Bayview · Cottage Line · Northside · Pinewell · West Ocean View · Willoughby
Data as of April 2026. Source: Realtor.com.
The NORFOLK, VA real estate market (23503) currently shows 73 active listings. Homes are averaging 29 days on the market before going under contract.
Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 29 days on market compared to 26 days last year.
The median listing price has risen 3.8% year-over-year, from $348,970 to $362,225.
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: 30,991 · Density: 2,371.5/mi² · Median household income: $58,063
Typical home value: $251,541 · Homeownership: 45.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 23503 | Norfolk, VA 23503 | 0.0 mi | 74 | $32,849,118 | $349,675 | $443,907 |
| 23518 | Norfolk, VA 23518 | 3.3 mi | 83 | $43,524,453 | $417,000 | $524,391 |
| 23509 | Norfolk, VA 23509 | 4.5 mi | 29 | $9,998,098 | $284,975 | $344,762 |
| 23517 | Norfolk, VA 23517 | 5.6 mi | 7 | $2,218,146 | $277,975 | $316,878 |
| 23504 | Norfolk, VA 23504 | 6.3 mi | 50 | $15,302,500 | $280,000 | $306,050 |
| 23663 | Hampton, VA 23663 | 6.6 mi | 36 | $9,591,372 | $267,400 | $266,427 |
| 23703 | Portsmouth, VA 23703 | 7.6 mi | 61 | $20,728,044 | $340,950 | $339,804 |
| 23523 | Norfolk, VA 23523 | 7.9 mi | 14 | $4,144,252 | $277,500 | $296,018 |
| 23669 | Hampton, VA 23669 | 8.3 mi | 113 | $37,652,052 | $302,425 | $333,204 |
| 23704 | Portsmouth, VA 23704 | 8.8 mi | 68 | $17,330,412 | $259,700 | $254,859 |
| 23325 | Chesapeake, VA 23325 | 9.2 mi | 20 | $9,582,400 | $340,000 | $479,120 |
| 23462 | Virginia Beach, VA 23462 | 9.8 mi | 64 | $28,094,080 | $318,000 | $438,970 |
| 23702 | Portsmouth, VA 23702 | 10.6 mi | 35 | $8,184,155 | $223,724 | $233,833 |
As of April 2026, there are 73 active listings in NORFOLK, VA (zip code 23503), compared to 64 the prior year.
The median listing price in NORFOLK, VA 23503 is $362,225 as of April 2026, a 3.8% increase from $348,970 the prior year.
Homes in NORFOLK, VA 23503 spend an average of 29 days on the market before going under contract, compared to 26 days the prior year.
Based on current inventory and days-on-market data as of April 2026, NORFOLK, VA 23503 is currently a Buyer's Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 29 days on market compared to 26 days last year.
With SELL123.com's maximum 3% commission, sellers in NORFOLK, VA 23503 save an estimated $7,245 compared to a typical 5% commission on the median listing price of $362,225. 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.