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Portsmouth

Portsmouth

Located in Newport County

$845,584 Average Value
$424 Average Price per Sq Ft
78 Homes For Sale
"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.

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.

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.

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.

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.

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.

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.

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.”

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 The Mathew J Arruda Group, 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

Parks in this Area

Portsmouth Housing Trends

Housing Trends

Median List Price
$789,000
Median Sale Price
$695,000
Median Single Family Sale Price
$760,800
Median Townhouse Sale Price
$573,000
Median 2 Bedroom Sale Price
$750,000
Median Change From 1st List Price
2%
Last 12 months Home Sales
230
Median Home Sale Price YoY Change
11%
Average Price Per Sq Ft
$424

Area Facts

Number of Homes in Neighborhood
6,778
Number of Homes for Sale
78
Median Year Built
1976
Months of Supply
4.10
Average Single Family Home Size Sq Ft
2,030
Above the national average
1,924
Average Townhouse Size Sq Ft
2,046
Average 2 Bedroom Size Sq Ft
1,846
Average 1 Bedroom Size Sq Ft
1,286
Median Lot Size Sq Ft
17,859

Open Houses

  • Saturday, Sep 6
    Open Sat 11AM - 12:30PM

    58 Stewart Dr, Portsmouth, RI 02871

    $600,000

    • 4 Beds
    • 3 Baths
    • 2,704 Sq Ft
    • 58 Stewart Dr
    • New 1 day ago

    Located in the desirable McCorrie Lane neighborhood with access to McCorrie Beach, this 4-bedroom, 3-bath raised ranch offers over 2,700 sq. ft. of living space. 58 Stewart Dr is on a cul-de-sac offering privacy. This property provides an excellent opportunity to create your dream home. The main level features a traditional raised ranch layout with bright living areas, dining space, and a

    Christine Farley Century 21 Topsail Realty

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  • Saturday, Sep 6
    Open Sat 11AM - 12:30PM

    167 Water St, Portsmouth, RI 02871

    $660,000

    • 3 Beds
    • 1 Bath
    • 1,470 Sq Ft
    • 167 Water St
    • New 1 day ago

    Welcome to 167 Water Street, nestled in Portsmouth's sought-after Water Street neighborhood where stunning water views and a short walk to the shoreline offer the quintessential coastal lifestyle. This classic 3-bedroom Cape is full of New England charm and potential, ready for your vision and personal updates to make it shine. The main home features hardwood floors, sun-filled spaces, and

    Christine Farley Century 21 Topsail Realty

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  • Saturday, Sep 6
    Open Sat 2:30PM - 4:30PM

    68 Rebels Way, Portsmouth, RI 02871

    $865,000

    • 2 Beds
    • 2.5 Baths
    • 2,633 Sq Ft
    • 68 Rebels Way
    • New 5 days ago

    Move right into this beautiful condo and discover all Aquidneck Island offers. Located at Prescott Point, this unit features two spacious bedrooms, two and a half baths, and a first-floor primary bedroom with an ensuite bath with a custom-tiled walk-in shower, a frameless glass door, and a fantastic closet with floor-to-ceiling built-ins. Upstairs is a spacious loft, second bedroom, and full

    Tracy LeRoux Link Real Estate

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Neighborhoods in Portsmouth

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