Beacon Light (Hardy Field) · Campostella · Campostella Heights · Diggs Town · Ford Plant · Hardy Field · Oakleaf Forest
Data as of February 2026. Source: Realtor.com.
The NORFOLK, VA real estate market (23523) currently shows 14 active listings. Homes are averaging 34 days on the market before going under contract.
Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.
Homes are selling faster, averaging 34 days on market compared to 50 days last year.
The median listing price has fallen 5.5% year-over-year, from $293,675 to $277,500.
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: 7,352 · Density: 1,357.8/mi² · Median household income: $34,201
Typical home value: $0 · Homeownership: 31.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 23523 | Norfolk, VA 23523 | 0.0 mi | 12 | $3,965,508 | $330,000 | $330,459 |
| 23510 | Norfolk, VA 23510 | 1.7 mi | 40 | $16,822,480 | $327,250 | $420,562 |
| 23324 | Chesapeake, VA 23324 | 2.3 mi | 55 | $16,439,995 | $290,000 | $298,909 |
| 23517 | Norfolk, VA 23517 | 2.8 mi | 11 | $3,461,832 | $292,450 | $314,712 |
| 23509 | Norfolk, VA 23509 | 3.5 mi | 28 | $9,176,608 | $281,450 | $327,736 |
| 23707 | Portsmouth, VA 23707 | 3.8 mi | 43 | $12,878,973 | $285,000 | $299,511 |
| 23508 | Norfolk, VA 23508 | 4.1 mi | 43 | $16,661,683 | $364,900 | $387,481 |
| 23701 | Portsmouth, VA 23701 | 5.6 mi | 61 | $16,629,027 | $265,000 | $272,607 |
| 23505 | Norfolk, VA 23505 | 5.7 mi | 45 | $17,479,440 | $325,000 | $388,432 |
| 23703 | Portsmouth, VA 23703 | 6.4 mi | 72 | $25,197,552 | $348,500 | $349,966 |
| 23462 | Virginia Beach, VA 23462 | 6.7 mi | 76 | $36,130,400 | $330,000 | $475,400 |
| 23455 | Virginia Beach, VA 23455 | 8.1 mi | 69 | $38,448,939 | $463,750 | $557,231 |
| 23450 | Virginia Beach, VA 23450 | 9.9 mi | 1 | $200,000 | $200,000 | $200,000 |
As of February 2026, there are 14 active listings in NORFOLK, VA (zip code 23523), compared to 12 the prior year.
The median listing price in NORFOLK, VA 23523 is $277,500 as of February 2026, a 5.5% decrease from $293,675 the prior year.
Homes in NORFOLK, VA 23523 spend an average of 34 days on the market before going under contract, compared to 50 days the prior year.
Based on current inventory and days-on-market data as of February 2026, NORFOLK, VA 23523 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 34 days on market compared to 50 days last year.
With SELL123.com's maximum 3% commission, sellers in NORFOLK, VA 23523 save an estimated $5,550 compared to a typical 5% commission on the median listing price of $277,500. 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.