Active Listings
45
⇧ 18.4% vs 38 last year
Population: 28,619 · Density: 1,681.9/mi² · Median household income: $56,919
Typical home value: $314,807 · Homeownership: 34.5%
Data as of January 2026. Source: Realtor.com.
The NORFOLK, VA real estate market (23505) currently shows 45 active listings. Homes are averaging 37 days on the market before going under contract.
Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.
Homes are selling faster, averaging 37 days on market compared to 41 days last year.
The median listing price has risen 1.2% year-over-year, from $321,250 to $325,000.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 23505 | Norfolk, VA 23505 | 0.0 mi | 45 | $17,479,440 | $325,000 | $388,432 |
| 23509 | Norfolk, VA 23509 | 2.7 mi | 28 | $9,176,608 | $281,450 | $327,736 |
| 23517 | Norfolk, VA 23517 | 3.1 mi | 11 | $3,461,832 | $292,450 | $314,712 |
| 23507 | Norfolk, VA 23507 | 3.5 mi | 21 | $9,285,234 | $250,000 | $442,154 |
| 23504 | Norfolk, VA 23504 | 4.2 mi | 50 | $15,550,500 | $287,250 | $311,010 |
| 23703 | Portsmouth, VA 23703 | 5.0 mi | 72 | $25,197,552 | $348,500 | $349,966 |
| 23502 | Norfolk, VA 23502 | 5.7 mi | 25 | $10,047,150 | $357,500 | $401,886 |
| 23704 | Portsmouth, VA 23704 | 6.2 mi | 67 | $16,890,700 | $259,900 | $252,100 |
| 23324 | Chesapeake, VA 23324 | 7.9 mi | 55 | $16,439,995 | $290,000 | $298,909 |
| 23663 | Hampton, VA 23663 | 8.3 mi | 44 | $12,195,260 | $279,000 | $277,165 |
| 23701 | Portsmouth, VA 23701 | 8.3 mi | 61 | $16,629,027 | $265,000 | $272,607 |
| 23607 | Newport News, VA 23607 | 8.9 mi | 83 | $20,222,037 | $229,700 | $243,639 |
| 23669 | Hampton, VA 23669 | 9.8 mi | 106 | $34,274,888 | $301,667 | $323,348 |
As of January 2026, there are 45 active listings in NORFOLK, VA (zip code 23505), compared to 38 the prior year.
The median listing price in NORFOLK, VA 23505 is $325,000 as of January 2026, a 1.2% increase from $321,250 the prior year.
Homes in NORFOLK, VA 23505 spend an average of 37 days on the market before going under contract, compared to 41 days the prior year.
Based on current inventory and days-on-market data as of January 2026, NORFOLK, VA 23505 is currently a Balanced Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are selling faster, averaging 37 days on market compared to 41 days last year.
With SELL123.com's maximum 3% commission, sellers in NORFOLK, VA 23505 save an estimated $6,500 compared to a typical 5% commission on the median listing price of $325,000. 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.