Ballentine Place · Cromwell Farms · East Belvedere · Fairmont Park · Greenhill Farms · Lafayette (Winona) · Roland Park · Willowwood (Lakewood)
Data as of March 2026. Source: Realtor.com.
The NORFOLK, VA real estate market (23509) currently shows 33 active listings, with 1 pending sales. Homes are averaging 37 days on the market before going under contract.
Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 37 days on market compared to 31 days last year.
The median listing price has risen 1.2% year-over-year, from $295,000 to $298,675.
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 March 2026, there are 33 active listings in NORFOLK, VA (zip code 23509), compared to 25 the prior year.
The median listing price in NORFOLK, VA 23509 is $298,675 as of March 2026, a 1.2% increase from $295,000 the prior year.
Homes in NORFOLK, VA 23509 spend an average of 37 days on the market before going under contract, compared to 31 days the prior year.
Based on current inventory and days-on-market data as of March 2026, NORFOLK, VA 23509 is currently a Buyer's Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 37 days on market compared to 31 days last year.
With SELL123.com's maximum 3% commission, sellers in NORFOLK, VA 23509 save an estimated $5,974 compared to a typical 5% commission on the median listing price of $298,675. 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.