Norfolk Market Report
$381,903
AVERAGE PRICE OF 823 HOMES$286,003
AVERAGE PRICE OF 30 DISTRESSED HOMES$1,610,000
AVERAGE PRICE OF 20 MULTI-MILLION DOLLAR HOMES$531,444
AVERAGE PRICE OF 59 NEWLY BUILT HOMES$436,411
AVERAGE PRICE OF 9 HOMES WITH A POOL$431,860
AVERAGE PRICE OF 25 REDUCED PRICE HOMESAverage Home
Average Price | $381,903 |
Avg Bedrooms | 2.94 beds |
Avg Bathrooms | 1.77 baths |
Average Price by Bedrooms
1 bedroom | $213,574 |
2 bedrooms | $289,469 |
3 bedrooms | $335,872 |
4 bedrooms | $430,994 |
5 bedrooms | $514,469 |
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 | 255 | $387,453 | 71 days |
Home Price by House Size
Total Homes | Average Price | Avg Days on Site | |
---|---|---|---|
All Homes | 823 | $381,903 | 68 days |
Distressed Homes | 30 | $286,003 | 80 days |
Multi-Million Dollar Homes | 20 | $1,610,000 | 136 days |
Newly Built Homes | 59 | $531,444 | 73 days |
Homes with a Pool | 9 | $436,411 | 54 days |
Reduced Price Homes | 25 | $431,860 | 47 days |