Portsmouth Homes

Welcome to MR Rivera Realty – Your Trusted Partner in Portsmouth VA Real Estate

If you’re looking to buy or sell a home in Portsmouth VA, you’ve come to the right place. At MR Rivera Realty, we provide expert real estate services to help home sellers and home buyers make informed decisions.

Portsmouth VA is a great place to live, work and raise a family. We’re proud to serve the community and to provide you with a comprehensive guide to the real estate market, local businesses, school information and city services.

The State of the Real Estate Market

The real estate market in Portsmouth VA is strong and has remained relatively stable over the past few years. The median home value in Portsmouth is $173,000, which is slightly below the national average. The housing market has seen steady growth over the past few years, with an increase in home sales and prices.

Despite the impact of the COVID-19 pandemic, the real estate market in Portsmouth VA has remained resilient, and home sales have continued to be strong. This is due in part to the low interest rates that have made it more affordable for homebuyers to purchase a home.

The State of Business

Portsmouth VA is a thriving community with a diverse economy that is supported by a range of businesses. The city is home to a variety of industries, including healthcare, retail, manufacturing, and hospitality. The unemployment rate in Portsmouth is slightly above the national average, but the city has seen job growth over the past few years.

The city of Portsmouth VA is also home to a number of small businesses, which are an important part of the local economy. These businesses help to create jobs, support the community, and provide goods and services to residents.

Top 5 Reasons to Own a Home in Portsmouth VA

Affordable Housing: Portsmouth VA offers affordable housing options, making it an ideal location for first-time homebuyers or those on a budget.
Proximity to Beaches: Portsmouth VA is just a short drive away from some of the best beaches on the East Coast, including Virginia Beach and Sandbridge Beach.
Rich History: Portsmouth VA is a city steeped in history, with a number of historic sites and landmarks that are well worth a visit.
Family-Friendly Community: Portsmouth VA is a great place to raise a family, with a range of family-friendly activities and events taking place throughout the year.
Strong Job Market: Portsmouth VA is home to a number of thriving industries, which help to support a strong job market and make it an attractive place to live and work.

School Information

Portsmouth VA is home to a number of excellent schools, including public, private, and charter schools. The Portsmouth Public School System serves students in kindergarten through twelfth grade, with a total of 17 schools in the district.

The city is also home to a number of higher education institutions, including Tidewater Community College and Norfolk State University.

City Services Information

Portsmouth VA offers a range of city services to residents, including police and fire protection, waste management, and public transportation. The city also has a number of parks and recreation facilities, including sports fields, playgrounds, and community centers.

Contact MR Rivera Realty

If you’re interested in buying or selling a home in Portsmouth VA, the team at MR Rivera Realty is here to help. We offer expert real estate services to help you make informed decisions and get the best possible outcome.