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Data as of June 2026. Source: Realtor.com.
The NORFOLK, VA real estate market (23504) currently shows 62 active listings, with 2 pending sales. Homes are averaging 32 days on the market before going under contract.
Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.
Homes are selling faster, averaging 32 days on market compared to 42 days last year.
The median listing price has risen 9.5% year-over-year, from $296,000 to $324,250.
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: 24,202 · Density: 2,284.6/mi² · Median household income: $39,611
Typical home value: $239,481 · Homeownership: 33.9%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 23504 | Norfolk, VA 23504 | 0.0 mi | 50 | $15,302,500 | $280,000 | $306,050 |
| 23517 | Norfolk, VA 23517 | 1.7 mi | 7 | $2,218,146 | $277,975 | $316,878 |
| 23509 | Norfolk, VA 23509 | 1.8 mi | 29 | $9,998,098 | $284,975 | $344,762 |
| 23513 | Norfolk, VA 23513 | 2.7 mi | 57 | $17,493,471 | $304,450 | $306,903 |
| 23502 | Norfolk, VA 23502 | 3.1 mi | 29 | $11,410,398 | $342,500 | $393,462 |
| 23704 | Portsmouth, VA 23704 | 3.3 mi | 68 | $17,330,412 | $259,700 | $254,859 |
| 23505 | Norfolk, VA 23505 | 4.2 mi | 46 | $19,165,762 | $318,825 | $416,647 |
| 23518 | Norfolk, VA 23518 | 5.0 mi | 83 | $43,524,453 | $417,000 | $524,391 |
| 23703 | Portsmouth, VA 23703 | 6.0 mi | 61 | $20,728,044 | $340,950 | $339,804 |
| 23464 | Virginia Beach, VA 23464 | 6.3 mi | 64 | $26,882,176 | $405,000 | $420,034 |
| 23701 | Portsmouth, VA 23701 | 6.6 mi | 60 | $15,952,740 | $260,000 | $265,879 |
| 23320 | Chesapeake, VA 23320 | 7.7 mi | 86 | $37,215,554 | $405,975 | $432,739 |
| 23450 | Virginia Beach, VA 23450 | 9.6 mi | 1 | $699,000 | $699,000 | $699,000 |
As of June 2026, there are 62 active listings in NORFOLK, VA (zip code 23504), compared to 49 the prior year.
The median listing price in NORFOLK, VA 23504 is $324,250 as of June 2026, a 9.5% increase from $296,000 the prior year.
Homes in NORFOLK, VA 23504 spend an average of 32 days on the market before going under contract, compared to 42 days the prior year.
Based on current inventory and days-on-market data as of June 2026, NORFOLK, VA 23504 is currently a Balanced Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice. Homes are selling faster, averaging 32 days on market compared to 42 days last year.
With SELL123.com's maximum 3% commission, sellers in NORFOLK, VA 23504 save an estimated $6,485 compared to a typical 5% commission on the median listing price of $324,250. 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.