Ghent Neighborhood League · Ghent Square · Park Place
Data as of June 2026. Source: Realtor.com.
The NORFOLK, VA real estate market (23517) currently shows 16 active listings. Homes are averaging 31 days on the market before going under contract.
Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 31 days on market compared to 71 days last year.
The median listing price has fallen 7.6% year-over-year, from $289,900 to $268,000.
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: 4,212 · Density: 1,968.9/mi² · Median household income: $55,536
Typical home value: $348,700 · Homeownership: 23.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 23517 | Norfolk, VA 23517 | 0.0 mi | 7 | $2,218,146 | $277,975 | $316,878 |
| 23510 | Norfolk, VA 23510 | 1.2 mi | 39 | $15,795,351 | $298,750 | $405,009 |
| 23504 | Norfolk, VA 23504 | 1.7 mi | 50 | $15,302,500 | $280,000 | $306,050 |
| 23523 | Norfolk, VA 23523 | 2.8 mi | 14 | $4,144,252 | $277,500 | $296,018 |
| 23704 | Portsmouth, VA 23704 | 3.2 mi | 68 | $17,330,412 | $259,700 | $254,859 |
| 23513 | Norfolk, VA 23513 | 3.3 mi | 57 | $17,493,471 | $304,450 | $306,903 |
| 23502 | Norfolk, VA 23502 | 4.6 mi | 29 | $11,410,398 | $342,500 | $393,462 |
| 23324 | Chesapeake, VA 23324 | 4.9 mi | 43 | $11,913,193 | $268,725 | $277,051 |
| 23518 | Norfolk, VA 23518 | 5.3 mi | 83 | $43,524,453 | $417,000 | $524,391 |
| 23701 | Portsmouth, VA 23701 | 5.9 mi | 60 | $15,952,740 | $260,000 | $265,879 |
| 23462 | Virginia Beach, VA 23462 | 8.1 mi | 64 | $28,094,080 | $318,000 | $438,970 |
| 23321 | Chesapeake, VA 23321 | 8.6 mi | 86 | $38,757,018 | $461,000 | $450,663 |
| 23435 | Suffolk, VA 23435 | 10.6 mi | 150 | $80,041,500 | $514,900 | $533,610 |
As of June 2026, there are 16 active listings in NORFOLK, VA (zip code 23517), compared to 20 the prior year.
The median listing price in NORFOLK, VA 23517 is $268,000 as of June 2026, a 7.6% decrease from $289,900 the prior year.
Homes in NORFOLK, VA 23517 spend an average of 31 days on the market before going under contract, compared to 71 days the prior year.
Based on current inventory and days-on-market data as of June 2026, NORFOLK, VA 23517 is currently a Seller's Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 31 days on market compared to 71 days last year.
With SELL123.com's maximum 3% commission, sellers in NORFOLK, VA 23517 save an estimated $5,360 compared to a typical 5% commission on the median listing price of $268,000. 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.