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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

    $433,621

    AVERAGE PRICE OF 1,008 HOMES

    $247,506

    AVERAGE PRICE OF 45 DISTRESSED HOMES

    $1,635,019

    AVERAGE PRICE OF 37 MULTI-MILLION DOLLAR HOMES

    $594,314

    AVERAGE PRICE OF 61 NEWLY BUILT HOMES

    $770,379

    AVERAGE PRICE OF 15 HOMES WITH A POOL

    $408,062

    AVERAGE PRICE OF 43 REDUCED PRICE HOMES

    Average Home

    Average Price $433,621
    Avg Bedrooms 2.98 beds
    Avg Bathrooms 1.86 baths

    Average Price by Bedrooms

    1 bedroom $224,082
    2 bedrooms $289,002
    3 bedrooms $352,521
    4 bedrooms $500,864
    5 bedrooms $567,330
    Norfolk Home Price Trends
      6/2026 5/2026 4/2026 3/2026 2/2026
    Total Listings n/a n/a 959 850 832
    Average Price n/a n/a $449,811 $436,706 $421,763
    Avg Price Change n/a n/a +3.00% +3.54% +0.91%
    Median Price n/a n/a $347,415 $331,542 $327,389
    Med Price Change n/a n/a +4.79% +1.27% -0.80%
    Avg Bedrooms n/a n/a 2.93 beds 2.85 beds 2.86 beds
    Avg Bathrooms n/a n/a 1.82 baths 1.74 baths 1.74 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Bt Washington 136 $355,039 62 days
    Granby 210 $436,400 58 days
    Lake Taylor 169 $507,807 65 days
    Maury 308 $441,197 59 days
    Norview 165 $344,432 57 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 1,008 $433,621 62 days
    Distressed Homes 45 $247,506 76 days
    Multi-Million Dollar Homes 37 $1,635,019 139 days
    Newly Built Homes 61 $594,314 94 days
    Homes with a Pool 15 $770,379 76 days
    Reduced Price Homes 43 $408,062 43 days
    2026 REIN, Inc. Information Deemed Reliable But Not Guaranteed. The listings data displayed on this medium comes in part from the Real Estate Information Network, Inc. (REIN) and has been authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon data submitted by its Broker Members, and REIN therefore makes no representation or warranty regarding the accuracy of the data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent. © 2026 REIN. REIN's listings data and information is protected under federal copyright laws. Federal law prohibits, among other acts, the unauthorized copying or alteration of, or preparation of derivative works from, all or any part of copyrighted materials, including certain compilations of data and information. COPYRIGHT VIOLATORS MAY BE SUBJECT TO SEVERE FINES AND PENALTIES UNDER FEDERAL LAW. REIN updates its listings on a daily basis. Data last updated: July 22, 2026. This application does not include information on all of the properties available for sale at this time.

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