Active Listings
58
⇧ 9.4% vs 53 last year
Colonial Place · Edgewater (Larchmont) · Highland Park · Lambert's Point · Odu Village · Park Place
Data as of June 2026. Source: Realtor.com.
The NORFOLK, VA real estate market (23508) currently shows 58 active listings. Homes are averaging 40 days on the market before going under contract.
Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 40 days on market compared to 30 days last year.
The median listing price has fallen 4.2% year-over-year, from $387,495 to $371,250.
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: 20,647 · Density: 2,386.5/mi² · Median household income: $73,075
Typical home value: $379,587 · Homeownership: 50.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 23508 | Norfolk, VA 23508 | 0.0 mi | 33 | $12,000,318 | $349,950 | $363,646 |
| 23507 | Norfolk, VA 23507 | 1.4 mi | 19 | $8,106,445 | $252,750 | $426,655 |
| 23510 | Norfolk, VA 23510 | 2.5 mi | 39 | $15,795,351 | $298,750 | $405,009 |
| 23504 | Norfolk, VA 23504 | 3.1 mi | 50 | $15,302,500 | $280,000 | $306,050 |
| 23703 | Portsmouth, VA 23703 | 3.4 mi | 61 | $20,728,044 | $340,950 | $339,804 |
| 23704 | Portsmouth, VA 23704 | 4.0 mi | 68 | $17,330,412 | $259,700 | $254,859 |
| 23503 | Norfolk, VA 23503 | 5.1 mi | 74 | $32,849,118 | $349,675 | $443,907 |
| 23502 | Norfolk, VA 23502 | 5.7 mi | 29 | $11,410,398 | $342,500 | $393,462 |
| 23701 | Portsmouth, VA 23701 | 6.1 mi | 60 | $15,952,740 | $260,000 | $265,879 |
| 23325 | Chesapeake, VA 23325 | 6.2 mi | 20 | $9,582,400 | $340,000 | $479,120 |
| 23455 | Virginia Beach, VA 23455 | 9.1 mi | 65 | $37,910,210 | $481,850 | $583,234 |
| 23464 | Virginia Beach, VA 23464 | 9.4 mi | 64 | $26,882,176 | $405,000 | $420,034 |
| 23661 | Hampton, VA 23661 | 9.5 mi | 51 | $14,500,422 | $274,950 | $284,322 |
As of June 2026, there are 58 active listings in NORFOLK, VA (zip code 23508), compared to 53 the prior year.
The median listing price in NORFOLK, VA 23508 is $371,250 as of June 2026, a 4.2% decrease from $387,495 the prior year.
Homes in NORFOLK, VA 23508 spend an average of 40 days on the market before going under contract, compared to 30 days the prior year.
Based on current inventory and days-on-market data as of June 2026, NORFOLK, VA 23508 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 40 days on market compared to 30 days last year.
With SELL123.com's maximum 3% commission, sellers in NORFOLK, VA 23508 save an estimated $7,425 compared to a typical 5% commission on the median listing price of $371,250. 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.