Broad Creek Shores · Coleman Place · Crown Point · Easton Forest · Elizabeth Park · Foxhall · Glenrock · Ingleside · Janaf · Lake Taylor · Maple Hall (Hollywood Homes) · Military Circle · Newtown · Norfolk Industrial Park · Pleasant Point · Poplar Halls · River Oaks · Waston Place (River Forrest Shores) · Waverly On Broad Creek · Woodbine
Data as of September 2026. Source: Realtor.com.
The NORFOLK, VA real estate market (23502) currently shows 47 active listings. Homes are averaging 38 days on the market before going under contract.
Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 38 days on market compared to 36 days last year.
The median listing price has fallen 5.7% year-over-year, from $352,475 to $332,500.
Population: 19,994 · Density: 779.3/mi² · Median household income: $65,421
Typical home value: $241,786 · Homeownership: 50.4%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 23502 | Norfolk, VA 23502 | 0.0 mi | 29 | $11,410,398 | $342,500 | $393,462 |
| 23504 | Norfolk, VA 23504 | 3.1 mi | 50 | $15,302,500 | $280,000 | $306,050 |
| 23325 | Chesapeake, VA 23325 | 3.7 mi | 20 | $9,582,400 | $340,000 | $479,120 |
| 23518 | Norfolk, VA 23518 | 3.7 mi | 83 | $43,524,453 | $417,000 | $524,391 |
| 23455 | Virginia Beach, VA 23455 | 4.1 mi | 65 | $37,910,210 | $481,850 | $583,234 |
| 23510 | Norfolk, VA 23510 | 4.6 mi | 39 | $15,795,351 | $298,750 | $405,009 |
| 23507 | Norfolk, VA 23507 | 5.2 mi | 19 | $8,106,445 | $252,750 | $426,655 |
| 23508 | Norfolk, VA 23508 | 5.7 mi | 33 | $12,000,318 | $349,950 | $363,646 |
| 23704 | Portsmouth, VA 23704 | 6.2 mi | 68 | $17,330,412 | $259,700 | $254,859 |
| 23450 | Virginia Beach, VA 23450 | 6.6 mi | 1 | $699,000 | $699,000 | $699,000 |
| 23707 | Portsmouth, VA 23707 | 7.3 mi | 37 | $10,476,328 | $280,950 | $283,144 |
| 23702 | Portsmouth, VA 23702 | 7.7 mi | 35 | $8,184,155 | $223,724 | $233,833 |
| 23453 | Virginia Beach, VA 23453 | 9.1 mi | 43 | $16,420,281 | $336,000 | $381,867 |
As of September 2026, there are 47 active listings in NORFOLK, VA (zip code 23502), compared to 37 the prior year.
The median listing price in NORFOLK, VA 23502 is $332,500 as of September 2026, a 5.7% decrease from $352,475 the prior year.
Homes in NORFOLK, VA 23502 spend an average of 38 days on the market before going under contract, compared to 36 days the prior year.
Based on current inventory and days-on-market data as of September 2026, NORFOLK, VA 23502 is currently a Buyer's Market. Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 38 days on market compared to 36 days last year.
With SELL123.com's maximum 3% commission, sellers in NORFOLK, VA 23502 save an estimated $6,650 compared to a typical 5% commission on the median listing price of $332,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.