Bayview · Cottage Line · Northside · Pinewell · West Ocean View · Willoughby
Data as of September 2026. Source: Realtor.com.
The NORFOLK, VA real estate market (23503) currently shows 111 active listings, with 1 pending sales. Homes are averaging 43 days on the market before going under contract.
Inventory has increased compared to last year, with 31 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 43 days on market compared to 28 days last year.
The median listing price has fallen 0.8% year-over-year, from $368,000 to $365,000.
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 September 2026, there are 111 active listings in NORFOLK, VA (zip code 23503), compared to 80 the prior year.
The median listing price in NORFOLK, VA 23503 is $365,000 as of September 2026, a 0.8% decrease from $368,000 the prior year.
Homes in NORFOLK, VA 23503 spend an average of 43 days on the market before going under contract, compared to 28 days the prior year.
Based on current inventory and days-on-market data as of September 2026, NORFOLK, VA 23503 is currently a Buyer's Market. Inventory has increased compared to last year, with 31 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 43 days on market compared to 28 days last year.
With SELL123.com's maximum 3% commission, sellers in NORFOLK, VA 23503 save an estimated $7,300 compared to a typical 5% commission on the median listing price of $365,000. 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.