Active Listings
88
⇧ 3.5% vs 85 last year
Population: 29,337 · Density: 1,847.2/mi² · Median household income: $71,313
Typical home value: $263,246 · Homeownership: 56.5%
Data as of January 2026. Source: Realtor.com.
The NORFOLK, VA real estate market (23518) currently shows 88 active listings, with 1 pending sales. Homes are averaging 54 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 54 days on market compared to 41 days last year.
The median listing price has risen 3.3% year-over-year, from $382,500 to $395,000.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 23518 | Norfolk, VA 23518 | 0.0 mi | 88 | $44,206,008 | $395,000 | $502,341 |
| 23503 | Norfolk, VA 23503 | 3.3 mi | 67 | $29,425,864 | $350,000 | $439,192 |
| 23502 | Norfolk, VA 23502 | 3.7 mi | 25 | $10,047,150 | $357,500 | $401,886 |
| 23455 | Virginia Beach, VA 23455 | 4.4 mi | 69 | $38,448,939 | $463,750 | $557,231 |
| 23517 | Norfolk, VA 23517 | 5.3 mi | 11 | $3,461,832 | $292,450 | $314,712 |
| 23507 | Norfolk, VA 23507 | 6.0 mi | 21 | $9,285,234 | $250,000 | $442,154 |
| 23523 | Norfolk, VA 23523 | 6.6 mi | 12 | $3,965,508 | $330,000 | $330,459 |
| 23325 | Chesapeake, VA 23325 | 7.1 mi | 18 | $5,699,880 | $299,999 | $316,660 |
| 23452 | Virginia Beach, VA 23452 | 8.4 mi | 50 | $24,090,800 | $377,500 | $481,816 |
| 23464 | Virginia Beach, VA 23464 | 8.5 mi | 73 | $31,454,021 | $424,500 | $430,877 |
| 23324 | Chesapeake, VA 23324 | 8.7 mi | 55 | $16,439,995 | $290,000 | $298,909 |
| 23663 | Hampton, VA 23663 | 9.7 mi | 44 | $12,195,260 | $279,000 | $277,165 |
| 23701 | Portsmouth, VA 23701 | 11.2 mi | 61 | $16,629,027 | $265,000 | $272,607 |
As of January 2026, there are 88 active listings in NORFOLK, VA (zip code 23518), compared to 85 the prior year.
The median listing price in NORFOLK, VA 23518 is $395,000 as of January 2026, a 3.3% increase from $382,500 the prior year.
Homes in NORFOLK, VA 23518 spend an average of 54 days on the market before going under contract, compared to 41 days the prior year.
Based on current inventory and days-on-market data as of January 2026, NORFOLK, VA 23518 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 54 days on market compared to 41 days last year.
With SELL123.com's maximum 3% commission, sellers in NORFOLK, VA 23518 save an estimated $7,900 compared to a typical 5% commission on the median listing price of $395,000. 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.