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 March 2026. Source: Realtor.com.
The NORFOLK, VA real estate market (23502) currently shows 32 active listings. Homes are averaging 30 days on the market before going under contract.
Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 30 days on market compared to 37 days last year.
The median listing price has risen 0.9% year-over-year, from $339,500 to $342,500.
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.
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 March 2026, there are 32 active listings in NORFOLK, VA (zip code 23502), compared to 33 the prior year.
The median listing price in NORFOLK, VA 23502 is $342,500 as of March 2026, a 0.9% increase from $339,500 the prior year.
Homes in NORFOLK, VA 23502 spend an average of 30 days on the market before going under contract, compared to 37 days the prior year.
Based on current inventory and days-on-market data as of March 2026, NORFOLK, VA 23502 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 30 days on market compared to 37 days last year.
With SELL123.com's maximum 3% commission, sellers in NORFOLK, VA 23502 save an estimated $6,850 compared to a typical 5% commission on the median listing price of $342,500. 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.