Ballentine Place · Cromwell Farms · East Belvedere · Fairmont Park · Greenhill Farms · Lafayette (Winona) · Roland Park · Willowwood (Lakewood)
Data as of September 2026. Source: Realtor.com.
The NORFOLK, VA real estate market (23509) currently shows 38 active listings. Homes are averaging 48 days on the market before going under contract.
Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 48 days on market compared to 33 days last year.
The median listing price has risen 4.1% year-over-year, from $300,000 to $312,400.
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 September 2026, there are 38 active listings in NORFOLK, VA (zip code 23509), compared to 44 the prior year.
The median listing price in NORFOLK, VA 23509 is $312,400 as of September 2026, a 4.1% increase from $300,000 the prior year.
Homes in NORFOLK, VA 23509 spend an average of 48 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 September 2026, NORFOLK, VA 23509 is currently a Balanced Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 48 days on market compared to 33 days last year.
With SELL123.com's maximum 3% commission, sellers in NORFOLK, VA 23509 save an estimated $6,248 compared to a typical 5% commission on the median listing price of $312,400. 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.