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Portsmouth

Portsmouth

Located in Newport County

$826,854 Average Value
$416 Average Price per Sq Ft
59 Homes For Sale

History lives on here

Portsmouth is just behind Providence as the second oldest municipality in Rhode Island. Founded in 1638, this charming waterside town is top of the list in other regards. Portsmouth’s 49-mile shoreline is the longest of any town in Rhode Island. Today, the area serves nearly 18,000 residents with quaint homes, unique business opportunities, fun dining experiences and noteworthy schools. Portsmouth may have a lot of history – and a lot of shoreline, too, but the town contains so much more than that. It offers opportunities to connect with the community and feel a sense of home.

"Old Flora" is an eighteen-pounder British canon in the Portsmouth neighborhood 's Legion Park.
"Old Flora" is an eighteen-pounder British canon in the Portsmouth neighborhood 's Legion Park.

Portsmouth parks, attractions and amenity

Escobar’s Farmhouse Inn, which has been open since 2010, is an engaging retreat and another community staple. Fireworks on the Fourth of July are observed from the back of the farm’s property, while the cooler months provide visitors with the opportunity to go wandering through a corn maze. Highland Farms sits across the street, and it has been run by the Escobar team for much longer – since 1972, to be exact. It’s one of the few remaining dairy farms left in Rhode Island. Portsmouth Free Public Library is an additional educational resource. Situated in a white building with ornate siding, it first began in the living rooms of local book lovers. The library’s 125th anniversary was celebrated in 2022, and it continues to offer book clubs today. McCorrie Point Beach is a scenic public spot to soak up the sun and waves during warmer summer months.

The Portsmouth Dog Park gives residents a fun spot to have some off-leash play and running.
The Portsmouth Dog Park gives residents a fun spot to have some off-leash play and running.

Historic New England housing on the water

"Lots of people here enjoy the recreation, whether it's golfing or riding at an equestrian center," says Alexandra Thursby, a listing agent with Lila Delman Compass. She also notes the value of proximity: "With Portsmouth, you’re close to Newport, you’re close to Boston, it's very convenient to the highway." Portsmouth is welcoming to first-time homebuyers and veteran homeowners alike. Buyers can find Cape Cod-influenced colonial revivals with covered front porches on spacious lots starting at around $460,000. These multi-level homes often feature recent updates to key features like plumbing and heat. Closer to the $1 million range, there’s a variety of elaborate, luxurious constructions one can choose from. Aged, meticulous multi-level homes situated on cul-de-sac streets feel both timeless and contemporary. Houses sit on slight slopes towards Narragansett Bay with features such as striking color palettes, textured wood shingle siding on the outside and clean modern interiors. Additional styles are also available in Portsmouth, such as modern log cabins, split levels and new traditional builds.

In the Portsmouth neighborhood a dock is a great asset to a home's value.
In the Portsmouth neighborhood a dock is a great asset to a home's value.

Seaside finds and eats

East Main Road slices down the middle of Portsmouth, putting residents in touch with all sorts of local dining and retail destinations. Foodworks, adorned simply with white walls, offers diners a breakfast of Belgian waffles, omelets and avocado toast. Lunch staples at Foodworks include salads, cold-cut sandwiches, hot subs and soups. It’s the kind of place Portsmouth residents rely on for a tasty meal in a pinch. Clements’ Marketplace is a local favorite when it comes to grocery shopping. Established in 1980, this family-run business likes to connect with the community. Starting in 2003, it began hosting a summer event called All Natural Day. Customers visit the outdoor tent and get to sample fresh goods, many of them made in Rhode Island and touted under the philosophy of “try it before you buy it.”

Clements Market in Portsmouth is a full-service grocery store with great meats and fish.
Clements Market in Portsmouth is a full-service grocery store with great meats and fish.

Highly-rated small town schooling

Young students in Portsmouth are normally split between Melville Elementary and Howard W Hathaway Elementary, which earn A-minus and B-plus grades from Niche, respectively. For secondary school, most kids move up to Portsmouth Middle and High schools, which both earn A-minus grades. Portsmouth High School has an enrollment of over 800 students at the 9th-12th grade level and is known for its strong sports programs across the board.

Getting around town

Portsmouth offers residents the secluded, peaceful life of a coastal New England town, but the neighborhood isn’t completely isolated. In true convenient New England fashion, it sits less than 10 miles from both the heart of Newport, Rhode Island, to the south and Fall River, Massachusetts, to the north. Additionally, downtown Providence is around a 30-mile drive, while New Bedford is just over 20 miles east. Despite the plethora of farms and forests, bus lines run on both East Main and West Main roads.

Important to know

Other notable establishments in the area include aerospace conglomerate Raytheon’s Seapower Capability Center, which employs nearly 1700 workers just under 4 miles to the southwest.

Paul Spencer
Written By
Paul Spencer

Interested in learning more about homes in this area? Reach out to Jacob Wint, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Portsmouth Housing Trends

Housing Trends

Median List Price
$749,500
Median Sale Price
$700,000
Median Single Family Sale Price
$727,250
Median Townhouse Sale Price
$545,000
Median 2 Bedroom Sale Price
$749,000
Median Change From 1st List Price
2%
Last 12 months Home Sales
253
Median Home Sale Price YoY Change
10%
Average Price Per Sq Ft
$416

Neighborhood Facts

Number of Homes for Sale
59
Months of Supply
2.80

Open Houses

  • Sunday, Jul 13
    12 - 1:30pm

    1 Tower Dr Unit 1802, Portsmouth, RI 02871

    $899,999

    • 2 Beds
    • 3 Baths
    • 1,800 Sq Ft
    • 1 Tower Dr
    • Unit 1802
    • New 4 days ago

    Experience luxury living on the 18th floor of Carnegie Tower at Carnegie Abbey. This sought-after floor plan features two bedrooms with ensuite bathrooms, a den/home office, and three full baths within an open-concept layout designed to showcase panoramic views of Narragansett Bay and breathtaking Newport Bridge sunsets. Enjoy two private balconies, one off the primary bedroom and another off the

    Kimberly Fleming Gustave White Sotheby's Realty

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  • Saturday, Jul 12
    11am - 1pm

    11 Eric Ct, Portsmouth, RI 02871

    $729,500

    • 3 Beds
    • 2 Baths
    • 2,589 Sq Ft
    • 11 Eric Ct
    • New 9 days ago

    Welcome to this beautifully maintained raised ranch, situated in a sought-after Portsmouth neighborhood. Offering 3 spacious bedrooms and 2 full baths, this home seamlessly combines everyday comfort with stylish touches throughout. Step into a welcoming entry foyer that opens to a light-filled main level featuring a thoughtfully designed floor plan, with durable and luxurious Pergo flooring. The

    Joseph Rose RE/MAX Profnl. Newport, Inc.

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  • Saturday, Jul 12
    11:30am - 1pm

    18 N Water St, Portsmouth, RI 02871

    $949,000

    • 2 Beds
    • 2.5 Baths
    • 1,700 Sq Ft
    • 18 N Water St
    • New 9 days ago

    Welcome to 18 North Water your coastal retreat with stunning views of Mount Hope Bay and the Sakonnet River from almost every window. Located in the sought-after community of Common Fence Point. This home features 2 bedrooms, 2.5 bathrooms, and a bright and airy open floor plan on the main level, perfect for relaxing or entertaining.The primary suite offers a glass shower, double sinks,

    Jordan Ross RE/MAX River's Edge - Bristol

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Portsmouth Has More Owners

Demographics

Total Population
17,505
Median Age
49
Population Density
342 ppl/acre
Population under 18
19%
On par with the national average
23.8%
Population over 65
26.5%
Above the national average
19.1%

Finances

Median Household Income
$106,269
Significantly above the national average
$71,702
Average Household Income
$126,699

Education and Workforce

High School Graduates
95.5%
College Graduates
55.3%
Above the national average
34.1%
Advanced Degrees
24.1%
Above the national average
13.3%
% Population in Labor Force
69.1%

Weather

Annual Precipitation
48''
Average Winter Low Temperature
24°F
Average Summer High Temperature
77°F
Annual Snowfall
32''

Area Factors

Somewhat Bikeable

Bike Score®®

25 / 100

Car-Dependent

Walk Score®®

0 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Portsmouth