Active Listings
25
⇩ 24.2% vs 33 last year
Population: 19,994 · Density: 779.3/mi² · Median household income: $65,421
Typical home value: $241,786 · Homeownership: 50.4%
Data as of January 2026. Source: Realtor.com.
The NORFOLK, VA real estate market (23502) currently shows 25 active listings. Homes are averaging 64 days on the market before going under contract.
Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 64 days on market compared to 56 days last year.
The median listing price has risen 15.5% year-over-year, from $309,500 to $357,500.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 23502 | Norfolk, VA 23502 | 0.0 mi | 25 | $10,047,150 | $357,500 | $401,886 |
| 23504 | Norfolk, VA 23504 | 3.1 mi | 50 | $15,550,500 | $287,250 | $311,010 |
| 23325 | Chesapeake, VA 23325 | 3.7 mi | 18 | $5,699,880 | $299,999 | $316,660 |
| 23518 | Norfolk, VA 23518 | 3.7 mi | 88 | $44,206,008 | $395,000 | $502,341 |
| 23455 | Virginia Beach, VA 23455 | 4.1 mi | 69 | $38,448,939 | $463,750 | $557,231 |
| 23510 | Norfolk, VA 23510 | 4.6 mi | 40 | $16,822,480 | $327,250 | $420,562 |
| 23507 | Norfolk, VA 23507 | 5.2 mi | 21 | $9,285,234 | $250,000 | $442,154 |
| 23508 | Norfolk, VA 23508 | 5.7 mi | 43 | $16,661,683 | $364,900 | $387,481 |
| 23704 | Portsmouth, VA 23704 | 6.2 mi | 67 | $16,890,700 | $259,900 | $252,100 |
| 23450 | Virginia Beach, VA 23450 | 6.6 mi | 1 | $200,000 | $200,000 | $200,000 |
| 23707 | Portsmouth, VA 23707 | 7.3 mi | 43 | $12,878,973 | $285,000 | $299,511 |
| 23702 | Portsmouth, VA 23702 | 7.7 mi | 35 | $8,948,415 | $245,000 | $255,669 |
| 23453 | Virginia Beach, VA 23453 | 9.1 mi | 34 | $13,438,636 | $362,450 | $395,254 |
As of January 2026, there are 25 active listings in NORFOLK, VA (zip code 23502), compared to 33 the prior year.
The median listing price in NORFOLK, VA 23502 is $357,500 as of January 2026, a 15.5% increase from $309,500 the prior year.
Homes in NORFOLK, VA 23502 spend an average of 64 days on the market before going under contract, compared to 56 days the prior year.
Based on current inventory and days-on-market data as of January 2026, NORFOLK, VA 23502 is currently a Balanced Market. Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 64 days on market compared to 56 days last year.
With SELL123.com's maximum 3% commission, sellers in NORFOLK, VA 23502 save an estimated $7,150 compared to a typical 5% commission on the median listing price of $357,500. 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.