Ballentine Place · Cromwell Farms · East Belvedere · Fairmont Park · Greenhill Farms · Lafayette (Winona) · Roland Park · Willowwood (Lakewood)
Data as of February 2026. Source: Realtor.com.
The NORFOLK, VA real estate market (23509) currently shows 29 active listings, with 1 pending sales. Homes are averaging 34 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 34 days on market compared to 36 days last year.
The median listing price has fallen 4.4% year-over-year, from $297,950 to $284,975.
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.
Population: 12,903 · Density: 1,958.3/mi² · Median household income: $68,540
Typical home value: $224,416 · Homeownership: 62.3%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 23509 | Norfolk, VA 23509 | 0.0 mi | 28 | $9,176,608 | $281,450 | $327,736 |
| 23504 | Norfolk, VA 23504 | 1.8 mi | 50 | $15,550,500 | $287,250 | $311,010 |
| 23507 | Norfolk, VA 23507 | 2.6 mi | 21 | $9,285,234 | $250,000 | $442,154 |
| 23510 | Norfolk, VA 23510 | 2.7 mi | 40 | $16,822,480 | $327,250 | $420,562 |
| 23502 | Norfolk, VA 23502 | 3.2 mi | 25 | $10,047,150 | $357,500 | $401,886 |
| 23518 | Norfolk, VA 23518 | 3.5 mi | 88 | $44,206,008 | $395,000 | $502,341 |
| 23704 | Portsmouth, VA 23704 | 4.8 mi | 67 | $16,890,700 | $259,900 | $252,100 |
| 23707 | Portsmouth, VA 23707 | 5.1 mi | 43 | $12,878,973 | $285,000 | $299,511 |
| 23703 | Portsmouth, VA 23703 | 6.0 mi | 72 | $25,197,552 | $348,500 | $349,966 |
| 23702 | Portsmouth, VA 23702 | 6.5 mi | 35 | $8,948,415 | $245,000 | $255,669 |
| 23464 | Virginia Beach, VA 23464 | 7.4 mi | 73 | $31,454,021 | $424,500 | $430,877 |
| 23320 | Chesapeake, VA 23320 | 9.3 mi | 95 | $41,889,300 | $425,000 | $440,940 |
| 23452 | Virginia Beach, VA 23452 | 9.7 mi | 50 | $24,090,800 | $377,500 | $481,816 |
As of February 2026, there are 29 active listings in NORFOLK, VA (zip code 23509), compared to 31 the prior year.
The median listing price in NORFOLK, VA 23509 is $284,975 as of February 2026, a 4.4% decrease from $297,950 the prior year.
Homes in NORFOLK, VA 23509 spend an average of 34 days on the market before going under contract, compared to 36 days the prior year.
Based on current inventory and days-on-market data as of February 2026, NORFOLK, VA 23509 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 34 days on market compared to 36 days last year.
With SELL123.com's maximum 3% commission, sellers in NORFOLK, VA 23509 save an estimated $5,700 compared to a typical 5% commission on the median listing price of $284,975. 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.