Active Listings
27
⇧ 42.1% vs 19 last year
Ghent Neighborhood League · Ghent Square · West Ghent
Data as of June 2026. Source: Realtor.com.
The NORFOLK, VA real estate market (23507) currently shows 27 active listings. Homes are averaging 58 days on the market before going under contract.
Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 58 days on market compared to 38 days last year.
The median listing price has risen 15.8% year-over-year, from $363,500 to $420,950.
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: 6,588 · Density: 2,802.2/mi² · Median household income: $93,512
Typical home value: $508,798 · Homeownership: 41.4%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 23507 | Norfolk, VA 23507 | 0.0 mi | 19 | $8,106,445 | $252,750 | $426,655 |
| 23510 | Norfolk, VA 23510 | 1.1 mi | 39 | $15,795,351 | $298,750 | $405,009 |
| 23504 | Norfolk, VA 23504 | 2.1 mi | 50 | $15,302,500 | $280,000 | $306,050 |
| 23509 | Norfolk, VA 23509 | 2.6 mi | 29 | $9,998,098 | $284,975 | $344,762 |
| 23523 | Norfolk, VA 23523 | 2.8 mi | 14 | $4,144,252 | $277,500 | $296,018 |
| 23703 | Portsmouth, VA 23703 | 3.9 mi | 61 | $20,728,044 | $340,950 | $339,804 |
| 23702 | Portsmouth, VA 23702 | 4.4 mi | 35 | $8,184,155 | $223,724 | $233,833 |
| 23325 | Chesapeake, VA 23325 | 4.9 mi | 20 | $9,582,400 | $340,000 | $479,120 |
| 23701 | Portsmouth, VA 23701 | 5.2 mi | 60 | $15,952,740 | $260,000 | $265,879 |
| 23503 | Norfolk, VA 23503 | 6.2 mi | 74 | $32,849,118 | $349,675 | $443,907 |
| 23464 | Virginia Beach, VA 23464 | 8.3 mi | 64 | $26,882,176 | $405,000 | $420,034 |
| 23455 | Virginia Beach, VA 23455 | 9.0 mi | 65 | $37,910,210 | $481,850 | $583,234 |
| 23435 | Suffolk, VA 23435 | 10.0 mi | 150 | $80,041,500 | $514,900 | $533,610 |
As of June 2026, there are 27 active listings in NORFOLK, VA (zip code 23507), compared to 19 the prior year.
The median listing price in NORFOLK, VA 23507 is $420,950 as of June 2026, a 15.8% increase from $363,500 the prior year.
Homes in NORFOLK, VA 23507 spend an average of 58 days on the market before going under contract, compared to 38 days the prior year.
Based on current inventory and days-on-market data as of June 2026, NORFOLK, VA 23507 is currently a Buyer's Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 58 days on market compared to 38 days last year.
With SELL123.com's maximum 3% commission, sellers in NORFOLK, VA 23507 save an estimated $8,419 compared to a typical 5% commission on the median listing price of $420,950. 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.