Colonial Place · Edgewater (Larchmont) · Highland Park · Lambert's Point · Odu Village · Park Place
Data as of April 2026. Source: Realtor.com.
The NORFOLK, VA real estate market (23508) currently shows 41 active listings. Homes are averaging 26 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 selling faster, averaging 26 days on market compared to 33 days last year.
The median listing price has fallen 0.9% year-over-year, from $367,475 to $364,250.
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 April 2026, there are 41 active listings in NORFOLK, VA (zip code 23508), compared to 37 the prior year.
The median listing price in NORFOLK, VA 23508 is $364,250 as of April 2026, a 0.9% decrease from $367,475 the prior year.
Homes in NORFOLK, VA 23508 spend an average of 26 days on the market before going under contract, compared to 33 days the prior year.
Based on current inventory and days-on-market data as of April 2026, NORFOLK, VA 23508 is currently a Balanced Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are selling faster, averaging 26 days on market compared to 33 days last year.
With SELL123.com's maximum 3% commission, sellers in NORFOLK, VA 23508 save an estimated $7,285 compared to a typical 5% commission on the median listing price of $364,250. 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.