We buy houses in Portsmouth, VA
Sell your house fast in Portsmouth, VA, for cash and as-is.
Portsmouth has about 97,000 people and a lot of older houses that are hard to sell the normal way. We buy them for cash, as-is, from Olde Towne and Park View to Cradock, Churchland and Westhaven.
Maybe it's a Victorian in Olde Towne that needs a new roof, a rental you're tired of managing, or a parent's house in Cradock that has been sitting empty. Send us the address and you'll have a cash number within 24 hours. You don't fix anything, clean anything or pay an agent.
Prefer to talk? Call or text (443) 806-8068Get your cash offer
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Portsmouth housing by the numbers
- 97,190
- Residents
- $246,900
- Median home value
- 1967
- Typical home built
- 57.9%
- Owner-occupied homes
The typical Portsmouth house went up around 1967, and plenty are much older than that. Original plumbing, old wiring and tired roofs are common, and those repairs make buyers walk away. About four in ten homes are rentals, so we also talk with a lot of landlords who want out without fixing anything first.
Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates.
The kinds of Portsmouth houses we buy
Portsmouth is one of the oldest cities in Virginia, and the houses show it. Olde Towne has Victorians and Federal-style rowhouses from the 1800s. Park View and Prentis Park have bungalows and brick two-stories from the early 1900s. Cradock has block after block of brick and frame homes built for shipyard workers, and Churchland and the west side have ranches and split-levels from the 1960s and 70s. Older homes here tend to need the same things: knob-and-tube or outdated wiring, galvanized pipes, settled floors and roofs that were last done a decade ago.
Water is the other factor. Low streets near the Elizabeth River and the creeks in Port Norfolk, Hodges Manor and Waterview flood in heavy rain and high tides, and a wet crawlspace or a ruined first floor scares off most buyers. We buy all of it. Condition changes the price, not whether we make an offer. That includes rowhouses, duplexes, flooded houses, vacant houses and houses with tenants still living in them.
We buy Portsmouth houses in any condition
Leave the cleanup, the repairs and anything you don't want to us. We took these photos on real walkthroughs, and this is the condition we buy houses in.
The Portsmouth situations we buy in
Flood damage or a wet crawlspace
Portsmouth sits on tidal water, and a nor'easter or a hard summer storm can push water onto low streets. Soaked floors, mold and a damp crawlspace stop most retail sales. We price the repair into our offer and buy the house as it is.
An old house that needs everything
A 1920s bungalow or an Olde Towne rowhouse can need wiring, plumbing, a roof and new floors all at once. Fixing it first costs more than most owners have. You don't have to touch it. We make an offer on the house the way it stands today.
The rental you're done with
Close to four in ten Portsmouth homes are rented, and a lot of owners are tired landlords. If a tenant stopped paying, or the place needs work between leases, we buy rentals with the tenants still living there and work out a plan for them with you.
Behind on the mortgage
Most Virginia foreclosures never go through a courtroom. A trustee sells the house at auction. If you live in it, the trustee has to mail you written notice at least 60 days before the sale. If you're behind, call early. Selling before the sale date pays off the lender at closing.
A house you inherited
If the house came to you through a parent's estate, you don't have to clean it out, fix it up or list it. We can make an offer now and close once the estate paperwork lets you sign.
A Navy move or a new job
Orders come fast around Norfolk Naval Shipyard, and a house can turn into a payment you can't carry from another state. We can close in 30 days or less, or on the date your move needs.
How selling for cash works in Portsmouth
Here is how a cash sale works in Portsmouth. You call or send the form, we look at the house and send a cash offer within 24 hours, and if you say yes, a local title company handles the closing. You pick the closing date.
If you're behind on your mortgage, timing matters more. In Virginia the lender's trustee runs the foreclosure, with no judge involved. The ad for the sale has to run in a local newspaper, and the sale can't happen sooner than eight days after the first ad or more than 30 days after the last one. If you live in the house, the trustee also has to mail you written notice at least 60 days before the sale.
The trustee can hold the auction at the house itself or in front of the Circuit Court building at 1345 Court Street, and the notice says which. If we buy the house before the sale, the lender is paid off at closing and the sale is cancelled. The earlier you reach out, the more room there is to make that work.
How it works
Three steps to a cash sale.
Tell us about the house
Call us or fill out the short form. Give us the address and tell us about the condition of the house and your situation. That is enough to start.
Get your cash offer
We review the house and send you a fair cash offer within 24 hours. You'll see how we got to the number, and you're under no obligation to take it.
Close on your date
You pick the closing date. Closing in 30 days or less is possible, and a later date is fine if you need more time. A title company handles the paperwork and you walk away with cash.
Refreshed monthly
September 2026: what the Portsmouth city, VA market looks like
- Typical asking price
- $295,250
- Houses listed
- 288
- Typical days listed
- 35
- Newly listed this month
- 162
- Sellers who dropped their price
- 21.6%
- Pending sales
- 1
- Asking price vs. last year
- +7.4%
In September 2026, 288 houses were listed in Portsmouth city, VA, down 10% compared with last year. Half were priced above $295,250 and half below, and the typical house had been listed for 35 days. About 1 in 5 sellers lowered the price they were asking that month.
Those 35 days measure time after the listing starts. Before that, repairs and cleanup can take weeks. Afterward, the buyer's lender may need about a month to finish closing. Listing may bring you the highest price if the house is updated and you have time to wait. A cash sale lets you skip that wait when the property needs repairs, is tenant occupied, or you need to sell sooner. Ask us for a cash price to compare with a listing.
| Month | Typical asking price | Typical days listed | Houses listed |
|---|---|---|---|
| Oct '25 | $279,000 | 39 | 311 |
| Nov '25 | $279,900 | 39 | 330 |
| Dec '25 | $279,225 | 50 | 294 |
| Jan '26 | $276,900 | 54 | 273 |
| Feb '26 | $275,000 | 42 | 257 |
| Mar '26 | $279,000 | 35 | 254 |
| Apr '26 | $287,225 | 33 | 257 |
| May '26 | $285,000 | 35 | 272 |
| Jun '26 | $287,000 | 37 | 279 |
| Jul '26 | $287,500 | 39 | 294 |
| Aug '26 | $288,950 | 37 | 292 |
| Sep '26 | $295,250 | 35 | 288 |
Source: Realtor.com Economic Research, Portsmouth city, VA listing figures. We update these after the monthly data is released.
Run the numbers on a Portsmouth sale
Expect a cash price below what you would ask when listing the house. A buyer who promises otherwise is preparing to lower the offer after you commit.
Start with what you would keep from the sale. In Portsmouth, the median home value is about $246,900. At that price, a six percent commission takes $14,814, with repair bills still to come. Count the repairs the buyer asks for after the inspection. Add months of mortgage payments, property taxes, insurance and utilities while you wait to sell. Then compare what is left with our cash price.
Listing can still leave you with more money. When it does, listing is the right choice. We want to tell you that upfront so you do not sell to us and later regret taking the house off the market.
A simpler way to sell your Portsmouth house
Selling with a real estate agent
- Six percent in commissions off your sale price
- Repairs, cleanup and staging before it lists
- Showings with strangers walking through your home
- Two to three months on the market, then a wait to close
- Deals that fall through when the buyer's loan does
Selling to MalBuysHouses Nationwide
- A cash offer within 24 hours
- Pick your closing date, as soon as 30 days or less
- No repairs and no cleanup. Sell it as-is
- No agent commissions and no closing costs
- One honest offer and no pressure to take it
What sellers say about working with Mal
"Malachi saved us from losing everything. We closed in 9 days and walked away with cash in hand. He was honest the whole way through — no pressure, no games."
"I was three months behind and didn't know what to do. Memorable Home Buyers explained everything clearly and made a fair offer the same day I called. Highly recommend."
"Malachi was a pleasure to work with. We inherited a home that we could not pay the repairs on. He gave us a fair price, and closed exactly when he said he would. Was a quick, easy and very convenient process."
"I had only 8 days left to stop my foreclosure. Malachi came in and showed me what options I had left, and once we agreed on me selling he purchased the home and was able to prevent that stuff on my record. I appreciate him for helping us."
"Me and my husband had a property we just didn't want to deal with anymore. It had leaks in the roof, needed a new water heater and a bunch of other stuff we didn't have the energy to fix anymore. Mal gave us a fair cash offer and made our downsizing process simple"
Four questions, about a minute
What should you do with your Portsmouth house?
Tell us a little about the house and your timing, and we will show you which options fit yours. Then, if you would like a cash offer, you can request one in one more step.
Question 1 of 4
What's going on with the house?
Our promise to you
Four things you can count on when you sell to us
Mal is your contact throughout the sale, from your first call through closing. We make these four promises for every house we buy.
The number holds
Your settlement statement will show the price we agreed to if the property is as you described it by phone. If we find a major issue during the walkthrough that you had not mentioned, we explain the difference to you before proceeding.
A contract you can read
We use plain English in our purchase agreement. Bring it home for your family to read. Before signing, ask us to explain any part you have questions about.
You pick the date
On our first call, let us know when you need to close. If that date will not work for us, we tell you during that call. You will know before making a commitment.
An honest answer, even when it costs us the sale
We tell you when selling through an agent would bring you more money. A cash sale does not suit everyone. We want you to hear that from us.
Whatever's going on with your Portsmouth house, we can help.
Owners sell for many different reasons. If the house has become more trouble than it is worth, tell us. We won't judge, and you don't have to sell.
Guides for Virginia homeowners
Plain answers to the questions sellers ask us most.
General · How it works · 6 min read
How selling a house for cash works, step by stepGeneral · Costs · 6 min read
Who pays closing costs when you sell to a cash buyer?General · Repairs · 6 min read
Can you sell a house with foundation problems?General · Inherited homes · 7 min read
Inherited a house you don't want? What to do firstGeneral · Landlords · 6 min read
Can you sell a house with tenants living in it?General · Foreclosure · 6 min read
Behind on your mortgage? Your options before a foreclosure saleGeneral · How it works · 6 min read
Cash offer or list with an agent? Work out the real numbers
Where we buy in Portsmouth
- Olde Towne
- Park View
- Prentis Park
- Cradock
- Churchland
- Westhaven
- Port Norfolk
- Highland Biltmore
- Hodges Manor
- Waterview
- Woodlawn
- Brighton
- Craddock Terrace
- Mount Hermon
Nearby areas we also buy in
Portsmouth sellers ask us these
Straight answers, no sales pitch.
Where we buy
We buy houses nationwide.
These are the states where we buy the most. If your house is somewhere else in the US, send it over anyway and we'll tell you quickly if we can make an offer.
Get your cash offer today.
Tell us where the house is and briefly describe its condition. We will give you a fair cash offer without any commitment to sell. You leave the repairs and the cleanup to us.