Portsmouth Real Estate

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Portsmouth Real Estate & Homes for Sale in Rhode Island

Welcome to Portsmouth, Rhode Island, a wonderful community located in Newport County. Portsmouth is home to several historic sites including the Battle of Rhode Island Site, a partially preserved area where the Battle of Rhode Island was fought in 1778. The Colt State Park spreads over 464 acres and has beautiful manicured lawns, flowering bushes, and fruit trees. The Herreshoff Marine Museum is another interesting place with exhibits of the original Herreshoff boats, steam engines, photographs, and artifacts.

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Portsmouth Real Estate Market Info - Prices of Houses for Sale in Portsmouth

Buyers looking to purchase a home in the pleasant community of Portsmouth will find that the area predominantly offers listings of single family homes, with a few listings of condos and townhomes. Prices for Portsmouth's single family homes run the pricing spectrum of $49,000 to $6.9million. A 2-bedroom/2 bathroom condo or townhome in Portsmouth starts at $264,000. Land is also available for custom home building.

Portsmouth Real Estate Stats and Trends for the week of February 18th, 2020: homes priced around $570,680 compared to $571,242 the previous week, for a slight decrease of less than -1%.  For Tuesday, February 18th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.

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