Norfolk Market Report
$381,177
AVERAGE PRICE OF 846 HOMES$287,353
AVERAGE PRICE OF 30 DISTRESSED HOMES$1,626,316
AVERAGE PRICE OF 19 MULTI-MILLION DOLLAR HOMES$527,684
AVERAGE PRICE OF 61 NEWLY BUILT HOMES$425,700
AVERAGE PRICE OF 13 HOMES WITH A POOL$433,440
AVERAGE PRICE OF 34 REDUCED PRICE HOMESAverage Home
Average Price | $381,177 |
Avg Bedrooms | 2.95 beds |
Avg Bathrooms | 1.78 baths |
Average Price by Bedrooms
1 bedroom | $213,708 |
2 bedrooms | $292,131 |
3 bedrooms | $335,419 |
4 bedrooms | $428,133 |
5 bedrooms | $514,475 |
Norfolk Home Price Trends
1/2025 | 12/2024 | 11/2024 | 10/2024 | 9/2024 | |
---|---|---|---|---|---|
Total Listings | 794 | 834 | 915 | 927 | 919 |
Average Price | $383,219 | $384,768 | $392,307 | $392,836 | $393,062 |
Avg Price Change | -0.40% | -1.96% | -0.13% | -0.06% | +0.37% |
Median Price | $315,611 | $322,075 | $325,000 | $324,760 | $325,495 |
Med Price Change | -2.05% | -0.91% | +0.07% | -0.23% | +0.09% |
Avg Bedrooms | 2.91 beds | 2.92 beds | 2.94 beds | 2.93 beds | 2.88 beds |
Avg Bathrooms | 1.74 baths | 1.75 baths | 1.82 baths | 1.79 baths | 1.75 baths |
Home Price by High School
School Name | Total Homes | Average Price | Avg Days on Site |
---|---|---|---|
Maury | 258 | $389,799 | 66 days |
Home Price by House Size
Total Homes | Average Price | Avg Days on Site | |
---|---|---|---|
All Homes | 846 | $381,177 | 63 days |
Distressed Homes | 30 | $287,353 | 79 days |
Multi-Million Dollar Homes | 19 | $1,626,316 | 131 days |
Newly Built Homes | 61 | $527,684 | 74 days |
Homes with a Pool | 13 | $425,700 | 40 days |
Reduced Price Homes | 34 | $433,440 | 45 days |