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$325,000
Median Sale Price
3.0% MoM
3.2% YoY
7/202490
Homes Sold
2.2% MoM
15.1% YoY
7/20240.4
Months Inventory
1.7% MoM
31.2% YoY
7/202417
Days on Market
400 MoM
200 YoY
7/202439
Listings
18.8% MoM
11.4% YoY
7/2024101.6%
Sale Price to List Price
1.2% MoM
0.1% 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.