 (1).jpg)
Portsmouth Luxury Real Estate Statistics
| Average Home Price | $1.9M |
|---|---|
| Lowest Priced Home | $849K |
| Highest Listing Price | $7M |
| Total Property Listings | 43 |
| Avg. Days On Market | 91 |
| Avg. Price/SQFT | $588 |
Property Types (active listings)
Search Portsmouth, RI Luxury Real Estate
| All Listings | $800,000 - $900,000 | $900,000 - $1,000,000 |
|---|---|---|
| Over $1,000,000 |
Discover All Rhode Island Real Estate Has To Offer
Ask A Question Register For Listing Alerts & UpdatesAbout Portsmouth
Settled in 1638, Portsmouth forms one of Rhode Island’s four initial colonies. Anne Hutchinson stands among its early leaders, underscoring the area’s historical significance. This municipality spans sections of Aquidneck Island and also includes smaller isles like Prudence, Patience, and Hog. Important farmland, scattered parks, and beaches support a blend of open space and varied development. Roads connect it to Newport, Middletown, and beyond, with the Mount Hope Bridge extending passage to the mainland. Traditional architecture remains evident in older houses, accompanied by more contemporary builds along designated roads. Museums, memorials, and designated landmarks highlight key moments that shaped the town’s identity.
Population rests near 31,000, indicating a mid-sized environment suited to diverse household types. Properties often include yards, broad porches, and vantage points revealing glimpses of Narragansett Bay or Mount Hope Bay. Early farming roots persist, visible in local stands offering fresh produce. Calmer roads lead to stables, vineyard operations, or golf courses that keep daily life appealing for many. Portsmouth’s planning efforts promote balanced expansion while preserving valued green tracts. Yearly gatherings and smaller community events reinforce connections among neighbors. Daily life proceeds at a moderate, maritime pace.
Luxury Real Estate in Portsmouth
Listings above $800,000 frequently showcase open designs, ample lawns, and water views for those seeking coastal proximity. Others might prefer single-level ranches or multi-story dwellings with glimpses of farmland. Condominium complexes include modern amenities, especially around Carnegie Tower, the tallest structure in town. Buyers praise the variety of architecture, from vintage farmhouses to newly completed residences. Expanded windows, generous patios, and sturdy exteriors often appear in higher-end segments. Market stability remains consistent, supported by ongoing interest in living near open water.
Priced options also exist in midrange or entry-level categories, appealing to families, retirees, and professionals. Neighborhoods vary from quiet lanes near farmland to more central areas with shops close by. Seasonal fluctuations can influence inventory, so tracking new postings is crucial. Some older homes come with updated interiors featuring modern kitchens or solar energy enhancements. Affordable waterfront plots occasionally appear, though they may require quick action to secure.
Things to Do in Portsmouth
Boating and sailing stand among Portsmouth’s prime attractions, aided by marinas in Melville and along safe harbors. Golf courses at Montaup and the Aquidneck Club provide year-round tee times, weather permitting. Additional activities include visiting topiary gardens, exploring the Newport Car Museum, or browsing local farm stands. Sports such as polo host crowds at Glen Farm, showcasing a longstanding equestrian tradition. Families frequent beaches in nearby Middletown or Newport, all reachable by short drives. Dedicated trails appeal to walkers seeking quiet escapes or dog-friendly strolls. Residents find a steady supply of casual and more refined dining options, many celebrating local seafood.
Cafés, bistros, and small shops form part of daily life, offering everything from pastries to unique gifts. Regular community gatherings emphasize local heritage, arts, or agricultural fairs that highlight the region’s produce. Weekend boat excursions, wine tastings, and orchard visits keep social calendars lively when seasons change. Nearby Newport expands cultural offerings with museums, galleries, and events accessible by a quick drive. Within Portsmouth, smaller venues sometimes feature live music or open-mic nights for those seeking more relaxed entertainment. Historical societies curate exhibits on settlement, commerce, and maritime events that influenced the region’s narrative.
Education
-
Several private institutions, including the Pennfield School and Portsmouth Abbey
Portsmouth FAQs
Is safety a concern here?
Police maintain consistent patrols, and neighbors often look out for one another. Occasional incidents do arise, but data suggests low rates of serious crime. People generally feel comfortable living in these neighborhoods.
How do commutes work?
Highways and bridges connect to Newport, Middletown, and mainland Rhode Island. Traffic is usually manageable outside peak tourist months. Some also use local bus routes for basic public transport options.
Are there many public beaches?
Several are found on Aquidneck Island, including some close to Middletown or Newport. Smaller sandy spots exist within the town or on neighboring islands. Swimming, sunbathing, and water sports remain popular.
Does Portsmouth have diverse dining?
Locally owned eateries serve seafood, farm-to-table dishes, and global recipes. Casual and upscale experiences coexist, satisfying varied preferences. Coffee shops and bakeries also round out daily meal choices.
Why settle here?
Many appreciate water access, farmland scenery, and a moderate pace. Schools, local events, and robust community ties appeal to families and long-term residents. Home seekers admire the balance of tradition and convenience.
For a tour of Portsmouth, RI homes for sale, contact us online or call (401) 680-6588 to speak with a Portsmouth REALTOR ® at Hogan Associates.
Browse Other Communities
Experience Matters When Choosing a Real Estate Agent.
Hogan Associates is made up of experts and specialists in each phase of getting your home sold. From photography, to online marketing, to transaction management and closing... we have built a tbrokerage of the best professionals in the Rhode Island real estate market.
You can trust us to be YOUR REALTOR®. We have the right tools, the best people, and are backed up with the best information to make selling your home as successful as possible.
Start searching for your dream home now.
When it comes to convenience, our site is unparalleled. Whether you're in the comfort of your home, or on the go.
Our site works flawlessly on multiple devices so you can find the information you need.