What the Pros Know
Market Snapshot
Zip Code 23503 | Norfolk, VA
30,991
Population
YoY
202234.8
Median Age
YoY
2022$58,063
Median Household Income
YoY
2022$337,500
Median Sale Price
2.1% MoM
3.8% YoY
6/202598
Homes Sold
7.5% MoM
14.0% YoY
6/20250.6
Months Inventory
13.8% MoM
27.3% YoY
6/202526
Days on Market
5 MoM
6 YoY
6/202555
Listings
20.3% MoM
9.8% YoY
6/2025222
Price per Sq Ft
4.2% MoM
0.5% YoY
6/2025
See 23503 on Zillow
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.