What the Pros Know
Market Snapshot
Zip Code 23523 | Norfolk, VA
7,352
Population
YoY
202230.9
Median Age
YoY
2022$34,201
Median Household Income
YoY
2022$287,500
Median Sale Price
2.7% MoM
14.1% YoY
7/202418
Homes Sold
5.3% MoM
5.9% YoY
7/20240.7
Months Inventory
9.5% MoM
33.3% YoY
7/202434
Days on Market
1300 MoM
1800 YoY
7/202412
Listings
25.0% MoM
29.4% YoY
7/202499.6%
Sale Price to List Price
0.1% MoM
1.2% 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.