What the Pros Know
Market Snapshot
Zip Code 23505 | Norfolk, VA
28,619
Population
YoY
202232
Median Age
YoY
2022$56,919
Median Household Income
YoY
2022$350,000
Median Sale Price
1.1% MoM
1.4% YoY
6/202575
Homes Sold
1.3% MoM
0.0% YoY
6/20250.7
Months Inventory
6.3% MoM
5.9% YoY
6/202531
Days on Market
6 MoM
7 YoY
6/202549
Listings
7.5% MoM
2.1% YoY
6/2025218
Price per Sq Ft
5.8% MoM
1.2% YoY
6/2025
See 23505 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.