Ballentine Place · Cromwell Farms · East Belvedere · Fairmont Park · Greenhill Farms · Lafayette (Winona) · Roland Park · Willowwood (Lakewood)
Data as of July 2026. Source: Realtor.com.
The NORFOLK, VA real estate market (23509) currently shows 47 active listings. Homes are averaging 33 days on the market before going under contract.
Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.
Homes are selling faster, averaging 33 days on market compared to 35 days last year.
The median listing price has risen 9.3% year-over-year, from $289,700 to $316,673.
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: 12,903 · Density: 1,958.3/mi² · Median household income: $68,540
Typical home value: $224,416 · Homeownership: 62.3%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 23509 | Norfolk, VA 23509 | 0.0 mi | 29 | $9,998,098 | $284,975 | $344,762 |
| 23504 | Norfolk, VA 23504 | 1.8 mi | 50 | $15,302,500 | $280,000 | $306,050 |
| 23507 | Norfolk, VA 23507 | 2.6 mi | 19 | $8,106,445 | $252,750 | $426,655 |
| 23510 | Norfolk, VA 23510 | 2.7 mi | 39 | $15,795,351 | $298,750 | $405,009 |
| 23502 | Norfolk, VA 23502 | 3.2 mi | 29 | $11,410,398 | $342,500 | $393,462 |
| 23518 | Norfolk, VA 23518 | 3.5 mi | 83 | $43,524,453 | $417,000 | $524,391 |
| 23704 | Portsmouth, VA 23704 | 4.8 mi | 68 | $17,330,412 | $259,700 | $254,859 |
| 23707 | Portsmouth, VA 23707 | 5.1 mi | 37 | $10,476,328 | $280,950 | $283,144 |
| 23703 | Portsmouth, VA 23703 | 6.0 mi | 61 | $20,728,044 | $340,950 | $339,804 |
| 23702 | Portsmouth, VA 23702 | 6.5 mi | 35 | $8,184,155 | $223,724 | $233,833 |
| 23464 | Virginia Beach, VA 23464 | 7.4 mi | 64 | $26,882,176 | $405,000 | $420,034 |
| 23320 | Chesapeake, VA 23320 | 9.3 mi | 86 | $37,215,554 | $405,975 | $432,739 |
| 23452 | Virginia Beach, VA 23452 | 9.7 mi | 52 | $26,635,232 | $382,000 | $512,216 |
As of July 2026, there are 47 active listings in NORFOLK, VA (zip code 23509), compared to 41 the prior year.
The median listing price in NORFOLK, VA 23509 is $316,673 as of July 2026, a 9.3% increase from $289,700 the prior year.
Homes in NORFOLK, VA 23509 spend an average of 33 days on the market before going under contract, compared to 35 days the prior year.
Based on current inventory and days-on-market data as of July 2026, NORFOLK, VA 23509 is currently a Balanced Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are selling faster, averaging 33 days on market compared to 35 days last year.
With SELL123.com's maximum 3% commission, sellers in NORFOLK, VA 23509 save an estimated $6,333 compared to a typical 5% commission on the median listing price of $316,673. 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.