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$400,500
Median Sale Price
1.1% MoM
5.7% YoY
7/202460
Homes Sold
17.6% MoM
16.7% YoY
7/20240.6
Months Inventory
2.6% MoM
27.3% YoY
7/202420
Days on Market
0 MoM
600 YoY
7/202435
Listings
2.9% MoM
6.1% YoY
7/2024101.7%
Sale Price to List Price
0.1% MoM
0.1% 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.