If you need assistance, please call 757-563-3448

Norfolk

Why you'd want to live in Norfolk

Nor-fok, or Naw-fok, no matter how you pronounce it, the experience will always be the same: fun, vibrant entertainment and culture, delicious cuisine and 144 miles of shoreline waiting to be explored! With the Chesapeake Bay, Atlantic ocean and countless rivers in our backyard, you are never far from the water; you can experience intense watersports, leisurely sails, or simply enjoy the view from your hotel room. OV Fishing Pier evening Take a tour of the Elizabeth River harbor on a majestic tall ship, sip on some of the best wines around at Mermaid Winery, Virginia’s very first urban winery, or watch world-renowned artists blow glass at the Chrysler Museum Glass Studio. If history is your thing, sign up for a boat or land tour of the world’s largest Naval Base, stop by the MacArthur Memorial, or walk the Cannonball Trail. Still looking for reasons to visit Norfolk? You can jam out to some of the nation’s best music at the NorVA, named “Venue that Rocks” the hardest by Rolling Stones magazine. There are antique shops, coffee houses 11am-beer.jpg& breweries galore in the hip, historic Ghent district just a few minutes from downtown. And Norfolk is friendly to our local environment with more than 45 registered LEED buildings as well as hotels, restaurants and attractions participating in the Virginia Green program. There is truly something for everyone here! via visitnorfolk.com/

Norfolk Market Report

$406,398

AVERAGE PRICE OF 904 HOMES

$237,453

AVERAGE PRICE OF 28 DISTRESSED HOMES

$1,832,187

AVERAGE PRICE OF 31 MULTI-MILLION DOLLAR HOMES

$526,141

AVERAGE PRICE OF 75 NEWLY BUILT HOMES

$693,305

AVERAGE PRICE OF 19 HOMES WITH A POOL

$360,667

AVERAGE PRICE OF 31 REDUCED PRICE HOMES

Average Home

Average Price $406,398
Avg Bedrooms 2.88 beds
Avg Bathrooms 1.8 baths

Average Price by Bedrooms

1 bedroom $231,580
2 bedrooms $291,862
3 bedrooms $348,632
4 bedrooms $443,535
5 bedrooms $554,425
Norfolk Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 883 830 772 803 787
Average Price $397,248 $399,697 $396,686 $388,220 $380,924
Avg Price Change -0.62% +0.76% +2.18% +1.92% +1.89%
Median Price $320,729 $323,127 $319,751 $316,735 $314,995
Med Price Change -0.75% +1.06% +0.95% +0.55% +0.29%
Avg Bedrooms 2.92 beds 2.89 beds 2.89 beds 2.92 beds 2.93 beds
Avg Bathrooms 1.8 baths 1.77 baths 1.75 baths 1.76 baths 1.76 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Maury 290 $434,534 56 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 904 $406,398 55 days
Distressed Homes 28 $237,453 64 days
Multi-Million Dollar Homes 31 $1,832,187 120 days
Newly Built Homes 75 $526,141 63 days
Homes with a Pool 19 $693,305 69 days
Reduced Price Homes 31 $360,667 38 days
Anna Paduhovich Team
911 First Colonial Rd Suite 201
Virginia Beach, VA 23454
757-563-3448
Keller Williams Coastal Virginia
1100 Volvo Parkway, Suite 200
Chesapeake, VA 23320

©2024 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.

©2024 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: June 20, 2024

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