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  • Norfolk Market Report

    $351,002

    AVERAGE PRICE OF 748 HOMES

    $185,282

    AVERAGE PRICE OF 38 DISTRESSED HOMES

    $1,853,725

    AVERAGE PRICE OF 12 MULTI-MILLION DOLLAR HOMES

    $490,829

    AVERAGE PRICE OF 100 NEWLY BUILT HOMES

    $412,973

    AVERAGE PRICE OF 19 HOMES WITH A POOL

    $344,225

    AVERAGE PRICE OF 19 REDUCED PRICE HOMES

    Average Home

    Average Price $351,002
    Avg Bedrooms 2.91 beds
    Avg Bathrooms 1.74 baths

    Average Price by Bedrooms

    1 bedroom $255,350
    2 bedrooms $242,303
    3 bedrooms $313,107
    4 bedrooms $399,886
    5 bedrooms $494,858
    Norfolk Home Price Trends
      1/2023 12/2022 11/2022 10/2022 9/2022
    Total Listings 708 745 816 878 967
    Average Price $347,922 $348,636 $344,605 $339,298 $344,896
    Avg Price Change -0.21% +1.17% +1.56% -1.65% +1.06%
    Median Price $290,758 $288,317 $287,018 $287,953 $289,936
    Med Price Change +0.85% +0.45% -0.33% -0.69% +0.00%
    Avg Bedrooms 2.87 beds 2.87 beds 2.91 beds 2.94 beds 2.98 beds
    Avg Bathrooms 1.7 baths 1.7 baths 1.73 baths 1.75 baths 1.76 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Bt Washington 112 $264,271 65 days
    Granby 153 $298,131 70 days
    Lake Taylor 142 $409,682 71 days
    Maury 180 $378,150 59 days
    Norview 140 $324,282 59 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 748 $351,002 72 days
    Distressed Homes 38 $185,282 75 days
    Multi-Million Dollar Homes 12 $1,853,725 152 days
    Newly Built Homes 100 $490,829 68 days
    Homes with a Pool 19 $412,973 41 days
    Reduced Price Homes 19 $344,225 47 days