Is Portsmouth, NH 03801 a buyer’s or seller’s market?
Portsmouth is a seller’s market. With about 3.6 months of supply and 28% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 56% of U.S. ZIP codes, and #80 of 116 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Portsmouth housing market right now
In the three months ending August 31, 2026, 28% of homes in Portsmouth, NH 03801 sold above their list price, the typical home went under contract in 43 days and there were 3.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 103 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (27% then), homes sold more slowly (32 days then) and the median sale price fell 8% to $786,660. Overall, Portsmouth is less competitive than a year ago, which gives buyers more room.
Within Rockingham County, homes here sell more slowly than in 76% of the county’s ZIP codes, and sell less often over asking than in 85%. On our competition score, Portsmouth ranks #80 of 116 NH ZIP codes with enough sales (score 55 out of 100).
Nearby, buyers who want less competition could look at Rye 03870 (16% sold over asking) or Hampton Falls 03844 (17% sold over asking), while Danville 03819 (75% sold over asking) and Plaistow 03865 (75% sold over asking) are even more competitive.
Run the numbers for 03801
Nearby markets
Atkinson 03811Seller’s market $297 /sq ftAuburn 03032Seller’s market $294 /sq ftCandia 03034Seller’s market $294 /sq ftChester 03036Seller’s market $298 /sq ft Browse all markets →Towns like Portsmouth nearby
Find towns like Portsmouth in other states →Where Portsmouth is
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Questions about Portsmouth real estate
Is Portsmouth a buyer’s or seller’s market?
A seller’s market: there were 3.6 months of supply in Portsmouth, NH 03801 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Portsmouth?
The typical home went under contract in 43 days in the latest three months.
Do homes in Portsmouth sell over asking?
28% of homes sold above their original list price, and the typical sale closed at 99.3% of the list price.
What are property taxes in Portsmouth?
About 1.58% of a home’s value a year in Rockingham County, or roughly $6,320 on a $400,000 home.
What is the median home price in Portsmouth?
The median sale price was $786,660 in the three months ending August 31, 2026, about $534 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology