Homes for Sale in Portsmouth

The average home price in Portsmouth, Rhode Island, is currently $1,604,520, with a median price of $1,350,000. Prices range widely from $155,000 for more modest properties to $5,699,000 for luxury estates. This reflects the area's mix of historic homes and waterfront properties in a coastal market.

There are currently 15 homes listed for sale in Portsmouth, Rhode Island. With a relatively low inventory, the market favors sellers, and homes tend to stay on the market for an average of 103 days. Buyers should act promptly on desirable listings in this limited pool.

The average home size in Portsmouth is 2,435 square feet, offering spacious options for families and those seeking room for home offices or hobbies. Many properties feature layouts suited to the area's rural and coastal lifestyle, with room for expansions. Expect a variety of styles from colonial revivals to modern builds.

Portsmouth offers diverse neighborhoods like the Village, Common Fence Point, and Sandy Point, each with unique appeals from waterfront access to quiet, tree-lined streets. Areas near the Sakonnet River provide scenic views and boating opportunities, while inland spots offer more affordable entry points. Research local zoning and school districts to match your needs.

With homes averaging 103 days on the market, buyers have time to explore options but should prepare for competition on well-priced properties in this low-inventory market of 15 listings. The buying process involves standard Rhode Island inspections, especially for coastal flooding risks and septic systems common in rural areas. Work with a local realtor familiar with Portsmouth's permitting process for smoother transactions.