What the Pros Know
108
MyMarketPulse Score
102 Price
113 Volume
8/2024UPDATES IN YOUR INBOX
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230,930
Population
0.7% YoY
202330.6
Median Age
1% YoY
2022$60,998
Median Household Income
8.5% YoY
2022114,019
Labor Force
1.2% MoM
0.1% YoY
8/2024109,410
Employed
1.6% MoM
0.4% YoY
8/20244.0%
Unemployment Rate
8.1% MoM
11.1% YoY
8/2024$315,000
Median Sale Price
1.8% MoM
5.0% YoY
8/2024231
Homes Sold
0.4% MoM
2.7% YoY
8/20241.6
Months Inventory
10% MoM
4.2% YoY
8/202426
Days on Market
1 MoM
1 YoY
8/2024368
Listings
1.4% MoM
7.6% YoY
8/2024100.4%
Sale Price to List Price
0.2% MoM
0.1% YoY
8/2024Cities included in Norfolk: Norfolk
1. Population Data from U.S. Census Bureau.
2. Employment Data from Bureau of Labor and Statistics
3. Sales Data provided by Redfin, a national real estate brokerage.
MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.