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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

    $396,479

    AVERAGE PRICE OF 847 HOMES

    $219,396

    AVERAGE PRICE OF 26 DISTRESSED HOMES

    $1,832,792

    AVERAGE PRICE OF 25 MULTI-MILLION DOLLAR HOMES

    $538,872

    AVERAGE PRICE OF 69 NEWLY BUILT HOMES

    $721,799

    AVERAGE PRICE OF 20 HOMES WITH A POOL

    $420,494

    AVERAGE PRICE OF 38 REDUCED PRICE HOMES

    Average Home

    Average Price $396,479
    Avg Bedrooms 2.91 beds
    Avg Bathrooms 1.78 baths

    Average Price by Bedrooms

    1 bedroom $209,000
    2 bedrooms $278,187
    3 bedrooms $344,364
    4 bedrooms $444,875
    5 bedrooms $466,034
    Norfolk Home Price Trends
      3/2024 2/2024 1/2024 12/2023 11/2023
    Total Listings 772 803 787 825 841
    Average Price $396,686 $388,220 $380,924 $373,865 $373,377
    Avg Price Change +2.18% +1.92% +1.89% +0.13% -1.47%
    Median Price $319,751 $316,735 $314,995 $314,085 $315,864
    Med Price Change +0.95% +0.55% +0.29% -0.57% -0.69%
    Avg Bedrooms 2.89 beds 2.92 beds 2.93 beds 2.99 beds 2.98 beds
    Avg Bathrooms 1.75 baths 1.76 baths 1.76 baths 1.78 baths 1.79 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Maury 272 $409,722 60 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 847 $396,479 58 days
    Distressed Homes 26 $219,396 54 days
    Multi-Million Dollar Homes 25 $1,832,792 130 days
    Newly Built Homes 69 $538,872 79 days
    Homes with a Pool 20 $721,799 54 days
    Reduced Price Homes 38 $420,494 55 days