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Norfolk Market Report

$283,161

AVERAGE PRICE OF 1,613 HOMES

$156,894

AVERAGE PRICE OF 170 DISTRESSED HOMES

$2,214,762

AVERAGE PRICE OF 19 MULTI-MILLION DOLLAR HOMES

$333,096

AVERAGE PRICE OF 159 NEWLY BUILT HOMES

$463,739

AVERAGE PRICE OF 117 HOMES WITH A POOL

$266,333

AVERAGE PRICE OF 533 REDUCED PRICE HOMES

Average Home

Average Price $283,161
Avg Bedrooms 2.95 beds
Avg Bathrooms 1.78 baths

Average Price by Bedrooms

1 bedroom $174,687
2 bedrooms $187,101
3 bedrooms $218,115
4 bedrooms $317,570
5 bedrooms $493,005
Norfolk Home Price Trends
  6/2018 5/2018 4/2018 3/2018 2/2018
Total Listings 1,642 1,657 n/a 1,520 1,463
Average Price $282,275 $279,776 n/a $269,170 $265,759
Avg Price Change +0.89% n/a n/a +1.28% -0.29%
Median Price $224,703 $224,910 n/a $210,064 $205,860
Med Price Change -0.09% n/a n/a +2.04% +0.87%
Avg Bedrooms 2.95 beds 2.96 beds n/a 3 beds 3 beds
Avg Bathrooms 1.77 baths 1.78 baths n/a 1.97 baths 1.95 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Market
Bt Washington 172 $205,689 72 days
Granby 397 $281,370 81 days
Lake Taylor 264 $303,507 95 days
Maury 470 $317,466 82 days
Norview 275 $232,505 65 days
Home Price by House Size
Total Homes Average Price Avg Days on Market
All Homes 1,613 $283,161 82 days
Distressed Homes 170 $156,894 110 days
Multi-Million Dollar Homes 19 $2,214,762 177 days
Newly Built Homes 159 $333,096 78 days
Homes with a Pool 117 $463,739 93 days
Reduced Price Homes 533 $266,333 111 days