Algonquin · Belvedere · Bolling Brook · Cottage Row Park · Cromwell Farms · East Belvedere · Glenwood Park · Lochhaven · Meadowbrook · Monticello Village · Norfolk Crossing · North Meadow Brook · Oakdale Farms · Partra · Riverfront · Riverpoint · Suburban Acres · Talbot Park · Titustown · Wards Corner · Wards Corner Business Association
Data as of September 2026. Source: Realtor.com.
The NORFOLK, VA real estate market (23505) currently shows 56 active listings. Homes are averaging 42 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are selling faster, averaging 42 days on market compared to 44 days last year.
The median listing price has risen 12.7% year-over-year, from $315,000 to $355,000.
Population: 28,619 · Density: 1,681.9/mi² · Median household income: $56,919
Typical home value: $314,807 · Homeownership: 34.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 23505 | Norfolk, VA 23505 | 0.0 mi | 46 | $19,165,762 | $318,825 | $416,647 |
| 23509 | Norfolk, VA 23509 | 2.7 mi | 29 | $9,998,098 | $284,975 | $344,762 |
| 23517 | Norfolk, VA 23517 | 3.1 mi | 7 | $2,218,146 | $277,975 | $316,878 |
| 23507 | Norfolk, VA 23507 | 3.5 mi | 19 | $8,106,445 | $252,750 | $426,655 |
| 23504 | Norfolk, VA 23504 | 4.2 mi | 50 | $15,302,500 | $280,000 | $306,050 |
| 23703 | Portsmouth, VA 23703 | 5.0 mi | 61 | $20,728,044 | $340,950 | $339,804 |
| 23502 | Norfolk, VA 23502 | 5.7 mi | 29 | $11,410,398 | $342,500 | $393,462 |
| 23704 | Portsmouth, VA 23704 | 6.2 mi | 68 | $17,330,412 | $259,700 | $254,859 |
| 23324 | Chesapeake, VA 23324 | 7.9 mi | 43 | $11,913,193 | $268,725 | $277,051 |
| 23663 | Hampton, VA 23663 | 8.3 mi | 36 | $9,591,372 | $267,400 | $266,427 |
| 23701 | Portsmouth, VA 23701 | 8.3 mi | 60 | $15,952,740 | $260,000 | $265,879 |
| 23607 | Newport News, VA 23607 | 8.9 mi | 80 | $20,192,400 | $228,675 | $252,405 |
| 23669 | Hampton, VA 23669 | 9.8 mi | 113 | $37,652,052 | $302,425 | $333,204 |
As of September 2026, there are 56 active listings in NORFOLK, VA (zip code 23505), compared to 56 the prior year.
The median listing price in NORFOLK, VA 23505 is $355,000 as of September 2026, a 12.7% increase from $315,000 the prior year.
Homes in NORFOLK, VA 23505 spend an average of 42 days on the market before going under contract, compared to 44 days the prior year.
Based on current inventory and days-on-market data as of September 2026, NORFOLK, VA 23505 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 42 days on market compared to 44 days last year.
With SELL123.com's maximum 3% commission, sellers in NORFOLK, VA 23505 save an estimated $7,100 compared to a typical 5% commission on the median listing price of $355,000. 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.