Norfolk Market Report
$382,155
AVERAGE PRICE OF 861 HOMES$288,342
AVERAGE PRICE OF 28 DISTRESSED HOMES$1,563,000
AVERAGE PRICE OF 23 MULTI-MILLION DOLLAR HOMES$511,663
AVERAGE PRICE OF 62 NEWLY BUILT HOMES$420,285
AVERAGE PRICE OF 14 HOMES WITH A POOL$367,011
AVERAGE PRICE OF 34 REDUCED PRICE HOMESAverage Home
Average Price | $382,155 |
Avg Bedrooms | 2.96 beds |
Avg Bathrooms | 1.79 baths |
Average Price by Bedrooms
1 bedroom | $214,456 |
2 bedrooms | $287,310 |
3 bedrooms | $335,235 |
4 bedrooms | $427,011 |
5 bedrooms | $528,822 |
Norfolk Home Price Trends
1/2025 | 12/2024 | 11/2024 | 10/2024 | 9/2024 | |
---|---|---|---|---|---|
Total Listings | 794 | 834 | 915 | 927 | 919 |
Average Price | $383,219 | $384,768 | $392,307 | $392,836 | $393,062 |
Avg Price Change | -0.40% | -1.96% | -0.13% | -0.06% | +0.37% |
Median Price | $315,611 | $322,075 | $325,000 | $324,760 | $325,495 |
Med Price Change | -2.05% | -0.91% | +0.07% | -0.23% | +0.09% |
Avg Bedrooms | 2.91 beds | 2.92 beds | 2.94 beds | 2.93 beds | 2.88 beds |
Avg Bathrooms | 1.74 baths | 1.75 baths | 1.82 baths | 1.79 baths | 1.75 baths |
Home Price by High School
School Name | Total Homes | Average Price | Avg Days on Site |
---|---|---|---|
Maury | 262 | $392,342 | 68 days |
Home Price by House Size
Total Homes | Average Price | Avg Days on Site | |
---|---|---|---|
All Homes | 861 | $382,155 | 65 days |
Distressed Homes | 28 | $288,342 | 81 days |
Multi-Million Dollar Homes | 23 | $1,563,000 | 116 days |
Newly Built Homes | 62 | $511,663 | 71 days |
Homes with a Pool | 14 | $420,285 | 46 days |
Reduced Price Homes | 34 | $367,011 | 45 days |