Call or Text (240) SELL-123
City / Town Overview

Norfolk, VA

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
478
⇧ 1.5% vs 471 last year
Pending
2
0% pending ratio
Median Price
$333,187
⇩ 1.3% vs $337,523 last year
Average Price
$398,307
⇧ 4.6% vs $380,698 last year
Days on Market
54.2
⇧ 9.1% vs 50 days last year

Market Analysis

Data as of January 2026. Source: Realtor.com.

The Norfolk, VA real estate market currently shows 478 active listings, with 2 pending sales. Homes are averaging 54.2 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 54.2 days on market compared to 49.7 days last year.

The median listing price has fallen 1.3% year-over-year, from $337,523 to $333,187.

Whether you are buying or selling in Norfolk, VA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for Norfolk, VA and connect with motivated buyers & sellers.
Contact SELL123.com →

Included Areas

Norfolk: 23506, 23507, 23510, 23511, 23515, 23517, 23518, 23519, 23523, 23529, 23541, 23551

Azalea Acres: 23501

Janaf: 23502

Ocean View: 23503

Brambleton: 23504

Colony Points Apartments: 23505

Larchmont: 23508

Lafayette Shores: 23509

Norview Heights: 23513

Huntersville: 23514

Market Context

ZIP coverage: 21  ·  Population: 236,973  ·  Median household income: $61,244

Typical home value: $253,109  ·  Homeownership rate: 42.8%

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings