Market Intelligence · VA / Norfolk

Norfolk, VA 23513 Housing Market

The typical home value in Norfolk 23513 is $271,833, up 2.2% over the past year. The median list price is $299,225, with homes spending a median of 37 days on market as of September 2026.

Updated September 2026Median value$272K

The median home value in Norfolk, VA 23513 is $272K as of September 2026, up 2.2% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 23513 range

$250K to $294K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+2.2% over 12 months

Sep 2025$266K

Low $266KHigh $272K

Sep 2026$272K

The numbers

What is the 23513 housing market like?

As of September 2026

Typical home value

$272K

2.2%YoY

Median list price

$299K

0.2%MoM

Days on market

0.0%MoM

Homes for sale

1.4%MoM

Price cuts

17.9%

16.6%MoM

New listings

28.6%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

23513 housing market forecast 2027

+2.0%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 23513 to rise 2.0% by September 2027.

Over the 12 months through September 2026, typical home values in 23513 rose 2.2%, per the Zillow Home Value Index.

Will home prices drop in 23513?

Zillow's forecast does not call for a drop: it expects typical home values in 23513 to rise 2.0% by September 2027, after a 2.2% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 23513 home prices compare?

23513$271,833
Norfolk$318,192
Virginia$328,255
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Norfolk: 12 ZIPs; Virginia: 757 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there are 72 homes for sale in 23513 and 40 new listings have come to market. The median days on market stands at 37, indicating steady but not rapid turnover. About 17.9% of listings have seen a price cut, suggesting some sellers are adjusting expectations. The typical home value remains modest at $271,833 and has grown 2.2% year over year. For sellers, this is a balanced market where pricing matters.

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Down payment20% · $54,367

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Common questions

What people ask us.

What is the typical home value in Norfolk 23513?

The typical home value is $271,833 as of September 2026, up 2.2% over the past year.

How many homes are currently for sale in 23513?

There are 72 homes for sale as of September 2026, with 40 new listings having entered the market.

How long do homes typically stay on the market here?

The median days on market is 37 as of September 2026.

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Nearby ZIP markets.

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