What the Pros Know
Market Snapshot
Zip Code 23508 | Norfolk, VA
20,647
Population
YoY
202223.5
Median Age
YoY
2022$73,075
Median Household Income
YoY
2022$415,000
Median Sale Price
3.5% MoM
4.3% YoY
6/202571
Homes Sold
0.0% MoM
18.3% YoY
6/20250.5
Months Inventory
9.3% MoM
3.4% YoY
6/202528
Days on Market
7 MoM
7 YoY
6/202539
Listings
9.3% MoM
2.5% YoY
6/2025224
Price per Sq Ft
1.1% MoM
1% YoY
6/2025
See 23508 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.