How much is a home in 23523 worth?

The typical home value in 23523 is $259,617, up 1.2% over the past year as of 2026-08-01. Values can vary by property, but that figure gives a reasonable starting point.

How long does it take to sell a home in 23523?

Homes in 23523 are spending a median of 45 days on market as of 2026-08-01. That suggests a market that is neither rushed nor stalled.

Are sellers in 23523 cutting prices?

Yes, 16.7% of listings in 23523 have had a price cut as of 2026-08-01. The median list price is currently $320,900.

Market Intelligence · VA / Norfolk

Norfolk, VA 23523 Housing Market

The typical home value in Norfolk's 23523 ZIP code is $259,617, up 1.2% over the past year as of 2026-08-01. The median list price sits at $320,900, and homes are spending a median of 45 days on market.

Updated August 2026Median value$260K

The median home value in Norfolk, VA 23523 is $260K as of August 2026, up 1.2% 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.

Sell without the wait

Sell your Norfolk home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 23523 range

$239K to $280K

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.

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 23523 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Norfolk, VA.

12-month value trend

+1.2% over 12 months

Aug 2025$256K

Low $256KHigh $260K

Aug 2026$260K

The numbers

What is the 23523 housing market like?

As of August 2026

Typical home value

$260K

1.2%YoY

Median list price

$321K

5.3%MoM

Days on market

2.2%MoM

Homes for sale

5.6%MoM

Price cuts

16.7%

2.1%MoM

New listings

0.0%MoM

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

Free home value report

See what your 23523 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 23523 home prices compare?

23523$259,617
Norfolk$321,871
Virginia$330,987
United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Norfolk: 12 ZIPs; Virginia: 757 ZIPs; United States: 26,265 ZIPs).

Context

The 23523 market in Norfolk is moving at a moderate pace. There are 17 homes for sale as of 2026-08-01, with 8 new listings coming on in the same period. The median list price of $320,900 stands above the typical home value of $259,617, which has risen 1.2% over the past year. About 16.7% of listings have taken a price cut, and homes are selling in a median of 45 days. For a seller, this looks like a stable market where pricing accurately from the start matters more than testing the top of the range.

Monthly payment

Estimate your monthly payment.

Home price

Down payment20% · $51,923

Term

Rate (%)

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading