• Andy Hubba
    757-515-3028

    Norfolk Market Report

    $250,348

    AVERAGE PRICE OF 1,783 HOMES

    $128,544

    AVERAGE PRICE OF 235 DISTRESSED HOMES

    $2,332,418

    AVERAGE PRICE OF 20 MULTI-MILLION DOLLAR HOMES

    $330,773

    AVERAGE PRICE OF 192 NEWLY BUILT HOMES

    $446,486

    AVERAGE PRICE OF 131 HOMES WITH A POOL

    $222,830

    AVERAGE PRICE OF 497 REDUCED PRICE HOMES

    Average Home

    Average Price $250,348
    Avg Bedrooms 3 beds
    Avg Bathrooms 1.49 baths

    Average Price by Bedrooms

    1 bedroom $164,603
    2 bedrooms $180,616
    3 bedrooms $223,786
    4 bedrooms $294,334
    5 bedrooms $415,697
    Norfolk Home Price Trends
      2/2017 1/2017 12/2016 11/2016 10/2016
    Total Listings 1,720 1,649 1,398 1,361 1,384
    Average Price $233,237 $232,024 $232,092 $204,020 $260,622
    Avg Price Change +0.52% -0.03% +13.76% -27.74% -0.89%
    Median Price $201,741 $199,330 $200,528 $177,038 $202,553
    Med Price Change +1.21% -0.60% +13.27% -14.41% -0.17%
    Avg Bedrooms 3 beds 3 beds 3 beds 2.52 beds 3 beds
    Avg Bathrooms 1.48 baths 1.48 baths 1.48 baths 1.23 baths 1.95 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Market
    Bt Washington 248 $184,438 n/a
    Granby 377 $265,490 n/a
    Lake Taylor 343 $311,451 n/a
    Maury 486 $314,267 n/a
    Norview 293 $202,726 n/a
    Home Price by House Size
    Total Homes Average Price Avg Days on Market
    All Homes 1,783 $250,348 81 days
    Distressed Homes 235 $128,544 n/a
    Multi-Million Dollar Homes 20 $2,332,418 n/a
    Newly Built Homes 192 $330,773 n/a
    Homes with a Pool 131 $446,486 n/a
    Reduced Price Homes 497 $222,830 n/a