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  • Norfolk Market Report

    $405,812

    AVERAGE PRICE OF 968 HOMES

    $266,806

    AVERAGE PRICE OF 30 DISTRESSED HOMES

    $1,638,440

    AVERAGE PRICE OF 25 MULTI-MILLION DOLLAR HOMES

    $527,480

    AVERAGE PRICE OF 61 NEWLY BUILT HOMES

    $496,212

    AVERAGE PRICE OF 8 HOMES WITH A POOL

    $391,578

    AVERAGE PRICE OF 52 REDUCED PRICE HOMES

    Average Home

    Average Price $405,812
    Avg Bedrooms 2.93 beds
    Avg Bathrooms 1.8 baths

    Average Price by Bedrooms

    1 bedroom $229,285
    2 bedrooms $294,117
    3 bedrooms $353,864
    4 bedrooms $457,833
    5 bedrooms $576,745
    Norfolk Home Price Trends
      5/2025 4/2025 3/2025 2/2025 1/2025
    Total Listings 967 942 874 849 794
    Average Price $396,213 $394,478 $388,567 $380,662 $383,219
    Avg Price Change +0.44% +1.52% +2.08% -0.67% -0.40%
    Median Price $333,730 $325,552 $320,124 $314,961 $315,611
    Med Price Change +2.51% +1.70% +1.64% -0.21% -2.05%
    Avg Bedrooms 2.94 beds 2.95 beds 2.96 beds 2.95 beds 2.91 beds
    Avg Bathrooms 1.83 baths 1.81 baths 1.8 baths 1.78 baths 1.74 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Maury 317 $397,765 50 days
    Total Homes Average Price Avg Days on Site
    All Homes 968 $405,812 53 days
    Distressed Homes 30 $266,806 76 days
    Multi-Million Dollar Homes 25 $1,638,440 94 days
    Newly Built Homes 61 $527,480 64 days
    Homes with a Pool 8 $496,212 51 days
    Reduced Price Homes 52 $391,578 47 days