If you need assistance, please call 757-756-3967

Norfolk

Why you'd want to live in Norfolk

Norfolk is a dynamic city with a rich history and cultural diversity. As home to the world's largest naval base, Norfolk has a strong military presence, contributing to a unique blend of cultures and traditions. The city's arts and entertainment scene is thriving, with numerous theaters, galleries, and music venues offering diverse cultural experiences. Norfolk's waterfront location along the Elizabeth River provides residents with picturesque views and opportunities for boating and waterfront dining. The city is known for its historic neighborhoods, featuring charming architecture and tree-lined streets. Norfolk's urban vibe, combined with its historical significance and cultural offerings, makes it an attractive place to live for those seeking a lively and diverse community.

Norfolk Market Report

$447,601

AVERAGE PRICE OF 906 HOMES

$249,219

AVERAGE PRICE OF 47 DISTRESSED HOMES

$1,822,079

AVERAGE PRICE OF 42 MULTI-MILLION DOLLAR HOMES

$594,354

AVERAGE PRICE OF 60 NEWLY BUILT HOMES

$649,326

AVERAGE PRICE OF 15 HOMES WITH A POOL

$404,817

AVERAGE PRICE OF 28 REDUCED PRICE HOMES

Average Home

Average Price $447,601
Avg Bedrooms 2.92 beds
Avg Bathrooms 1.79 baths

Average Price by Bedrooms

1 bedroom $212,300
2 bedrooms $266,653
3 bedrooms $353,831
4 bedrooms $497,384
5 bedrooms $626,729
Norfolk Home Price Trends
  3/2026 2/2026 1/2026 12/2025 11/2025
Total Listings 855 838 809 876 967
Average Price $436,381 $421,171 $417,410 $411,982 $409,997
Avg Price Change +3.61% +0.90% +1.32% +0.48% +0.64%
Median Price $331,802 $327,428 $330,035 $329,370 $327,345
Med Price Change +1.34% -0.80% +0.20% +0.62% +0.21%
Avg Bedrooms 2.86 beds 2.93 beds 2.8 beds 2.64 beds 2.67 beds
Avg Bathrooms 2.06 baths 1.89 baths 1.85 baths 1.73 baths 1.86 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Maury 254 $429,661 63 days
Total Homes Average Price Avg Days on Site
All Homes 906 $447,601 61 days
Distressed Homes 47 $249,219 114 days
Multi-Million Dollar Homes 42 $1,822,079 111 days
Newly Built Homes 60 $594,354 108 days
Homes with a Pool 15 $649,326 50 days
Reduced Price Homes 28 $404,817 36 days
Ignite Realty | LPT Realty
Heather Meyers
1545 Crossways Blvd Suite 250 #242
Chesapeake, VA 23320
757-756-3967

2026 REIN, Inc. Information Deemed Reliable But Not Guaranteed. The listings data displayed on this medium comes in part from the Real Estate Information Network, Inc. (REIN) and has been authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon data submitted by its Broker Members, and REIN therefore makes no representation or warranty regarding the accuracy of the data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent. © 2026 REIN. REIN's listings data and information is protected under federal copyright laws. Federal law prohibits, among other acts, the unauthorized copying or alteration of, or preparation of derivative works from, all or any part of copyrighted materials, including certain compilations of data and information. COPYRIGHT VIOLATORS MAY BE SUBJECT TO SEVERE FINES AND PENALTIES UNDER FEDERAL LAW. REIN updates its listings on a daily basis. Data last updated: April 12, 2026. This application does not include information on all of the properties available for sale at this time.
Listings Last Updated: April 12, 2026 Feed Last Updated: April 12, 2026

All or a portion of the multiple Listing information is provided by the Virginia MLS Cooperative, from a copyrighted compilation of Listings. All Virginia MLS Cooperative information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are © 2026 Virginia MLS Cooperative. All rights reserved.

This site is powered by CINC, an FNF RE Tech company: www.cincpro.com