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Market Intelligence · VA / Norfolk city

Norfolk, VA housing market

12 ZIP markets liveData updated August 2026Typical value$322K1-yr changeUp1.5%

The median home value in Norfolk, VA is $322K as of August 2026, up 1.5% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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The coverage

Norfolk, by the numbers.

Typical home valueZillow ZHVI, August 2026
$322K
1-yr changeMedian across Norfolk ZIPs
+1.5%
ZIP markets live19 tracked in Norfolk
12
County
Norfolk city

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12-month value trend

+1.5% over 12 months

Typical home value in Norfolk over the last 12 months: $317K in Aug 2025 to $322K in Aug 2026 (+1.5%).

Aug 2025$317K

Aug 2026$322K

Median Zillow home value index across Norfolk's ZIP codes.

Context

As of August 2026, Zillow's index pegs the typical Norfolk home at $321,871, a 12-month move of +1.5%. On the listing side, Realtor.com counts 636 homes on the market, 332 newly listed, and a median asking price of $336,000 in August 2026. A typical listing takes 41 days to sell, and 23.5% of active homes have seen a price reduction. The read is a steady market, gains holding while buyers still have room to negotiate on individual homes.

The numbers

What is the housing market like in Norfolk, VA?

Typical home value

$322K

Up1.5%YoY

Median list price

$336K

Days on market

41

Homes for sale

636

Price cuts

23.5%

New listings

332

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026)

Figures reflect Norfolk's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

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The markets

Which Norfolk ZIP codes have the highest home values?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of August 2026. 1-yr change compares it to the same ZIP a year earlier. We track 19 Norfolk ZIP codes in total; the remaining 7 publish as their data clears editorial QA.

Zillow ZHVI, August 2026

Local pros

Who are the top real estate agents in Norfolk?

Top real estate agents in Norfolk, VA

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Nearby markets

More Virginia housing markets.

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