Directly opposite Norfolk, Virginia, the city of Portsmouth has miles of waterfront land on the Elizabeth River.  The Portsmouth real estate market includes many waterfront homes.  Portsmouth is a convenient place to live as it has excellent railroad and interstate highway connections to the rest of Virginia and beyond.

Portsmouth’s real estate market reflects the diversity of the people who settle here.  The Norfolk Naval Shipyard is actually located in Portsmouth.  The shipyard builds, remodels and repairs the Navy’s ships of all types.

A new marine terminal for transloading of container ships will have a positive effect on Portsmouth’s economy and Portsmouth’s real estate values.  There are also historic homes in Olde Towne Portsmouth and in the Port Norfolk neighborhood of Portsmouth.