Active Listings
60
⇩ 11.8% vs 68 last year
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 June 2026. Source: Realtor.com.
The NORFOLK, VA real estate market (23505) currently shows 60 active listings, with 1 pending sales. Homes are averaging 46 days on the market before going under contract.
Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 46 days on market compared to 37 days last year.
The median listing price has fallen 0.4% year-over-year, from $322,475 to $321,250.
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: 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 June 2026, there are 60 active listings in NORFOLK, VA (zip code 23505), compared to 68 the prior year.
The median listing price in NORFOLK, VA 23505 is $321,250 as of June 2026, a 0.4% decrease from $322,475 the prior year.
Homes in NORFOLK, VA 23505 spend an average of 46 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 23505 is currently a Balanced Market. Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 46 days on market compared to 37 days last year.
With SELL123.com's maximum 3% commission, sellers in NORFOLK, VA 23505 save an estimated $6,425 compared to a typical 5% commission on the median listing price of $321,250. 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.