Active Listings
85
⇧ 2.4% vs 83 last year
Azalea Acres (Azalea Lakes) · Bel Aire (South Bayview) · Bromley · Camellia Gardens · Camellia Shores · East Lynne (Saratoga) · East Ocean View · Glengariff · Hewitt Farm · Hewitt Farms · Larrymore Lawns · Meadowbrook Forest (Hunt Club) · North Camellia Acres · Roosevelt Gardens Area · Sandy Heights (Idlewood) · South Bayview · The Gardens · Waters Edge
Data as of March 2026. Source: Realtor.com.
The NORFOLK, VA real estate market (23518) currently shows 85 active listings, with 2 pending sales. Homes are averaging 34 days on the market before going under contract.
Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.
Homes are selling faster, averaging 34 days on market compared to 37 days last year.
The median listing price has fallen 6.4% year-over-year, from $475,000 to $444,500.
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: 29,337 · Density: 1,847.2/mi² · Median household income: $71,313
Typical home value: $263,246 · Homeownership: 56.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 23518 | Norfolk, VA 23518 | 0.0 mi | 83 | $43,524,453 | $417,000 | $524,391 |
| 23503 | Norfolk, VA 23503 | 3.3 mi | 74 | $32,849,118 | $349,675 | $443,907 |
| 23502 | Norfolk, VA 23502 | 3.7 mi | 29 | $11,410,398 | $342,500 | $393,462 |
| 23455 | Virginia Beach, VA 23455 | 4.4 mi | 65 | $37,910,210 | $481,850 | $583,234 |
| 23517 | Norfolk, VA 23517 | 5.3 mi | 7 | $2,218,146 | $277,975 | $316,878 |
| 23507 | Norfolk, VA 23507 | 6.0 mi | 19 | $8,106,445 | $252,750 | $426,655 |
| 23523 | Norfolk, VA 23523 | 6.6 mi | 14 | $4,144,252 | $277,500 | $296,018 |
| 23325 | Chesapeake, VA 23325 | 7.1 mi | 20 | $9,582,400 | $340,000 | $479,120 |
| 23452 | Virginia Beach, VA 23452 | 8.4 mi | 52 | $26,635,232 | $382,000 | $512,216 |
| 23464 | Virginia Beach, VA 23464 | 8.5 mi | 64 | $26,882,176 | $405,000 | $420,034 |
| 23324 | Chesapeake, VA 23324 | 8.7 mi | 43 | $11,913,193 | $268,725 | $277,051 |
| 23663 | Hampton, VA 23663 | 9.7 mi | 36 | $9,591,372 | $267,400 | $266,427 |
| 23701 | Portsmouth, VA 23701 | 11.2 mi | 60 | $15,952,740 | $260,000 | $265,879 |
As of March 2026, there are 85 active listings in NORFOLK, VA (zip code 23518), compared to 83 the prior year.
The median listing price in NORFOLK, VA 23518 is $444,500 as of March 2026, a 6.4% decrease from $475,000 the prior year.
Homes in NORFOLK, VA 23518 spend an average of 34 days on the market before going under contract, compared to 37 days the prior year.
Based on current inventory and days-on-market data as of March 2026, NORFOLK, VA 23518 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 34 days on market compared to 37 days last year.
With SELL123.com's maximum 3% commission, sellers in NORFOLK, VA 23518 save an estimated $8,890 compared to a typical 5% commission on the median listing price of $444,500. 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.