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Norfolk Market Report

$280,813

AVERAGE PRICE OF 1,549 HOMES

$139,026

AVERAGE PRICE OF 144 DISTRESSED HOMES

$2,770,446

AVERAGE PRICE OF 19 MULTI-MILLION DOLLAR HOMES

$340,075

AVERAGE PRICE OF 144 NEWLY BUILT HOMES

$515,274

AVERAGE PRICE OF 64 HOMES WITH A POOL

$264,494

AVERAGE PRICE OF 575 REDUCED PRICE HOMES

Average Home

Average Price $280,813
Avg Bedrooms 2.93 beds
Avg Bathrooms 1.75 baths

Average Price by Bedrooms

1 bedroom $165,934
2 bedrooms $172,117
3 bedrooms $216,458
4 bedrooms $301,740
5 bedrooms $446,570
Norfolk Home Price Trends
  8/2018 7/2018 6/2018 5/2018 4/2018
Total Listings 1,605 1,623 1,642 1,657 n/a
Average Price $273,431 $282,585 $282,275 $279,776 n/a
Avg Price Change -3.35% +0.11% +0.89% n/a n/a
Median Price $220,245 $224,051 $224,703 $224,910 n/a
Med Price Change -1.73% -0.29% -0.09% n/a n/a
Avg Bedrooms 2.95 beds 2.95 beds 2.95 beds 2.96 beds n/a
Avg Bathrooms 1.77 baths 1.78 baths 1.77 baths 1.78 baths n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bt Washington 201 $206,652 72 days
Granby 356 $316,047 89 days
Lake Taylor 282 $278,154 93 days
Maury 437 $310,222 79 days
Norview 241 $217,154 78 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,549 $280,813 85 days
Distressed Homes 144 $139,026 118 days
Multi-Million Dollar Homes 19 $2,770,446 140 days
Newly Built Homes 144 $340,075 90 days
Homes with a Pool 64 $515,274 108 days
Reduced Price Homes 575 $264,494 116 days