Active Listings
88
⇩ 7.4% vs 95 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 September 2026. Source: Realtor.com.
The NORFOLK, VA real estate market (23518) currently shows 88 active listings, with 1 pending sales. Homes are averaging 36 days on the market before going under contract.
Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 36 days on market compared to 35 days last year.
The median listing price has risen 1.3% year-over-year, from $399,725 to $404,750.
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 September 2026, there are 88 active listings in NORFOLK, VA (zip code 23518), compared to 95 the prior year.
The median listing price in NORFOLK, VA 23518 is $404,750 as of September 2026, a 1.3% increase from $399,725 the prior year.
Homes in NORFOLK, VA 23518 spend an average of 36 days on the market before going under contract, compared to 35 days the prior year.
Based on current inventory and days-on-market data as of September 2026, NORFOLK, VA 23518 is currently a Balanced Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 36 days on market compared to 35 days last year.
With SELL123.com's maximum 3% commission, sellers in NORFOLK, VA 23518 save an estimated $8,095 compared to a typical 5% commission on the median listing price of $404,750. 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.