Market Intelligence · VA / Norfolk

Norfolk, VA 23523 Housing Market

The typical home in Norfolk's 23523 ZIP code is valued at $260,566, up 2.2% over the past year. The median list price is $313,675, and homes are taking a median of 22 days on market.

Updated June 2026Median value$261K

The median home value in Norfolk, VA 23523 is $261K as of June 2026, up 2.2% 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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Typical 23523 range

$240K to $281K

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

Typical home value in 23523 over the last 12 months: $255K in Jun 2025 to $261K in Jun 2026 (+2.2%).

Jun 2025$255K

Jun 2026$261K

The numbers

What is the 23523 housing market like?

Typical home value

$261K

Up2.2%YoY

Median list price

$314K

Days on market

22

Down29.0%MoM

Homes for sale

14

Price cuts

0.0%

New listings

8

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 23523 home prices compare?

  • 23523$260,566
  • Norfolk$324,302
  • Virginia$335,462
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Norfolk: 12 ZIPs; Virginia: 757 ZIPs; United States: 26,270 ZIPs).

Context

As of June 1, 2026, there are 14 homes for sale in 23523, with 8 new listings added recently. The median list price sits at $313,675, while the typical home value is $260,566, up 2.2% over the past year. Homes are moving at a median of 22 days on market. None of the current listings have taken a price cut. For sellers, the combination of steady value growth and no price reductions suggests demand is holding up.

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