Norfolk, VA

Norfolk Housing Market Report

Market data from 15 verified transactions. Updated monthly.

Median Price

$265K

Avg Days on Market

47

Transactions (3yr)

15

YoY Price Change

-12.4%

What This Means for You

Homes in Norfolk are typically spending 47 days on market before going under contract. The median sale price is around $265K, based on 15 verified transactions. Prices have declined -12.4% year over year, creating opportunities for buyers. Buyers have more time to evaluate options, but well-priced homes still move quickly.

Living in Norfolk

Schools

Average
SOL Pass Rate65%

Top Schools

  • Maury High School
  • Granby High School
  • Norfolk Academy (private)

Commute

Drive to DC10 min

Major Routes

I-264, I-64, I-564, Rt 13

Walkability

Walk Score42/100
Transit Score22/100
Bike Score48/100

Car-Dependent

Safety

Below Average

72% above Virginia average

Violent crime4.2 per 1K
Property crime24.8 per 1K

Property Type Breakdown

0.0% (13)
0.0% (2)

Price Range Distribution

Top Agents in Norfolk

Verified by real transaction data. No paid placements.

Explore More in Norfolk

Frequently Asked Questions

What is the median home price in Norfolk?

The median home price in Norfolk, VA is $265K, based on 15 verified transactions over the past three years. Total sales volume in Norfolk is $4.3M.

How fast do homes sell in Norfolk?

Homes in Norfolk average 47 days on market. Buyers generally have time to make informed decisions, though popular neighborhoods can see faster movement.

What types of homes are available in Norfolk?

The most common property types in Norfolk are undefined (0%), undefined (0%). The housing stock ranges from entry-level options under $300K to luxury properties above $1M, offering choices for first-time buyers through move-up families.

How do I find a real estate agent in Norfolk?

smover verifies real estate agents in Norfolk by real transaction data, not reviews or paid placements. Compare agents by total sales, sold-to-list ratio, and days on market. You can interview up to 3 agents for free at smover.co/topagents/norfolk. There is no cost or obligation.

Ready to find your agent in Norfolk?

Compare verified agents and request free interviews. No cost, no obligation.

Compare agents in Norfolk

© 2026 BRIGHT, All Rights Reserved. Information deemed reliable but not guaranteed.

This home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is the provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.

Data current as of 02/28/2026. Agent performance data has been collected from multiple sources and verified with sold MLS data.

Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.