If you need assistance, please call 757-466-1009

Thomas Taylor
757-589-1237

Norfolk Market Report

$265,055

AVERAGE PRICE OF 1,394 HOMES

$132,303

AVERAGE PRICE OF 128 DISTRESSED HOMES

$1,888,813

AVERAGE PRICE OF 16 MULTI-MILLION DOLLAR HOMES

$327,953

AVERAGE PRICE OF 153 NEWLY BUILT HOMES

$510,040

AVERAGE PRICE OF 25 HOMES WITH A POOL

$243,781

AVERAGE PRICE OF 541 REDUCED PRICE HOMES

Average Home

Average Price $265,055
Avg Bedrooms 2.93 beds
Avg Bathrooms 1.73 baths

Average Price by Bedrooms

1 bedroom $172,285
2 bedrooms $176,224
3 bedrooms $209,725
4 bedrooms $299,789
5 bedrooms $382,160
Norfolk Home Price Trends
  11/2018 10/2018 9/2018 8/2018 7/2018
Total Listings 1,460 1,511 1,562 1,605 1,623
Average Price $266,469 $268,395 $264,242 $273,431 $282,585
Avg Price Change -0.72% +1.57% -3.48% -3.35% +0.11%
Median Price $212,826 $215,103 $217,025 $220,245 $224,051
Med Price Change -1.07% -0.89% -1.48% -1.73% -0.29%
Avg Bedrooms 2.93 beds 2.93 beds 2.97 beds 2.95 beds 2.95 beds
Avg Bathrooms 1.74 baths 1.75 baths 1.77 baths 1.77 baths 1.78 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bt Washington 172 $210,746 80 days
Granby 316 $242,768 101 days
Lake Taylor 248 $276,829 94 days
Maury 404 $303,331 95 days
Norview 219 $208,006 80 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,394 $265,055 95 days
Distressed Homes 128 $132,303 127 days
Multi-Million Dollar Homes 16 $1,888,813 122 days
Newly Built Homes 153 $327,953 88 days
Homes with a Pool 25 $510,040 109 days
Reduced Price Homes 541 $243,781 124 days
EXIT Realty Central
Kimberly Plourde, Broker/Owner
870 N. Military Hwy, Suite 100
Norfolk, VA 23502
757-466-1009

©2018 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.

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