What the Pros Know
Market Snapshot
Zip Code 23518 | Norfolk, VA
29,337
Population
YoY
202237.4
Median Age
YoY
2022$71,313
Median Household Income
YoY
2022$358,000
Median Sale Price
1.6% MoM
10.2% YoY
7/2024113
Homes Sold
5.8% MoM
8.7% YoY
7/20240.3
Months Inventory
0.3% MoM
25.5% YoY
7/202425
Days on Market
0 MoM
400 YoY
7/202434
Listings
20.9% MoM
19.0% YoY
7/2024100.4%
Sale Price to List Price
0.1% MoM
0.5% 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.