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  • Andy Hubba
    757-515-3028

    Norfolk Market Report

    $266,448

    AVERAGE PRICE OF 1,707 HOMES

    $258,838

    AVERAGE PRICE OF 649 REDUCED PRICE HOMES

    $133,084

    AVERAGE PRICE OF 224 DISTRESSED HOMES

    $2,181,610

    AVERAGE PRICE OF 27 MULTI-MILLION DOLLAR HOMES

    $328,847

    AVERAGE PRICE OF 193 NEWLY BUILT HOMES

    $410,922

    AVERAGE PRICE OF 128 HOMES WITH A POOL

    Average Home

    Average Price $266,448
    Avg Bedrooms 3 beds
    Avg Bathrooms 1.49 baths

    Average Price by Bedrooms

    1 bedroom $199,070
    2 bedrooms $185,831
    3 bedrooms $234,469
    4 bedrooms $302,661
    5 bedrooms $427,299
    Norfolk Home Price Trends
      9/2017 8/2017 7/2017 6/2017 5/2017
    Total Listings 1,731 1,807 1,863 1,869 1,840
    Average Price $279,082 $283,490 $284,406 $286,070 $266,550
    Avg Price Change -1.58% -0.32% -0.59% +7.32% +3.83%
    Median Price $211,583 $210,433 $212,855 $214,800 $230,904
    Med Price Change +0.55% -1.15% -0.91% -7.50% +3.00%
    Avg Bedrooms 3 beds 3 beds 3 beds 3 beds 3 beds
    Avg Bathrooms 1.98 baths 1.99 baths 1.99 baths 2 baths 1.51 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Market
    Bt Washington 207 $177,776 n/a
    Granby 402 $301,149 n/a
    Lake Taylor 308 $291,514 n/a
    Maury 485 $307,105 n/a
    Norview 279 $228,979 n/a
    Home Price by House Size
    Total Homes Average Price Avg Days on Market
    All Homes 1,707 $266,448 114 days
    Reduced Price Homes 649 $258,838 114 days
    Distressed Homes 224 $133,084 n/a
    Multi-Million Dollar Homes 27 $2,181,610 n/a
    Newly Built Homes 193 $328,847 n/a
    Homes with a Pool 128 $410,922 n/a