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Norfolk Market Report

$325,286

AVERAGE PRICE OF 947 HOMES

$214,590

AVERAGE PRICE OF 37 DISTRESSED HOMES

$1,825,333

AVERAGE PRICE OF 12 MULTI-MILLION DOLLAR HOMES

$481,534

AVERAGE PRICE OF 135 NEWLY BUILT HOMES

$501,473

AVERAGE PRICE OF 15 HOMES WITH A POOL

$330,261

AVERAGE PRICE OF 22 REDUCED PRICE HOMES

Average Home

Average Price $325,286
Avg Bedrooms 2.92 beds
Avg Bathrooms 1.73 baths

Average Price by Bedrooms

1 bedroom $228,825
2 bedrooms $226,692
3 bedrooms $294,996
4 bedrooms $360,592
5 bedrooms $418,185
Norfolk Home Price Trends
  11/2021 10/2021 9/2021 8/2021 7/2021
Total Listings n/a 1,133 1,220 1,245 1,219
Average Price n/a $320,254 $318,201 $319,540 $326,947
Avg Price Change n/a +0.65% -0.42% -2.32% -0.39%
Median Price n/a $261,382 $263,175 $265,043 $269,156
Med Price Change n/a -0.69% -0.71% -1.55% -0.63%
Avg Bedrooms n/a 2.91 beds 2.9 beds 2.92 beds 2.94 beds
Avg Bathrooms n/a 1.72 baths 1.72 baths 1.74 baths 1.77 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bt Washington 148 $297,534 64 days
Granby 193 $274,767 81 days
Lake Taylor 187 $417,248 100 days
Maury 246 $335,461 68 days
Norview 159 $255,530 56 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 947 $325,286 80 days
Distressed Homes 37 $214,590 128 days
Multi-Million Dollar Homes 12 $1,825,333 198 days
Newly Built Homes 135 $481,534 152 days
Homes with a Pool 15 $501,473 37 days
Reduced Price Homes 22 $330,261 58 days
Laura C. Rowe Real Estate Team | eXp Realty
Lynnhaven Parkway
VA
757-374-3758
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Tidewater Home Funding
Holly Cross
Mortgage Loan Consultant
(757) 305-8442

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