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  • Norfolk Market Report

    $319,689

    AVERAGE PRICE OF 1,185 HOMES

    $136,943

    AVERAGE PRICE OF 37 DISTRESSED HOMES

    $1,595,850

    AVERAGE PRICE OF 20 MULTI-MILLION DOLLAR HOMES

    $387,811

    AVERAGE PRICE OF 230 NEWLY BUILT HOMES

    $519,099

    AVERAGE PRICE OF 37 HOMES WITH A POOL

    $386,800

    AVERAGE PRICE OF 22 REDUCED PRICE HOMES

    Average Home

    Average Price $319,689
    Avg Bedrooms 3.02 beds
    Avg Bathrooms 1.86 baths

    Average Price by Bedrooms

    1 bedroom $154,512
    2 bedrooms $188,782
    3 bedrooms $285,240
    4 bedrooms $346,039
    5 bedrooms $475,509
    Norfolk Home Price Trends
      9/2020 8/2020 7/2020 6/2020 5/2020
    Total Listings 1,196 1,246 1,266 1,266 1,256
    Average Price $317,894 $314,620 $309,095 $309,420 $302,180
    Avg Price Change +1.04% +1.79% -0.11% +2.40% +3.47%
    Median Price $259,953 $255,942 $252,774 $259,848 $250,746
    Med Price Change +1.57% +1.25% -2.80% +3.63% +4.50%
    Avg Bedrooms 3.03 beds 3.03 beds 3.03 beds 3.06 beds 3.05 beds
    Avg Bathrooms 1.85 baths 1.84 baths 1.84 baths 1.87 baths 1.85 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Bt Washington 161 $263,502 84 days
    Granby 227 $274,062 89 days
    Lake Taylor 230 $381,869 87 days
    Maury 335 $345,995 70 days
    Norview 205 $247,685 59 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 1,185 $319,689 82 days
    Distressed Homes 37 $136,943 156 days
    Multi-Million Dollar Homes 20 $1,595,850 155 days
    Newly Built Homes 230 $387,811 119 days
    Homes with a Pool 37 $519,099 49 days
    Reduced Price Homes 22 $386,800 45 days