$330,936Average Value$177Average Price per Sq Ft13Homes For Sale
A charming, historic community that celebrates its past, present and future
Olde Towne, the historic urban gem on the banks of the Elizabeth River, offers a wide range of community events, Colonial-era houses and amenities right within reach. Olde Towne dates back over 300 years, when it was settled as a Colonial port town that was integral during the American Revolution. Listed on the National Register of Historic Places today, the neighborhood is adorned with beautifully preserved historical landmarks, like Saint John’s Episcopal Church. The appeal of living in Olde Towne lies not just in its landmarks, but “its spaces that foster community and knowing that you’re a living part of the history you’re constantly experiencing,” says Martin Bayer, Second Vice President of the Olde Towne Portsmouth Civic League.
The Commodore Theatre is luxuriously restored from its 1945 style in Olde Towne Portsmouth.
Two visitors checking out the cannons outside The Naval Museum in Olde Towne Portsmouth.
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Colonial-era homes and contemporary construction on the Elizabeth River
The civic league overlooks the beautification of Olde Towne. Recent renovations to the district have drastically improved the flooding the neighborhood previously faced, maintaining the historical value of the community. There are simple, stately Colonial and Neoclassical houses, and ornate, colorful Victorian homes. Established homes tend to price between $300,000 and $600,000. Closer to the water, buyers will also find high-rise condos with stunning views of the river, costing between $200,000 and $400,000. “The views are spectacular here,” says lifelong Portsmouth resident Michael Gore. “You can see across the water to the Norfolk skyline, and you get a great view of the lights there during the holidays.”
Large welcoming stoops are characteristic of homes in Olde Towne Portsmouth, Virginia.
Newly built pickleball courts at Admiral's Landing in Olde Towne Portsmouth, Virginia.
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A vibrant downtown with ferry access to Norfolk’s Waterside Entertainment District
In Olde Towne, there are so many restaurants, museums and events that are right within walking distance for residents. “There’s Fish & Slips in the marina,” Gore says. “It’s one of my favorites for dinner, especially in the summer—you can sit right out on the water.” Gore also notes other favorites, like The Bier Garden, a family-owned Bavarian restaurant and Thai Basil, a favorite for Thai curries and noodle dishes. Residents can take kids to the longstanding Children’s Museum of Virginia or catch a movie at the art-deco-style Commodore Theater. Another favorite for residents is the Elizabeth River Ferry, which is convenient for those who don’t want to deal with Hampton Roads’ notorious traffic. “You can get on the ferry and get to Waterside or Harbor Park Stadium. I like to go over to Waterside at least 2 days a week,” Gore says.
Olde Towne Portsmouth has a ferry across the river to Norfolk every hour.
A daily water Ferry that runs to downtown Norfolk from Olde Towne Portsmouth, Virginia.
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Local events get Olde Towne neighbors together
Both Bayer and Gore note that the neighborhood is always throwing events and bringing together the community. The Olde Towne Farmers Market on Saturdays has live music, food vendors, artisan crafts and of course, fresh produce. “In the summertime, there are jazz musicians that play in the courtyard on Thursdays, and there’s always different people playing music during the week,” Gore says.
Catch a concert at the Atlantic Union Bank Pavilion in Olde Towne Portsmouth.
Visit the retired Portsmouth Lightship and see a piece of naval history.
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Students attend Portsmouth Public Schools
Education begins at either public Parkview Elementary or private, faith-based Court Street Academy, both of which have a C grade on Niche. Students then attend Churchland Middle School, which has an B grade. High schoolers attend I.C. Norcom, which has a C-minus grade, but a B grade for its teachers. High school students can participate in various magnet programs across the district, including the Fine and Performing Arts Academy at nearby Churchland High School.
Park View Elementary School near Olde Towne Portsmouth, Virginia is rated a C from Niche.
The Churchland Middle School was built in 1968 near Olde Towne Portsmouth, Virginia.
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Residents enjoy local parks and walks along the seawall
There are plenty of ways to get outside in Olde Towne. “Red Lion Square is always filled with kids playing on the playground and neighbors hanging out,” Bayer says. The recently renovated seawall along the Crawford Bay Trail is another favorite for walking, jogging and watching fireworks on the Fourth of July. Portsmouth City Park is less than 5 miles away and is full of activities for the whole family, including golfing, fishing, tennis and kayaking. There’s also a large playground for kids and shady picnic areas.
Bring the little ones to Red Lion Square playground to enjoy the outdoors in Portsmouth.
Walk along the seawall at Craford Bay in Olde Towne Portsmouth, Virginia.
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An easy commute to the rest of Hampton Roads
Residents are just a minutes from basic necessities. There is a Food Lion just two miles away, and a Walmart and Kroger 3 miles away on Frederick Boulevard. For medical necessities, the Naval Hospital of Portsmouth is in the neighborhood, and Sentara Norfolk General is about 6 miles away. Residents can get to the hospital and other Norfolk amenities via the Downtown Tunnel or Midtown Tunnel. The Downtown Tunnel is connected to Interstate 264, which connects residents to other areas like Chesapeake and Virginia Beach. When residents want to travel beyond the area, Norfolk International Airport is about 10 miles away. Offering both an abundance of community amenities and easy access to the rest of Hampton Roads, Olde Towne offers both historic charm and modern convenience.
A daily water Ferry that runs to downtown Norfolk from Olde Towne Portsmouth, Virginia.
There are several options for public transportation in Olde Towne Portsmouth, Virginia.
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
Interested in learning more about homes in this area?
Reach out to
Christine Lynn,
an experienced agent in this neighborhood.
Parks in this Area
Portsmouth Splash Park
The Pagoda & Oriental Garden
Events
Parking Lot
Botanical Gardens
Columbia Park
Town Point Park
Events
Parking Lot
Multi-Purpose Field
Fort Nelson Park
Lafayette Arch Park
River Front Park
Transit
Airport
Norfolk International
19 min drive
Bus
Effingham & Queen
Bus
High & Court
Bus
Effingham & Firehouse
Bus
High & Washington
Crime and Safety
1 - Low Crime, 10 - High Crime
Olde Towne Portsmouth
US
Homicide
5
4
Sexual Assault
8
4
Assault with Weapon
6
4
Robbery
6
4
Burglary
8
4
Motor Vehicle Theft
7
4
Larceny
9
4
Crime Score
8
4
Source: WhatIsMyCrimeRisk.com
Olde Towne Portsmouth Demographics and Home Trends
On average, homes in Olde Towne Portsmouth, Portsmouth sell after 54 days on the market compared to the national average of 51 days. The median sale price for homes in Olde Towne Portsmouth, Portsmouth over the last 12 months is $295,000, up 5% from the median home sale price over the previous 12 months.
Lovely modern touches grace this Circa 1910 Townhome! Gorgeous kitchen features granite countertops, COREtex flooring & stainless steel appliances. Soaring ceilings, gleaming hardwoods & neutral paint. New boiler 2024. Gentle breezes and river views from your grand front porch. Enjoy all that this historic, waterfront, community has to offer. From delectable dining to grabbing a pint with friends
Experience refined living in the heart of Olde Towne Portsmouth with this beautifully crafted 4-level condo offering over 2,000 sq. ft. of luxurious space. Thoughtful updates include brand-new garage doors and openers, plus recently replaced HVAC systems for year-round comfort and peace of mind. Inside, you'll find handscraped solid wood floors, a gourmet Jenn-Air kitchen with granite counters,
Charming Historic Property in the Heart of Portsmouth. This beautifully preserved historic property blends timeless charm with modern conveniences. Featuring 5 spacious bedrooms, this home offers ample space for both family living and entertaining. Upon entering, you'll be greeted by classic hardwood floors, intricate moldings, and a cozy, inviting atmosphere. The main floor boasts a bright and
We don't just rent apartments. From the moment you walk through the front door you'll feel the comfort and security that makes our residents happy to call us home. Cutting-edge amenities, meticulously-groomed grounds, and a dedicated staff contributes to a higher standard of living. Convenient shopping, award-winning schools, local museums and parks are all close at hand, with sponsored
Fully updated 3rd floor unit! Washer and dryer in the unit, new paint, newer appliances, granite countertops, and mini splits. Pets are case by case basis with pet deposit and pet rent, must be approved by owner. Don't miss your chance at living in the historic district of Olde Towne! Parking decal from the city required for street parking. Credit score minimum of 600, no evictions or judgements,
Interested in learning more about homes in this area?
Reach out to
Christine Lynn,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
2,362
Median Age
39
Population Density
17 ppl/acre
Population under 18
16.5%
Below the national average
23.8%
Population over 65
20.4%
On par with the national average
19.1%
Finances
Median Household Income
$53,695
Significantly below the national average
$71,702
Average Household Income
$83,235
Education and Workforce
High School Graduates
94.3%
Above the national average
89.1%
College Graduates
38.9%
Advanced Degrees
24.8%
Above the national average
13.3%
% Population in Labor Force
61.8%
Weather
Annual Precipitation
45''
Average Winter Low Temperature
34°F
Average Summer High Temperature
88°F
Annual Snowfall
7''
Area Factors
Bikeable
Bike Score®
55/ 100
Very Walkable
Walk Score®
83/ 100
Good Transit
Transit Score®
56/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
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.
