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City / Town Overview

Norfolk, VA

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

Market Analysis

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

The Norfolk, VA real estate market currently shows 504 active listings, with 5 pending sales. Homes are averaging 33.4 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 33.4 days on market compared to 35.2 days last year.

The median listing price has risen 0.5% year-over-year, from $352,229 to $354,157.

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Market Context

Market Context

Population: 236,973  ·  Density: 1,973.0/mi²  ·  Median household income: $61,244

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

Included Areas

Norfolk: 23501, 23506, 23511, 23541

Larchmont: 23508, 23529

Huntersville: 23510, 23514

Janaf: 23502

West Ocean View: 23503

Brambleton: 23504

Colony Points Apartments: 23505

West Ghent: 23507

Lafayette Shores: 23509

Norview Heights: 23513

Meadowbrook: 23515

Park Place: 23517

Tarrallton: 23518

North Camellia Acres: 23519

Area Map

Market Overview

Active Listings
504
⇩ 0.4% vs 506 last year
Pending
5
1% pending ratio
Median Price
$354,157
⇧ 0.5% vs $352,229 last year
Average Price
$421,595
⇧ 6.7% vs $395,100 last year
Days on Market
33.4
⇩ 5.1% vs 35 days last year

Price Per Square Foot

Median $/sqft
$221
⇧ 0.7% vs $219/sqft last year
Median Home Size
1,686 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %