Active Listings
7
⇩ 61.1% vs 18 last year
Ghent Neighborhood League · Ghent Square · Park Place
Data as of February 2026. Source: Realtor.com.
The NORFOLK, VA real estate market (23517) currently shows 7 active listings. Homes are averaging 47 days on the market before going under contract.
Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 47 days on market compared to 28 days last year.
The median listing price has fallen 27.8% year-over-year, from $384,950 to $277,975.
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: 4,212 · Density: 1,968.9/mi² · Median household income: $55,536
Typical home value: $348,700 · Homeownership: 23.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 23517 | Norfolk, VA 23517 | 0.0 mi | 11 | $3,461,832 | $292,450 | $314,712 |
| 23510 | Norfolk, VA 23510 | 1.2 mi | 40 | $16,822,480 | $327,250 | $420,562 |
| 23504 | Norfolk, VA 23504 | 1.7 mi | 50 | $15,550,500 | $287,250 | $311,010 |
| 23523 | Norfolk, VA 23523 | 2.8 mi | 12 | $3,965,508 | $330,000 | $330,459 |
| 23704 | Portsmouth, VA 23704 | 3.2 mi | 67 | $16,890,700 | $259,900 | $252,100 |
| 23513 | Norfolk, VA 23513 | 3.3 mi | 48 | $14,308,368 | $292,500 | $298,091 |
| 23502 | Norfolk, VA 23502 | 4.6 mi | 25 | $10,047,150 | $357,500 | $401,886 |
| 23324 | Chesapeake, VA 23324 | 4.9 mi | 55 | $16,439,995 | $290,000 | $298,909 |
| 23518 | Norfolk, VA 23518 | 5.3 mi | 88 | $44,206,008 | $395,000 | $502,341 |
| 23701 | Portsmouth, VA 23701 | 5.9 mi | 61 | $16,629,027 | $265,000 | $272,607 |
| 23462 | Virginia Beach, VA 23462 | 8.1 mi | 76 | $36,130,400 | $330,000 | $475,400 |
| 23321 | Chesapeake, VA 23321 | 8.6 mi | 85 | $38,078,725 | $452,500 | $447,985 |
| 23435 | Suffolk, VA 23435 | 10.6 mi | 135 | $73,078,605 | $517,000 | $541,323 |
As of February 2026, there are 7 active listings in NORFOLK, VA (zip code 23517), compared to 18 the prior year.
The median listing price in NORFOLK, VA 23517 is $277,975 as of February 2026, a 27.8% decrease from $384,950 the prior year.
Homes in NORFOLK, VA 23517 spend an average of 47 days on the market before going under contract, compared to 28 days the prior year.
Based on current inventory and days-on-market data as of February 2026, NORFOLK, VA 23517 is currently a Balanced Market. Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 47 days on market compared to 28 days last year.
With SELL123.com's maximum 3% commission, sellers in NORFOLK, VA 23517 save an estimated $5,560 compared to a typical 5% commission on the median listing price of $277,975. 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.