Foreclosure Homes in Portsmouth, RI

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View this home at E Main Rd Portsmouth RI 02871
View this home at Kenneth Ave Portsmouth RI 02871
$374,417 EMV

3 Bed | 1 Bath | 936 Sq. Ft.

View this home at Hargraves Dr Portsmouth RI 02871
$904,825 EMV

4 Bed | 3.5 Bath | 3,405 Sq. Ft.

View this home at Ferry Landing Cir Portsmouth RI 02871
View this home at Corys Ct Portsmouth RI 02871
$325,074 EMV

3 Bed | 1 Bath | 912 Sq. Ft.

View this home at Quail Rd Portsmouth RI 02871
$408,170 EMV

2 Bed | 2 Bath | 1,516 Sq. Ft.

View this home at Donna Dr Portsmouth RI 02871
$253,385 EMV

3 Bed | 2 Bath | 1,344 Sq. Ft.

View this home at Sprague Ct Portsmouth RI 02871
$300,985 EMV

3 Bed | 1 Bath | 1,167 Sq. Ft.

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Home Value Estimator For Portsmouth, RI

There are currently 7,034 real estate properties in Portsmouth, RI, with a median automated valuation model (AVM) price of $535,300.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Portsmouth, RI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Portsmouth, RI, is $642,505.00, with the most expensive house in Portsmouth, RI, topping out at $12,605,900.00 and the cheapest home in Portsmouth, RI, clocking in at $54,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Portsmouth, RI!

Rent Prices In Portsmouth, RI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Portsmouth, RI, is on a rollercoaster ride. The average rent price in Portsmouth, RI, is $2,199.00. Indeed, when looking to rent in Portsmouth, RI, you can expect to pay as little as $990.00 or as much as $4,600.00, with the average rent median estimated to be $2,120.00. The good news is that finding an affordable and desirable property to rent in Portsmouth, RI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Foreclosure Homes in Portsmouth, RI

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Portsmouth, RI area at Get information on foreclosure homes for rent, how to buy foreclosures in Portsmouth, RI and much more. Save thousands at closing with home foreclosure listings in Portsmouth, RI — up to 75% off market value!

Top Reasons To Live In Portsmouth, RI In 2023

Portsmouth is located in Newport, Rhode Island, with an estimated municipal population of 17,363 residents. All of the best foreclosed homes for sale in Portsmouth are located in the following zip code areas on 02872 02871. The estimated population per square kilometer (.62 miles) in Portsmouth is 291.

Cost Of Living In Portsmouth, RI

So, about how much do homes cost in Portsmouth? The most recent median value of resident-owned homes in Portsmouth is 384,268. An estimated 77.4 percent of households in Portsmouth own their homes, with an average family size of 2.85. The median household income in Portsmouth is 100,453, with50.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Portsmouth, the median commute time of resident workers (in minutes) is 24.5. And last, but certainly not least, are you looking for homes to rent in Portsmouth? If so, the average rent price paid by renters in Portsmouth is 1,450, according to recent statistics.

Diversity And Demographics In Portsmouth, Rhode Island

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Portsmouth, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Portsmouth is 47.7, split between 49.9 percent male versus 50.1 female. The percentage of residents who report being married in Portsmouth is 57.8, with an average family size of 2.85.

The percentage of residents who report their race in Portsmouth is as follows:

White 95.3%
Black / African American 1.5%
Asian 0.7%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.2%
Other 0.3%

Looking for family-friendly neighborhoods in and/or near Portsmouth? Or maybe you are searching for 55+ active adult communities in and/or near Portsmouth?

The percentage of residents who report their age in Portsmouth is as follows:

Under 10 8.9%
Aged 10-19 14.1%
20s 8.2%
30s 8.9%
40s 13.2%
50s 17.3%
60s 13%
70s 10%
80+ 6.3%

Best Schools In Portsmouth, Rhode Island

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Portsmouth with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Portsmouth.

Pros And Cons Of Living In Portsmouth, Rhode Island

How do you know that living in -- or moving to -- Portsmouth is right where you need to be? Perhaps you grew up in Portsmouth or already live nearby; therefore, the decision to buy a home in Portsmouth is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Portsmouth for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Portsmouth:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Portsmouth.

Reasons To Move To Portsmouth, Rhode Island, In 2023

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Portsmouth can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Portsmouth, meanwhile, can field multiple offers from more qualified buyers.

Portsmouth, RI Foreclosures


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