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  • Norfolk

    Why you'd want to live in Norfolk

    Norfolk is a waterfront city in southeastern Virginia. It’s home to Naval Station Norfolk, a massive naval base on Chesapeake Bay. Nauticus is a maritime museum that features the Battleship Wisconsin, a huge WWII warship. The Chrysler Museum of Art showcases a vast collection of glass art, plus European and American paintings and sculpture. The riverside Virginia Zoo is home to bears, birds, lions and farm animals.

    Norfolk Market Report

    $398,304

    AVERAGE PRICE OF 930 HOMES

    $236,680

    AVERAGE PRICE OF 26 DISTRESSED HOMES

    $1,735,407

    AVERAGE PRICE OF 29 MULTI-MILLION DOLLAR HOMES

    $517,135

    AVERAGE PRICE OF 73 NEWLY BUILT HOMES

    $630,655

    AVERAGE PRICE OF 18 HOMES WITH A POOL

    $494,574

    AVERAGE PRICE OF 47 REDUCED PRICE HOMES

    Average Home

    Average Price $398,304
    Avg Bedrooms 2.89 beds
    Avg Bathrooms 1.78 baths

    Average Price by Bedrooms

    1 bedroom $240,856
    2 bedrooms $276,551
    3 bedrooms $349,291
    4 bedrooms $437,481
    5 bedrooms $545,679
    Norfolk Home Price Trends
      6/2024 5/2024 4/2024 3/2024 2/2024
    Total Listings 907 883 830 772 803
    Average Price $405,064 $397,248 $399,697 $396,686 $388,220
    Avg Price Change +1.97% -0.62% +0.76% +2.18% +1.92%
    Median Price $319,454 $320,729 $323,127 $319,751 $316,735
    Med Price Change -0.40% -0.75% +1.06% +0.95% +0.55%
    Avg Bedrooms 2.9 beds 2.92 beds 2.89 beds 2.89 beds 2.92 beds
    Avg Bathrooms 1.81 baths 1.8 baths 1.77 baths 1.75 baths 1.76 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Maury 312 $426,110 51 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 930 $398,304 56 days
    Distressed Homes 26 $236,680 77 days
    Multi-Million Dollar Homes 29 $1,735,407 129 days
    Newly Built Homes 73 $517,135 72 days
    Homes with a Pool 18 $630,655 47 days
    Reduced Price Homes 47 $494,574 54 days