If you need assistance, please call 757-374-3758

Norfolk

Why you'd want to live in Norfolk

Norfolk Virginia is a city of some 247,000 residents and encompasses 66 square miles. It has seven miles of Chesapeake Bay beachfront and a total of 144 miles of shoreline along our lakes, rivers, and the Bay. Much of this land is located in residential neighborhoods. via Norfolk Gov.

Norfolk Market Report

$326,244

AVERAGE PRICE OF 1,216 HOMES

$163,333

AVERAGE PRICE OF 24 DISTRESSED HOMES

$1,707,813

AVERAGE PRICE OF 16 MULTI-MILLION DOLLAR HOMES

$446,529

AVERAGE PRICE OF 142 NEWLY BUILT HOMES

$509,886

AVERAGE PRICE OF 26 HOMES WITH A POOL

$297,281

AVERAGE PRICE OF 35 REDUCED PRICE HOMES

Average Home

Average Price $326,244
Avg Bedrooms 2.93 beds
Avg Bathrooms 1.76 baths

Average Price by Bedrooms

1 bedroom $200,279
2 bedrooms $231,228
3 bedrooms $297,584
4 bedrooms $360,032
5 bedrooms $448,830
Norfolk Home Price Trends
  6/2021 5/2021 4/2021 3/2021 2/2021
Total Listings 1,219 1,149 1,089 1,059 n/a
Average Price $328,215 $338,232 $331,385 $323,394 n/a
Avg Price Change -3.05% +2.07% +2.47% n/a n/a
Median Price $270,851 $273,631 $274,763 $266,941 n/a
Med Price Change -1.03% -0.41% +2.93% n/a n/a
Avg Bedrooms 3 beds 3 beds 2.95 beds 2.97 beds n/a
Avg Bathrooms 1.81 baths 1.82 baths 1.78 baths 1.8 baths n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bt Washington 174 $280,233 61 days
Granby 268 $289,770 61 days
Lake Taylor 189 $404,112 96 days
Maury 362 $357,433 55 days
Norview 198 $265,987 43 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,216 $326,244 67 days
Distressed Homes 24 $163,333 134 days
Multi-Million Dollar Homes 16 $1,707,813 230 days
Newly Built Homes 142 $446,529 153 days
Homes with a Pool 26 $509,886 58 days
Reduced Price Homes 35 $297,281 34 days
Laura C. Rowe Real Estate Team | eXp Realty
Lynnhaven Parkway
VA
757-374-3758
tidewater.png

Tidewater Home Funding
Holly Cross
Mortgage Loan Consultant
(757) 305-8442

©2021 REIN, Inc. Information Deemed Reliable But Not Guaranteed. The listings data displayed on this medium comes in part from the Real Estate Information Network, Inc, (REIN) and has authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon data submitted by its Broker Members, and REIN therefore makes no representation or warranty regarding the accuracy of the data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent.

©2021 REIN. REIN's listings data and information is protected under federal copyright laws. Federal law prohibits, among other acts, the unauthorized copyright or alteration of. or preparation of derivative works from, all or any part of copyrighted materials, including certain compilations of data and information. COPYRIGHT VIOLATORS MAY BE SUBJECT TO SEVERE FINES AND PENALTIES UNDER FEDERAL LAW.

REIN update its listing on a daily basis. data last updated: July 25, 2021

Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings, user is advised to verify the accuracy of the listing information before making any financial decisions.

Some or all of the listings (or listings data) represented in this application have been enhanced with data not provided by REIN. The enhancements are as follows: Property Description, Property Photos. The source of these enhancements are: Google, Zillow, Trulia, etc.

This website does not include information on all the properties available for sale at this time.
This site powered by CINC: www.cincpro.com