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Data as of September 2026. Source: Realtor.com.
The NORFOLK, VA real estate market (23504) currently shows 75 active listings. Homes are averaging 37 days on the market before going under contract.
Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice.
Homes are selling faster, averaging 37 days on market compared to 49 days last year.
The median listing price has risen 11.9% year-over-year, from $296,150 to $331,250.
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 September 2026, there are 75 active listings in NORFOLK, VA (zip code 23504), compared to 60 the prior year.
The median listing price in NORFOLK, VA 23504 is $331,250 as of September 2026, a 11.9% increase from $296,150 the prior year.
Homes in NORFOLK, VA 23504 spend an average of 37 days on the market before going under contract, compared to 49 days the prior year.
Based on current inventory and days-on-market data as of September 2026, NORFOLK, VA 23504 is currently a Balanced Market. Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice. Homes are selling faster, averaging 37 days on market compared to 49 days last year.
With SELL123.com's maximum 3% commission, sellers in NORFOLK, VA 23504 save an estimated $6,625 compared to a typical 5% commission on the median listing price of $331,250. 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.