Active Listings
31
⇧ 14.8% vs 27 last year
Ghent Neighborhood League · Ghent Square · West Ghent
Data as of September 2026. Source: Realtor.com.
The NORFOLK, VA real estate market (23507) currently shows 31 active listings. Homes are averaging 59 days on the market before going under contract.
Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 59 days on market compared to 36 days last year.
The median listing price has risen 98.6% year-over-year, from $259,000 to $514,450.
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 September 2026, there are 31 active listings in NORFOLK, VA (zip code 23507), compared to 27 the prior year.
The median listing price in NORFOLK, VA 23507 is $514,450 as of September 2026, a 98.6% increase from $259,000 the prior year.
Homes in NORFOLK, VA 23507 spend an average of 59 days on the market before going under contract, compared to 36 days the prior year.
Based on current inventory and days-on-market data as of September 2026, NORFOLK, VA 23507 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 59 days on market compared to 36 days last year.
With SELL123.com's maximum 3% commission, sellers in NORFOLK, VA 23507 save an estimated $10,289 compared to a typical 5% commission on the median listing price of $514,450. 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.