What the Pros Know
Market Snapshot
Zip Code 23504 | Norfolk, VA
24,202
Population
YoY
202228.7
Median Age
YoY
2022$39,611
Median Household Income
YoY
2022$285,000
Median Sale Price
3.4% MoM
2.7% YoY
7/202453
Homes Sold
8.2% MoM
24.3% YoY
7/20240.9
Months Inventory
14.9% MoM
102.5% YoY
7/202428
Days on Market
200 MoM
500 YoY
7/202446
Listings
16.4% MoM
53.3% YoY
7/202499.7%
Sale Price to List Price
0.3% MoM
0.2% 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.