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Norfolk

Why you'd want to live in Norfolk

Norfolk Virginia is a city of some 247,000 residents and encompasses 66 square miles. It has seven miles of Chesapeake Bay beachfront and a total of 144 miles of shoreline along our lakes, rivers, and the Bay. Much of this land is located in residential neighborhoods. USA Today called Norfolk one of the Top 10 booming downtowns, recognizing a decades-long housing, retail and financial boom in Norfolk. via norfolk.gov

Norfolk Market Report

$356,918

AVERAGE PRICE OF 1,186 HOMES

$528,144

AVERAGE PRICE OF 136 NEWLY BUILT HOMES

$383,956

AVERAGE PRICE OF 25 HOMES WITH A POOL

$1,408,235

AVERAGE PRICE OF 17 MULTI-MILLION DOLLAR HOMES

$334,815

AVERAGE PRICE OF 39 REDUCED PRICE HOMES

$217,490

AVERAGE PRICE OF 30 DISTRESSED HOMES

Average Home

Average Price $356,918
Avg Bedrooms 3.25 beds
Avg Bathrooms 2.11 baths

Average Price by Bedrooms

1 bedroom $232,204
2 bedrooms $217,111
3 bedrooms $328,688
4 bedrooms $404,821
5 bedrooms $532,755
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Maury 356 $373,210 52 days
Granby 246 $319,691 48 days
Lake Taylor 235 $452,982 89 days
Norview 186 $306,578 37 days
Bt Washington 144 $256,487 43 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,186 $356,918 59 days
Newly Built Homes 136 $528,144 142 days
Homes with a Pool 25 $383,956 34 days
Multi-Million Dollar Homes 17 $1,408,235 123 days
Reduced Price Homes 39 $334,815 33 days
Distressed Homes 30 $217,490 118 days
Harrell Homes Team
Raquel Harrell
249 , Central Park Avenue Suite 300-44
Virginia Beach, VA 23462
757-745-9617

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REIN update its listing on a daily basis. data last updated: June 26, 2022

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