If you need assistance, please call 757-425-6060

  • Andy Hubba
    757-515-3028

    Norfolk Market Report

    $270,489

    AVERAGE PRICE OF 1,888 HOMES

    $256,308

    AVERAGE PRICE OF 631 REDUCED PRICE HOMES

    $133,383

    AVERAGE PRICE OF 223 DISTRESSED HOMES

    $2,174,619

    AVERAGE PRICE OF 33 MULTI-MILLION DOLLAR HOMES

    $327,728

    AVERAGE PRICE OF 209 NEWLY BUILT HOMES

    $444,943

    AVERAGE PRICE OF 144 HOMES WITH A POOL

    Average Home

    Average Price $270,489
    Avg Bedrooms 3 beds
    Avg Bathrooms 1.5 baths

    Average Price by Bedrooms

    1 bedroom $169,793
    2 bedrooms $177,244
    3 bedrooms $237,153
    4 bedrooms $313,330
    5 bedrooms $462,336
    Norfolk Home Price Trends
      5/2017 4/2017 3/2017 2/2017 1/2017
    Total Listings 1,840 1,820 1,766 1,720 1,649
    Average Price $266,550 $256,722 $248,807 $233,237 $232,024
    Avg Price Change +3.83% +3.18% +6.68% +0.52% -0.03%
    Median Price $230,904 $224,182 $216,930 $201,741 $199,330
    Med Price Change +3.00% +3.34% +7.53% +1.21% -0.60%
    Avg Bedrooms 3 beds 3 beds 3 beds 3 beds 3 beds
    Avg Bathrooms 1.51 baths 1.49 baths 1.49 baths 1.48 baths 1.48 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Market
    Bt Washington 237 $193,072 n/a
    Granby 414 $288,870 n/a
    Lake Taylor 368 $313,972 n/a
    Maury 528 $322,025 n/a
    Norview 312 $237,097 n/a
    Home Price by House Size
    Total Homes Average Price Avg Days on Market
    All Homes 1,888 $270,489 114 days
    Reduced Price Homes 631 $256,308 114 days
    Distressed Homes 223 $133,383 n/a
    Multi-Million Dollar Homes 33 $2,174,619 n/a
    Newly Built Homes 209 $327,728 n/a
    Homes with a Pool 144 $444,943 n/a