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 HOMESAverage 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 |