | 4 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 3 | 3 | 4 |
Acreage buckets
The median price for land in Portsmouth County, Virginia is currently $1.1M per acre. For a typical parcel, the median sale price is $74K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $28K while premium lots reached $120K.
Portsmouth County, Virginia is currently a strong buyer's market with 12.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Portsmouth County, Virginia currently has 12.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
Land in Portsmouth County, Virginia typically sells within 110 days of listing. The median time on market is 3 days. Properties are moving at a moderate pace in the current strong buyer's market.
Land in Portsmouth County, Virginia averages $1.1M per acre. The median price per acre is $1.1M, which may be more representative of typical transactions. Most parcels sold are around 3,049 sq ft.
The current absorption rate in Portsmouth County, Virginia is 8.3% (3-month basis), indicating moderate demand. The top-performing broker in this market is United Real Estate Richmond.
The median land price in Portsmouth County, Virginia stands at $74K. This translates to roughly $1.1M per acre for the typical parcel size.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Portsmouth County on LandyDandy.
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