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  • Norfolk Market Report

    $276,903

    AVERAGE PRICE OF 1,700 HOMES

    $130,413

    AVERAGE PRICE OF 229 DISTRESSED HOMES

    $2,177,906

    AVERAGE PRICE OF 27 MULTI-MILLION DOLLAR HOMES

    $329,699

    AVERAGE PRICE OF 190 NEWLY BUILT HOMES

    $412,810

    AVERAGE PRICE OF 129 HOMES WITH A POOL

    $263,092

    AVERAGE PRICE OF 653 REDUCED PRICE HOMES

    Average Home

    Average Price $276,903
    Avg Bedrooms 3 beds
    Avg Bathrooms 1.98 baths

    Average Price by Bedrooms

    1 bedroom $198,920
    2 bedrooms $184,963
    3 bedrooms $212,477
    4 bedrooms $302,856
    5 bedrooms $434,614
    Norfolk Home Price Trends
      9/2017 8/2017 7/2017 6/2017 5/2017
    Total Listings 1,731 1,807 1,863 1,869 1,839
    Average Price $279,082 $283,490 $284,406 $286,070 $285,920
    Avg Price Change -1.58% -0.32% -0.59% +0.05% +4.77%
    Median Price $211,583 $210,433 $212,855 $214,800 $214,628
    Med Price Change +0.55% -1.15% -0.91% +0.08% +3.27%
    Avg Bedrooms 3 beds 3 beds 3 beds 3 beds 3 beds
    Avg Bathrooms 1.98 baths 1.99 baths 1.99 baths 2 baths 2.01 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Market
    Bt Washington 207 $177,220 n/a
    Granby 394 $301,050 n/a
    Lake Taylor 310 $292,642 n/a
    Maury 481 $306,815 n/a
    Norview 284 $230,072 n/a
    Home Price by House Size
    Total Homes Average Price Avg Days on Market
    All Homes 1,700 $276,903 n/a
    Distressed Homes 229 $130,413 n/a
    Multi-Million Dollar Homes 27 $2,177,906 n/a
    Newly Built Homes 190 $329,699 n/a
    Homes with a Pool 129 $412,810 n/a
    Reduced Price Homes 653 $263,092 n/a