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County Overview

Norfolk County, VA

Aggregate real estate market report across county ZIPs
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The Norfolk County, VA real estate market currently shows 496 active listings, with 5 pending sales. Homes are averaging 35 days on the market before going under contract.

Inventory has increased compared to last year, with 30 more homes available — giving buyers more choice.

The median listing price has risen 3.1% year-over-year, from $325,000 to $334,950.

Whether you are buying or selling in Norfolk County, 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.

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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, 23502, 23504, 23506, 23508, 23511, 23514, 23515, 23517, 23518, 23523, 23541

West Ocean View: 23503

Colony Points Apartments: 23505

West Ghent: 23507

Lafayette Shores: 23509

Huntersville: 23510

Norview Heights: 23513

North Camellia Acres: 23519

Larchmont: 23529

Area Map

Market Overview

Active Listings
496
⇧ 6.4% vs 466 last year
Pending
5
1% pending ratio
Median Price
$334,950
⇧ 3.1% vs $325,000 last year
Average Price
$411,309
⇧ 5.5% vs $389,739 last year
Days on Market
35
vs 35 days last year

Price Per Square Foot

Median $/sqft
$221
⇧ 1.4% vs $218/sqft last year
Median Home Size
1,607 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.8%
Listings with no price change
Price Reduced
0.2%
⇩ 3.1% vs 0.2% last year
Price Increased
0%
⇩ 65%
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

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 %