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  • Norfolk Market Report

    $293,858

    AVERAGE PRICE OF 1,254 HOMES

    $145,266

    AVERAGE PRICE OF 90 DISTRESSED HOMES

    $1,549,353

    AVERAGE PRICE OF 17 MULTI-MILLION DOLLAR HOMES

    $361,510

    AVERAGE PRICE OF 194 NEWLY BUILT HOMES

    $506,652

    AVERAGE PRICE OF 23 HOMES WITH A POOL

    $296,324

    AVERAGE PRICE OF 35 REDUCED PRICE HOMES

    Average Home

    Average Price $293,858
    Avg Bedrooms 3.02 beds
    Avg Bathrooms 1.84 baths

    Average Price by Bedrooms

    1 bedroom $178,072
    2 bedrooms $185,141
    3 bedrooms $243,611
    4 bedrooms $339,586
    5 bedrooms $442,343
    Norfolk Home Price Trends
      3/2020 2/2020 1/2020 12/2019 11/2019
    Total Listings 1,289 1,246 1,174 1,253 1,380
    Average Price $292,033 $285,022 $284,648 $288,088 $287,567
    Avg Price Change +2.46% +0.13% -1.21% +0.18% +0.06%
    Median Price $239,869 $232,127 $227,728 $228,650 $228,221
    Med Price Change +3.34% +1.93% -0.40% +0.19% +0.62%
    Avg Bedrooms 3.03 beds 2.98 beds 2.93 beds 2.93 beds 2.95 beds
    Avg Bathrooms 1.85 baths 1.82 baths 1.77 baths 1.77 baths 1.77 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Bt Washington 179 $229,763 63 days
    Granby 284 $252,827 96 days
    Lake Taylor 224 $368,029 82 days
    Maury 347 $332,461 82 days
    Norview 193 $219,582 78 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 1,254 $293,858 87 days
    Distressed Homes 90 $145,266 98 days
    Multi-Million Dollar Homes 17 $1,549,353 183 days
    Newly Built Homes 194 $361,510 96 days
    Homes with a Pool 23 $506,652 75 days
    Reduced Price Homes 35 $296,324 47 days