Why you'd want to live in Norfolk
Norfolk may be known for its military bases but that's not all. Norfolk is home to the local zoo, many historical museums and state parks as well as home of the Norfolk Tides. via Seven City Homes
Norfolk
Norfolk Market Report
$375,125
AVERAGE PRICE OF 822 HOMES$220,200
AVERAGE PRICE OF 27 DISTRESSED HOMES$1,638,950
AVERAGE PRICE OF 20 MULTI-MILLION DOLLAR HOMES$486,493
AVERAGE PRICE OF 117 NEWLY BUILT HOMES$606,335
AVERAGE PRICE OF 14 HOMES WITH A POOL$375,699
AVERAGE PRICE OF 31 REDUCED PRICE HOMESAverage Home
| Average Price | $375,125 |
| Avg Bedrooms | 2.98 beds |
| Avg Bathrooms | 1.79 baths |
Average Price by Bedrooms
| 1 bedroom | $209,660 |
| 2 bedrooms | $263,723 |
| 3 bedrooms | $337,724 |
| 4 bedrooms | $426,861 |
| 5 bedrooms | $476,099 |
Norfolk Home Price Trends
| 10/2023 | 9/2023 | 8/2023 | 7/2023 | 6/2023 | |
|---|---|---|---|---|---|
| Total Listings | 836 | 832 | 805 | 780 | 784 |
| Average Price | $378,860 | $387,452 | $392,493 | $389,141 | $392,028 |
| Avg Price Change | -2.27% | -1.30% | +0.86% | -0.74% | +4.38% |
| Median Price | $318,059 | $324,110 | $326,375 | $322,263 | $322,122 |
| Med Price Change | -1.90% | -0.70% | +1.28% | +0.04% | +0.64% |
| Avg Bedrooms | 2.91 beds | 2.89 beds | 2.91 beds | 2.95 beds | 3 beds |
| Avg Bathrooms | 1.8 baths | 1.8 baths | 1.8 baths | 1.8 baths | 1.8 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Bt Washington | 134 | $327,934 | 63 days |
| Granby | 175 | $327,353 | 72 days |
| Lake Taylor | 134 | $452,312 | 71 days |
| Maury | 224 | $404,056 | 71 days |
| Norview | 138 | $316,613 | 48 days |
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 822 | $375,125 | 68 days |
| Distressed Homes | 27 | $220,200 | 55 days |
| Multi-Million Dollar Homes | 20 | $1,638,950 | 121 days |
| Newly Built Homes | 117 | $486,493 | 94 days |
| Homes with a Pool | 14 | $606,335 | 50 days |
| Reduced Price Homes | 31 | $375,699 | 49 days |
