Active Listings
83
⇩ 4.6% vs 87 last year
Azalea Acres (Azalea Lakes) · Bel Aire (South Bayview) · Bromley · Camellia Gardens · Camellia Shores · East Lynne (Saratoga) · East Ocean View · Glengariff · Hewitt Farm · Hewitt Farms · Larrymore Lawns · Meadowbrook Forest (Hunt Club) · North Camellia Acres · Roosevelt Gardens Area · Sandy Heights (Idlewood) · South Bayview · The Gardens · Waters Edge
Data as of February 2026. Source: Realtor.com.
The NORFOLK, VA real estate market (23518) currently shows 83 active listings, with 2 pending sales. Homes are averaging 32 days on the market before going under contract.
Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 32 days on market compared to 40 days last year.
The median listing price has risen 8.3% year-over-year, from $385,113 to $417,000.
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: 29,337 · Density: 1,847.2/mi² · Median household income: $71,313
Typical home value: $263,246 · Homeownership: 56.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 23518 | Norfolk, VA 23518 | 0.0 mi | 88 | $44,206,008 | $395,000 | $502,341 |
| 23503 | Norfolk, VA 23503 | 3.3 mi | 67 | $29,425,864 | $350,000 | $439,192 |
| 23502 | Norfolk, VA 23502 | 3.7 mi | 25 | $10,047,150 | $357,500 | $401,886 |
| 23455 | Virginia Beach, VA 23455 | 4.4 mi | 69 | $38,448,939 | $463,750 | $557,231 |
| 23517 | Norfolk, VA 23517 | 5.3 mi | 11 | $3,461,832 | $292,450 | $314,712 |
| 23507 | Norfolk, VA 23507 | 6.0 mi | 21 | $9,285,234 | $250,000 | $442,154 |
| 23523 | Norfolk, VA 23523 | 6.6 mi | 12 | $3,965,508 | $330,000 | $330,459 |
| 23325 | Chesapeake, VA 23325 | 7.1 mi | 18 | $5,699,880 | $299,999 | $316,660 |
| 23452 | Virginia Beach, VA 23452 | 8.4 mi | 50 | $24,090,800 | $377,500 | $481,816 |
| 23464 | Virginia Beach, VA 23464 | 8.5 mi | 73 | $31,454,021 | $424,500 | $430,877 |
| 23324 | Chesapeake, VA 23324 | 8.7 mi | 55 | $16,439,995 | $290,000 | $298,909 |
| 23663 | Hampton, VA 23663 | 9.7 mi | 44 | $12,195,260 | $279,000 | $277,165 |
| 23701 | Portsmouth, VA 23701 | 11.2 mi | 61 | $16,629,027 | $265,000 | $272,607 |
As of February 2026, there are 83 active listings in NORFOLK, VA (zip code 23518), compared to 87 the prior year.
The median listing price in NORFOLK, VA 23518 is $417,000 as of February 2026, a 8.3% increase from $385,113 the prior year.
Homes in NORFOLK, VA 23518 spend an average of 32 days on the market before going under contract, compared to 40 days the prior year.
Based on current inventory and days-on-market data as of February 2026, NORFOLK, VA 23518 is currently a Seller's Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 32 days on market compared to 40 days last year.
With SELL123.com's maximum 3% commission, sellers in NORFOLK, VA 23518 save an estimated $8,340 compared to a typical 5% commission on the median listing price of $417,000. 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.