Portsmouth, VA Real Estate
According to census data in the year 2000 there were 41,605 housing units in Portsmouth.
This represents a 1.6% decline from 42,283 in 1990.
Of those housing units, 41,605 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Portsmouth is about 58.5%.
Portsmouth's vacancy rate, including seasonal lodging, is about 8.3%.
Average household size is 2.51 people.
The majority of houses, apartments or condos in Portsmouth were built after 1961.
|Housing Units by Size|
|Five Bedrooms or more||1.40%|
Owned Homes, Apartments and Condos
|Average Household Size||2.56|
|Median year structure was built||1960|
|Median Value of occupied units||$81,300|
|Median Price asked for vacant units||$64,400|
Rented Homes, Apartments and Condos
|Average Household Size||2.43|
|Median year structure was built||1964|
|Median Monthly Rent asked for vacant units||$415|
Owners Finance Status
|Second Mortgage & Equity Loan||0.30%|
|Home Equity Loan||6.90%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||20.7%|