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Norfolk, VA Real Estate & Property Data

Norfolk Real Estate Market Trends
Last Updated: April 19, 2024

Accurate and comprehensive real estate data is critical for insight into Norfolk, VA. ATTOM’s Norfolk real estate data is updated daily, and current market trends show that in Norfolk, VA a total of 3,999 residential properties have sold over the past year. With a median home price of $289,900 in Norfolk and a total of 25 foreclosures. Get detailed property data for Norfolk, VA instantly. ATTOM is your one-stop-shop for the Norfolk property reports and real estate data you need in Norfolk, VA.

Norfolk Real Estate Market Trends
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    • Zip Code: 60093
    • City: Chicago, IL
    • Address: 123 Main St, Chicago, IL
Total Residential Properties 59,030
Total Commercial Properties 4,261
Avg. Home Age (Single Family Home) 66 Years
Avg. Square Feet (Single Family Home) 1,704
Total 2024 Residential Sales (year-to-date) 502
% of Homes Seriously Underwater (Q2 2024) 1.07%
Total 2023 Residential Sales 3,709
% of Equity Rich Homes (Q2 2024) 27.83%
Effective 2023 Property Tax 1.14%
Total Foreclosure Filings (year-to-date) 46
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Norfolk, VA Real Estate Overview

There were 3,999 residential properties sold in the past year in Norfolk, VA. The median home value in Norfolk, VA is $278,870. There are a total of 59,030 residential properties in the Norfolk.

Median Sales Price i
$289,900
(Feb 2024)
+3.5%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 $289,900
  • January '24 Jan '24 $299,000
  • December '23 Dec '23 $300,000
  • November '23 Nov '23 $295,000
  • October '23 Oct '23 $302,000
  • September '23 Sep '23 $295,000
  • August '23 Aug '23 $291,200
  • July '23 Jul '23 $293,500
  • June '23 Jun '23 $305,000
  • May '23 May '23 $297,000
  • April '23 Apr '23 $282,500
  • March '23 Mar '23 $287,000
Median Down Payment i
$34,500
(Feb 2024)
+42.5%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 $34,500
  • January '24 Jan '24 $33,725
  • December '23 Dec '23 $41,125
  • November '23 Nov '23 $30,730
  • October '23 Oct '23 $29,027
  • September '23 Sep '23 $47,209
  • August '23 Aug '23 $39,450
  • July '23 Jul '23 $46,500
  • June '23 Jun '23 $38,125
  • May '23 May '23 $25,363
  • April '23 Apr '23 $22,500
  • March '23 Mar '23 $21,542
Number of Homes Sold i
267
(Feb 2024)
-1.8%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 267
  • January '24 Jan '24 235
  • December '23 Dec '23 245
  • November '23 Nov '23 245
  • October '23 Oct '23 283
  • September '23 Sep '23 324
  • August '23 Aug '23 361
  • July '23 Jul '23 336
  • June '23 Jun '23 380
  • May '23 May '23 378
  • April '23 Apr '23 325
  • March '23 Mar '23 348
Number of Purchase Loans i
216
(Feb 2024)
-0.9%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 216
  • January '24 Jan '24 192
  • December '23 Dec '23 180
  • November '23 Nov '23 197
  • October '23 Oct '23 204
  • September '23 Sep '23 259
  • August '23 Aug '23 297
  • July '23 Jul '23 280
  • June '23 Jun '23 327
  • May '23 May '23 326
  • April '23 Apr '23 272
  • March '23 Mar '23 292
Number of REFI Loans i
91
(Feb 2024)
+16.7%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 91
  • January '24 Jan '24 127
  • December '23 Dec '23 69
  • November '23 Nov '23 81
  • October '23 Oct '23 105
  • September '23 Sep '23 96
  • August '23 Aug '23 129
  • July '23 Jul '23 92
  • June '23 Jun '23 94
  • May '23 May '23 110
  • April '23 Apr '23 82
  • March '23 Mar '23 80
Number of HELOC Loans i
46
(Feb 2024)
+17.9%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 46
  • January '24 Jan '24 48
  • December '23 Dec '23 45
  • November '23 Nov '23 33
  • October '23 Oct '23 64
  • September '23 Sep '23 34
  • August '23 Aug '23 61
  • July '23 Jul '23 39
  • June '23 Jun '23 47
  • May '23 May '23 50
  • April '23 Apr '23 47
  • March '23 Mar '23 68

Norfolk, VA Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

Norfolk, VA Foreclosure Activity

There were a total of 25 Norfolk, VA properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 25 Norfolk, VA properties and repossessed 1 Norfolk, VA properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
25
(Feb 2024)
+108.3%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 25
  • January '24 Jan '24 21
  • December '23 Dec '23 17
  • November '23 Nov '23 11
  • October '23 Oct '23 19
  • September '23 Sep '23 25
  • August '23 Aug '23 26
  • July '23 Jul '23 25
  • June '23 Jun '23 21
  • May '23 May '23 17
  • April '23 Apr '23 12
  • March '23 Mar '23 16
Foreclosure Starts i
25
(Feb 2024)
+127.3%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 25
  • January '24 Jan '24 21
  • December '23 Dec '23 17
  • November '23 Nov '23 11
  • October '23 Oct '23 19
  • September '23 Sep '23 25
  • August '23 Aug '23 26
  • July '23 Jul '23 25
  • June '23 Jun '23 21
  • May '23 May '23 17
  • April '23 Apr '23 12
  • March '23 Mar '23 16
Completed Foreclosures (REOs) i
1
(Feb 2024)
-91.7%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 1
  • January '24 Jan '24 6
  • December '23 Dec '23 7
  • November '23 Nov '23 5
  • October '23 Oct '23 4
  • September '23 Sep '23 2
  • August '23 Aug '23 9
  • July '23 Jul '23 1
  • June '23 Jun '23 3
  • May '23 May '23 5
  • April '23 Apr '23 7
  • March '23 Mar '23 6
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