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 April 2026. Source: Realtor.com.
The NORFOLK, VA real estate market (23502) currently shows 28 active listings. Homes are averaging 34 days on the market before going under contract.
Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 34 days on market compared to 24 days last year.
The median listing price has risen 14.9% year-over-year, from $327,000 to $375,725.
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 April 2026, there are 28 active listings in NORFOLK, VA (zip code 23502), compared to 35 the prior year.
The median listing price in NORFOLK, VA 23502 is $375,725 as of April 2026, a 14.9% increase from $327,000 the prior year.
Homes in NORFOLK, VA 23502 spend an average of 34 days on the market before going under contract, compared to 24 days the prior year.
Based on current inventory and days-on-market data as of April 2026, NORFOLK, VA 23502 is currently a Balanced Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 34 days on market compared to 24 days last year.
With SELL123.com's maximum 3% commission, sellers in NORFOLK, VA 23502 save an estimated $7,515 compared to a typical 5% commission on the median listing price of $375,725. 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.