Population: 12,903 · Density: 1,958.3/mi² · Median household income: $68,540
Typical home value: $224,416 · Homeownership: 62.3%
Data as of January 2026. Source: Realtor.com.
The NORFOLK, VA real estate market (23509) currently shows 28 active listings. Homes are averaging 40 days on the market before going under contract.
Inventory has tightened compared to last year, with 13 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 40 days on market compared to 50 days last year.
The median listing price has risen 1% year-over-year, from $278,750 to $281,450.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 23509 | Norfolk, VA 23509 | 0.0 mi | 28 | $9,176,608 | $281,450 | $327,736 |
| 23504 | Norfolk, VA 23504 | 1.8 mi | 50 | $15,550,500 | $287,250 | $311,010 |
| 23507 | Norfolk, VA 23507 | 2.6 mi | 21 | $9,285,234 | $250,000 | $442,154 |
| 23510 | Norfolk, VA 23510 | 2.7 mi | 40 | $16,822,480 | $327,250 | $420,562 |
| 23502 | Norfolk, VA 23502 | 3.2 mi | 25 | $10,047,150 | $357,500 | $401,886 |
| 23518 | Norfolk, VA 23518 | 3.5 mi | 88 | $44,206,008 | $395,000 | $502,341 |
| 23704 | Portsmouth, VA 23704 | 4.8 mi | 67 | $16,890,700 | $259,900 | $252,100 |
| 23707 | Portsmouth, VA 23707 | 5.1 mi | 43 | $12,878,973 | $285,000 | $299,511 |
| 23703 | Portsmouth, VA 23703 | 6.0 mi | 72 | $25,197,552 | $348,500 | $349,966 |
| 23702 | Portsmouth, VA 23702 | 6.5 mi | 35 | $8,948,415 | $245,000 | $255,669 |
| 23464 | Virginia Beach, VA 23464 | 7.4 mi | 73 | $31,454,021 | $424,500 | $430,877 |
| 23320 | Chesapeake, VA 23320 | 9.3 mi | 95 | $41,889,300 | $425,000 | $440,940 |
| 23452 | Virginia Beach, VA 23452 | 9.7 mi | 50 | $24,090,800 | $377,500 | $481,816 |
As of January 2026, there are 28 active listings in NORFOLK, VA (zip code 23509), compared to 41 the prior year.
The median listing price in NORFOLK, VA 23509 is $281,450 as of January 2026, a 1% increase from $278,750 the prior year.
Homes in NORFOLK, VA 23509 spend an average of 40 days on the market before going under contract, compared to 50 days the prior year.
Based on current inventory and days-on-market data as of January 2026, NORFOLK, VA 23509 is currently a Seller's Market. Inventory has tightened compared to last year, with 13 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 40 days on market compared to 50 days last year.
With SELL123.com's maximum 3% commission, sellers in NORFOLK, VA 23509 save an estimated $5,629 compared to a typical 5% commission on the median listing price of $281,450. 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.