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County Overview

Norfolk County, VA

Aggregate real estate market report across county ZIPs
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The Norfolk County, VA real estate market currently shows 483 active listings, with 4 pending sales. Homes are averaging 41 days on the market before going under contract.

Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 41 days on market compared to 36 days last year.

The median listing price has risen 2.6% year-over-year, from $320,000 to $328,450.

Whether you are buying or selling in Norfolk County, 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.

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Market Context

Market Context

Population: 236,973  ·  Density: 1,973.0/mi²  ·  Median household income: $61,244

Typical home value: $253,109  ·  Homeownership: 42.8%

Included Areas

Norfolk: 23506, 23507, 23510, 23511, 23515, 23517, 23518, 23519, 23523, 23529, 23541, 23551

Azalea Acres: 23501

Janaf: 23502

Ocean View: 23503

Brambleton: 23504

Colony Points Apartments: 23505

Larchmont: 23508

Lafayette Shores: 23509

Norview Heights: 23513

Huntersville: 23514

Area Map

Market Overview

Active Listings
483
⇧ 4.1% vs 464 last year
Pending
4
1% pending ratio
Median Price
$328,450
⇧ 2.6% vs $320,000 last year
Average Price
$399,140
⇧ 4.4% vs $382,345 last year
Days on Market
41
⇧ 13.9% vs 36 days last year

Price Per Square Foot

Median $/sqft
$221
⇧ 3.3% vs $214/sqft last year
Median Home Size
1,589 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.8%
Listings with no price change
Price Reduced
0.2%
⇧ 10.3% vs 0.2% last year
Price Increased
0%
⇧ 124%
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %