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$329,000
Median Sale Price
2.8% MoM
0.3% YoY
7/202463
Homes Sold
5.0% MoM
30.8% YoY
7/20240.6
Months Inventory
3% MoM
48.1% YoY
7/202417
Days on Market
0 MoM
300 YoY
7/202440
Listings
8.1% MoM
2.6% YoY
7/2024101.1%
Sale Price to List Price
0.5% 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.