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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

    $392,724

    AVERAGE PRICE OF 932 HOMES

    $212,108

    AVERAGE PRICE OF 24 DISTRESSED HOMES

    $1,633,607

    AVERAGE PRICE OF 28 MULTI-MILLION DOLLAR HOMES

    $510,387

    AVERAGE PRICE OF 72 NEWLY BUILT HOMES

    $675,361

    AVERAGE PRICE OF 18 HOMES WITH A POOL

    $420,055

    AVERAGE PRICE OF 37 REDUCED PRICE HOMES

    Average Home

    Average Price $392,724
    Avg Bedrooms 2.87 beds
    Avg Bathrooms 1.75 baths

    Average Price by Bedrooms

    1 bedroom $232,910
    2 bedrooms $277,332
    3 bedrooms $341,734
    4 bedrooms $444,048
    5 bedrooms $565,698
    Norfolk Home Price Trends
      8/2024 7/2024 6/2024 5/2024 4/2024
    Total Listings 923 917 907 883 830
    Average Price $391,632 $396,385 $405,064 $397,248 $399,697
    Avg Price Change -1.21% -2.19% +1.97% -0.62% +0.76%
    Median Price $325,190 $318,850 $319,454 $320,729 $323,127
    Med Price Change +1.99% -0.19% -0.40% -0.75% +1.06%
    Avg Bedrooms 2.87 beds 2.89 beds 2.9 beds 2.92 beds 2.89 beds
    Avg Bathrooms 1.75 baths 1.79 baths 1.81 baths 1.8 baths 1.77 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Maury 295 $422,537 65 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 932 $392,724 61 days
    Distressed Homes 24 $212,108 94 days
    Multi-Million Dollar Homes 28 $1,633,607 141 days
    Newly Built Homes 72 $510,387 82 days
    Homes with a Pool 18 $675,361 47 days
    Reduced Price Homes 37 $420,055 61 days