What the Pros Know
Market Snapshot
Zip Code 23502 | Norfolk, VA
19,994
Population
YoY
202238.5
Median Age
YoY
2022$65,421
Median Household Income
YoY
2022$332,000
Median Sale Price
2.9% MoM
8.5% YoY
7/202463
Homes Sold
1.6% MoM
10.0% YoY
7/20240.4
Months Inventory
2.1% MoM
41.4% YoY
7/202426
Days on Market
550 MoM
850 YoY
7/202428
Listings
17.6% MoM
27.3% YoY
7/2024100.9%
Sale Price to List Price
0.4% MoM
0.4% YoY
7/2024
1. Population Data from U.S. Census Bureau.
2. 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.