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  • Norfolk Market Report

    $391,443

    AVERAGE PRICE OF 809 HOMES

    $241,839

    AVERAGE PRICE OF 25 DISTRESSED HOMES

    $1,864,825

    AVERAGE PRICE OF 24 MULTI-MILLION DOLLAR HOMES

    $500,470

    AVERAGE PRICE OF 83 NEWLY BUILT HOMES

    $738,857

    AVERAGE PRICE OF 14 HOMES WITH A POOL

    $388,334

    AVERAGE PRICE OF 23 REDUCED PRICE HOMES

    Average Home

    Average Price $391,443
    Avg Bedrooms 2.92 beds
    Avg Bathrooms 1.76 baths

    Average Price by Bedrooms

    1 bedroom $209,790
    2 bedrooms $278,464
    3 bedrooms $346,958
    4 bedrooms $425,694
    5 bedrooms $508,495
    Norfolk Home Price Trends
      1/2024 12/2023 11/2023 10/2023 9/2023
    Total Listings 787 825 841 836 832
    Average Price $380,924 $373,865 $373,377 $378,860 $387,452
    Avg Price Change +1.89% +0.13% -1.47% -2.27% -1.30%
    Median Price $314,995 $314,085 $315,864 $318,059 $324,110
    Med Price Change +0.29% -0.57% -0.69% -1.90% -0.70%
    Avg Bedrooms 2.93 beds 2.99 beds 2.98 beds 2.91 beds 2.89 beds
    Avg Bathrooms 1.76 baths 1.78 baths 1.79 baths 1.8 baths 1.8 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Maury 226 $409,715 66 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 809 $391,443 67 days
    Distressed Homes 25 $241,839 69 days
    Multi-Million Dollar Homes 24 $1,864,825 124 days
    Newly Built Homes 83 $500,470 81 days
    Homes with a Pool 14 $738,857 53 days
    Reduced Price Homes 23 $388,334 54 days