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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

    $286,566

    AVERAGE PRICE OF 1,635 HOMES

    $142,201

    AVERAGE PRICE OF 115 DISTRESSED HOMES

    $2,056,895

    AVERAGE PRICE OF 20 MULTI-MILLION DOLLAR HOMES

    $341,540

    AVERAGE PRICE OF 172 NEWLY BUILT HOMES

    $463,179

    AVERAGE PRICE OF 37 HOMES WITH A POOL

    $303,653

    AVERAGE PRICE OF 60 REDUCED PRICE HOMES

    Average Home

    Average Price $286,566
    Avg Bedrooms 2.97 beds
    Avg Bathrooms 1.8 baths

    Average Price by Bedrooms

    1 bedroom $181,239
    2 bedrooms $179,145
    3 bedrooms $223,242
    4 bedrooms $321,309
    5 bedrooms $433,109
    Norfolk Home Price Trends
      4/2019 3/2019 2/2019 1/2019 12/2018
    Total Listings 1,618 1,490 1,410 1,297 1,371
    Average Price $280,235 $274,667 $269,715 $269,665 $266,265
    Avg Price Change +2.03% +1.84% +0.02% +1.28% -0.08%
    Median Price $224,892 $220,400 $218,761 $215,194 $212,040
    Med Price Change +2.04% +0.75% +1.66% +1.49% -0.37%
    Avg Bedrooms 2.97 beds 2.96 beds 2.98 beds 2.98 beds 2.94 beds
    Avg Bathrooms 1.8 baths 1.78 baths 1.76 baths 1.75 baths 1.74 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Bt Washington 196 $218,615 76 days
    Granby 361 $269,202 83 days
    Lake Taylor 273 $318,510 74 days
    Maury 506 $328,702 71 days
    Norview 269 $211,652 69 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 1,635 $286,566 77 days
    Distressed Homes 115 $142,201 111 days
    Multi-Million Dollar Homes 20 $2,056,895 85 days
    Newly Built Homes 172 $341,540 78 days
    Homes with a Pool 37 $463,179 59 days
    Reduced Price Homes 60 $303,653 72 days

    School Data

    Highly Rated Norfolk Schools

    9

    GRANGE HALL ELEMENTARY SCHOOL
    Elementary School
    Public

    9

    LARCHMONT ELEMENTARY SCHOOL
    Elementary School
    Public

    8

    MARY CALCOTT ELEMENTARY SCHOOL
    Elementary School
    Public

    8

    SEWELLS POINT ELEMENTARY SCHOOL
    Elementary School
    Public

    10

    WILLOUGHBY ELEMENTARY SCHOOL
    Elementary School
    Public