23704 — Portsmouth, VA Home Values
Typical home value $240,862 as of June 2026 · 99th of 108 in Virginia Beach-Norfolk-Newport News, VA-NC
Blue: typical home value (Zillow ZHVI) in ZIP code 23704, June 2021 to June 2026. This page shows observed data only; no forecast.
How 23704 compares in the Virginia Beach-Norfolk-Newport News, VA-NC area
ZIP code 23704 (Portsmouth, VA) has a typical home value of $240,862 as of June 2026, ranking 99th of 108 ZIP codes tracked in the Virginia Beach-Norfolk-Newport News, VA-NC area, more expensive than about 9% of ZIP codes in the metro. Prices here have moved -2.4% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +29.1%, from $186,603 in June 2021 to $240,862 in June 2026. Against observed rent, the typical home here sells for 12.5× the annual rent ($1,604/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 23704 has a population of 19,235, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 66.8% Black or African American, 23.4% White, 4.1% two or more races, 3.8% Hispanic or Latino, 1% Asian, 0.6% another race, and 0.4% American Indian or Alaska Native.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Brighton Elementary | 1100 Portsmouth Blvd., Portsmouth, VA | 0.5 mi |
| I.C. Norcom High | 1801 London Blvd, Portsmouth, VA | 0.8 mi |
| Park View Elementary | 260 Elm Ave, Portsmouth, VA | 0.9 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 23704?
$240,862 as of June 2026, the latest month Zillow has published observed data for.
Is 23704 an expensive ZIP code in the Virginia Beach-Norfolk-Newport News, VA-NC area?
23704 ranks 99th of 108 ZIP codes in the Virginia Beach-Norfolk-Newport News, VA-NC area by typical home value, more expensive than about 9% of ZIP codes in the metro.
How much have home values in 23704 changed over the past year?
-2.4% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 23704?
The typical home price is 12.5× the observed annual rent in this ZIP code ($1,604/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 23704?
19,235, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 23704?
Brighton Elementary (0.5 mi), I.C. Norcom High (0.8 mi), Park View Elementary (0.9 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 23704?
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.