What the Pros Know
Market Snapshot
Zip Code 23507 | Norfolk, VA
6,588
Population
YoY
202234.9
Median Age
YoY
2022$93,512
Median Household Income
YoY
2022$624,500
Median Sale Price
4.4% MoM
7.5% YoY
7/20248
Homes Sold
0.0% MoM
11.1% YoY
7/20241.0
Months Inventory
14.3% MoM
10% YoY
7/202415
Days on Market
2050 MoM
50 YoY
7/20248
Listings
14.3% MoM
20.0% YoY
7/2024101.5%
Sale Price to List Price
2.7% MoM
1.4% 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.