Bayview · Cottage Line · Northside · Pinewell · West Ocean View · Willoughby
Data as of June 2026. Source: Realtor.com.
The NORFOLK, VA real estate market (23503) currently shows 109 active listings, with 1 pending sales. Homes are averaging 31 days on the market before going under contract.
Inventory has increased compared to last year, with 33 more homes available — giving buyers more choice.
Homes are selling faster, averaging 31 days on market compared to 37 days last year.
The median listing price has risen 6.8% year-over-year, from $350,000 to $373,700.
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 June 2026, there are 109 active listings in NORFOLK, VA (zip code 23503), compared to 76 the prior year.
The median listing price in NORFOLK, VA 23503 is $373,700 as of June 2026, a 6.8% increase from $350,000 the prior year.
Homes in NORFOLK, VA 23503 spend an average of 31 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 June 2026, NORFOLK, VA 23503 is currently a Balanced Market. Inventory has increased compared to last year, with 33 more homes available — giving buyers more choice. Homes are selling faster, averaging 31 days on market compared to 37 days last year.
With SELL123.com's maximum 3% commission, sellers in NORFOLK, VA 23503 save an estimated $7,474 compared to a typical 5% commission on the median listing price of $373,700. 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.