Ghent Neighborhood League · Ghent Square · Park Place
Data as of September 2026. Source: Realtor.com.
The NORFOLK, VA real estate market (23517) currently shows 13 active listings. Homes are averaging 51 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 51 days on market compared to 54 days last year.
The median listing price has fallen 9.3% year-over-year, from $325,000 to $294,700.
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 September 2026, there are 13 active listings in NORFOLK, VA (zip code 23517), compared to 15 the prior year.
The median listing price in NORFOLK, VA 23517 is $294,700 as of September 2026, a 9.3% decrease from $325,000 the prior year.
Homes in NORFOLK, VA 23517 spend an average of 51 days on the market before going under contract, compared to 54 days the prior year.
Based on current inventory and days-on-market data as of September 2026, NORFOLK, VA 23517 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 51 days on market compared to 54 days last year.
With SELL123.com's maximum 3% commission, sellers in NORFOLK, VA 23517 save an estimated $5,894 compared to a typical 5% commission on the median listing price of $294,700. 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.