23702 — Portsmouth, VA Home Values
Typical home value $230,648 as of June 2026 · 101st of 108 in Virginia Beach-Norfolk-Newport News, VA-NC
Blue: typical home value (Zillow ZHVI) in ZIP code 23702, June 2021 to June 2026. This page shows observed data only; no forecast.
How 23702 compares in the Virginia Beach-Norfolk-Newport News, VA-NC area
ZIP code 23702 (Portsmouth, VA) has a typical home value of $230,648 as of June 2026, ranking 101st of 108 ZIP codes tracked in the Virginia Beach-Norfolk-Newport News, VA-NC area, more expensive than about 7% of ZIP codes in the metro. Prices here have moved -0.5% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +31.8%, from $175,015 in June 2021 to $230,648 in June 2026. Against observed rent, the typical home here sells for 12.2× the annual rent ($1,576/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Virginia Beach-Norfolk-Newport News, VA-NC forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Virginia Beach.
Population and demographics
ZIP code 23702 has a population of 12,087, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 51.5% Black or African American, 34.5% White, 7.4% Hispanic or Latino, 5.1% two or more races, 1% Asian, 0.5% American Indian or Alaska Native, and 0.1% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Cradock Technical & Career Center | 4300 George Washington Highway, Portsmouth, VA | 0.2 mi |
| Cradock Elementary | 18 Dahlgren Ave, Portsmouth, VA | 0.5 mi |
| Victory Elementary | 2828 Greenwood Drive, Portsmouth, VA | 0.6 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 23702?
$230,648 as of June 2026, the latest month Zillow has published observed data for.
Is 23702 an expensive ZIP code in the Virginia Beach-Norfolk-Newport News, VA-NC area?
23702 ranks 101st of 108 ZIP codes in the Virginia Beach-Norfolk-Newport News, VA-NC area by typical home value, more expensive than about 7% of ZIP codes in the metro.
How much have home values in 23702 changed over the past year?
-0.5% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 23702?
The typical home price is 12.2× the observed annual rent in this ZIP code ($1,576/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 23702?
12,087, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 23702?
Cradock Technical & Career Center (0.2 mi), Cradock Elementary (0.5 mi), Victory Elementary (0.6 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 23702?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Virginia Beach-Norfolk-Newport News, VA-NC forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.