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Norfolk

Why you'd want to live in Norfolk

Norfolk is a waterfront city in southeastern Virginia. It’s home to Naval Station Norfolk, a massive naval base on Chesapeake Bay. Nauticus is a maritime museum that features the Battleship Wisconsin, a huge WWII warship. The Chrysler Museum of Art showcases a vast collection of glass art, plus European and American paintings and sculpture. The riverside Virginia Zoo is home to bears, birds, lions and farm animals.

Norfolk Market Report

$395,820

AVERAGE PRICE OF 983 HOMES

$290,335

AVERAGE PRICE OF 28 DISTRESSED HOMES

$1,569,429

AVERAGE PRICE OF 21 MULTI-MILLION DOLLAR HOMES

$538,545

AVERAGE PRICE OF 64 NEWLY BUILT HOMES

$542,609

AVERAGE PRICE OF 11 HOMES WITH A POOL

$350,377

AVERAGE PRICE OF 49 REDUCED PRICE HOMES

Average Home

Average Price $395,820
Avg Bedrooms 2.96 beds
Avg Bathrooms 1.83 baths

Average Price by Bedrooms

1 bedroom $223,982
2 bedrooms $284,706
3 bedrooms $360,069
4 bedrooms $446,801
5 bedrooms $566,557
Norfolk Home Price Trends
  4/2025 3/2025 2/2025 1/2025 12/2024
Total Listings 942 874 849 794 834
Average Price $394,478 $388,567 $380,662 $383,219 $384,768
Avg Price Change +1.52% +2.08% -0.67% -0.40% -1.96%
Median Price $325,552 $320,124 $314,961 $315,611 $322,075
Med Price Change +1.70% +1.64% -0.21% -2.05% -0.91%
Avg Bedrooms 2.95 beds 2.96 beds 2.95 beds 2.91 beds 2.92 beds
Avg Bathrooms 1.81 baths 1.8 baths 1.78 baths 1.74 baths 1.75 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Maury 308 $409,910 55 days
Total Homes Average Price Avg Days on Site
All Homes 983 $395,820 54 days
Distressed Homes 28 $290,335 83 days
Multi-Million Dollar Homes 21 $1,569,429 107 days
Newly Built Homes 64 $538,545 68 days
Homes with a Pool 11 $542,609 29 days
Reduced Price Homes 49 $350,377 44 days
©2025 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 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.

©2025 REIN. REIN's listings data and information is protected under federal copyright laws. Federal law prohibits, among other acts, the unauthorized copyright 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 update its listing on a daily basis. data last updated: May 16, 2025

Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings, user is advised to verify the accuracy of the listing information before making any financial decisions.

Some or all of the listings (or listings data) represented in this application have been enhanced with data not provided by REIN. The enhancements are as follows: Property Description, Property Photos. The source of these enhancements are: Google, Zillow, Trulia, etc.

This website does not include information on all the properties available for sale at this time.

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