House Prices & Home Values Norfolk, VA 2026
Average Data
| average house price | $270,144 |
| average size per house | 1742 ft² |
| average price per ft² | 156 $ / ft² |
01/24/2026 -
The value range (VR) for house prices in Norfolk, VA is $112/ sqft to $231/ sqft. An average home with 1742 sqft costs approximately $195,104 to $402,402. Norfolk, VA includes 14 ZIP codes and it is located in Norfolk county.
The lowest prices are found in ZIP 23509, while the highest are in ZIP 23511. The average price per sqare feet is $156. Our analysis is based on 136 property listings.
Avergage prices by ZIP codes Norfolk
| 23502 | 113 $ / ft² | | 23503 | 132 $ / ft² | | 23504 | 119 $ / ft² | | 23505 | 165 $ / ft² | | 23507 | 158 $ / ft² | | 23508 | 139 $ / ft² | | 23509 | 111 $ / ft² | | 23510 | 233 $ / ft² | | 23511 | 215 $ / ft² | | 23513 | 223 $ / ft² | | 23517 | 201 $ / ft² | | 23518 | 159 $ / ft² | | 23523 | 127 $ / ft² | | 23551 | 172 $ / ft² |
Historical development of home values in Norfolk
| Year |
Estimated value (USD) |
Change vs. 2025 |
| 2010 |
$125,460 |
-53.6% |
| 2011 |
$120,608 |
-55.4% |
| 2012 |
$120,283 |
-55.5% |
| 2013 |
$124,779 |
-53.8% |
| 2014 |
$130,984 |
-51.5% |
| 2015 |
$137,707 |
-49.0% |
| 2016 |
$144,893 |
-46.4% |
| 2017 |
$152,713 |
-43.5% |
| 2018 |
$161,156 |
-40.3% |
| 2019 |
$168,629 |
-37.6% |
| 2020 |
$177,346 |
-34.4% |
| 2021 |
$201,712 |
-25.3% |
| 2022 |
$235,151 |
-13.0% |
| 2023 |
$247,978 |
-8.2% |
| 2024 |
$262,324 |
-2.9% |
| 2025 |
$270,144 |
0.0% |
Graph: estimated home values in Norfolk over time (USD)
Example: 100% financing house in Norfolk
Loan amount:
$270,144
Interest rate:
6.00%
Fixed monthly payment:
$1,619.65
Breakdown in the 1st month:
Interest portion:
$1,350.72 –
Principal portion:
$268.93
Yearly breakdown (100% financing)
| Year |
Interest per year ($) |
Principal per year ($) |
Remaining balance at year-end ($) |
| 1 |
$16,118.40 |
$3,317.40 |
$266,826.60 |
| 2 |
$15,913.79 |
$3,522.01 |
$263,304.59 |
| 3 |
$15,696.56 |
$3,739.24 |
$259,565.35 |
| 4 |
$15,465.93 |
$3,969.87 |
$255,595.48 |
| 5 |
$15,221.08 |
$4,214.72 |
$251,380.76 |
| 6 |
$14,961.12 |
$4,474.68 |
$246,906.09 |
| 7 |
$14,685.13 |
$4,750.66 |
$242,155.42 |
| 8 |
$14,392.12 |
$5,043.67 |
$237,111.75 |
| 9 |
$14,081.04 |
$5,354.76 |
$231,756.99 |
| 10 |
$13,750.77 |
$5,685.03 |
$226,071.96 |
| 11 |
$13,400.13 |
$6,035.67 |
$220,036.30 |
| 12 |
$13,027.86 |
$6,407.93 |
$213,628.36 |
| 13 |
$12,632.64 |
$6,803.16 |
$206,825.20 |
| 14 |
$12,213.03 |
$7,222.76 |
$199,602.44 |
| 15 |
$11,767.55 |
$7,668.25 |
$191,934.19 |
| 16 |
$11,294.59 |
$8,141.21 |
$183,792.98 |
| 17 |
$10,792.46 |
$8,643.34 |
$175,149.64 |
| 18 |
$10,259.35 |
$9,176.44 |
$165,973.19 |
| 19 |
$9,693.37 |
$9,742.43 |
$156,230.77 |
| 20 |
$9,092.48 |
$10,343.32 |
$145,887.45 |
| 21 |
$8,454.53 |
$10,981.27 |
$134,906.18 |
| 22 |
$7,777.22 |
$11,658.57 |
$123,247.60 |
| 23 |
$7,058.15 |
$12,377.65 |
$110,869.95 |
| 24 |
$6,294.72 |
$13,141.07 |
$97,728.88 |
| 25 |
$5,484.21 |
$13,951.59 |
$83,777.29 |
| 26 |
$4,623.71 |
$14,812.09 |
$68,965.20 |
| 27 |
$3,710.13 |
$15,725.67 |
$53,239.53 |
| 28 |
$2,740.20 |
$16,695.59 |
$36,543.94 |
| 29 |
$1,710.46 |
$17,725.34 |
$18,818.60 |
| 30 |
$617.20 |
$18,818.60 |
$0.00 |
Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment
over the entire term. Extra payments, interest rate changes, and additional purchase costs
(e.g. taxes, notary fees) are not included.
How to sell in Norfolk, VA
| 1500 sqft | 3900 sqft |
| Ø selling price | $283,141 | $602,316 | | Ø fast selling | $257,401 | $542,085 | | Ø high price sale | $308,880 | $662,548 |
In 2026, houses in Norfolk, VA will be offered at an average price of $156 per square foot. A 1,500 sqft home priced at $283,141 is 21.37% more expensive per square foot than a 3,900 sqft home priced at $602,316.
Home prices in Norfolk, VA vary significantly depending on the neighborhood and location.
For a quick sale, a 2,700 sqft home should be listed at around $416,989.
Sellers who can wait longer may achieve a higher price of up to $509,653.
Discover Norfolk, VA
Coastal City and Navy Heritage
Norfolk, VA is a vibrant coastal city in Hampton Roads known for its deep-water port and the thriving Downtown Norfolk waterfront.
Home to Naval Station Norfolk, the city blends maritime heritage with modern innovation and a strong military community.
Travelers and new residents alike appreciate Norfolk, Virginia for its walkable neighborhoods, green spaces, and easy access to beaches.
Culture, Attractions, and Things to Do
Top attractions include the Chrysler Museum of Art, the family-friendly Virginia Zoo, and the lively Waterside District with restaurants and harbor views.
History buffs explore Nauticus and the USS Wisconsin battleship, while art lovers browse murals in the NEON District.
Outdoor enthusiasts kayak the Elizabeth River, bike the Elizabeth River Trail, and enjoy festivals like Harborfest on the Downtown Norfolk waterfront.
With a growing craft beer scene, year-round events, and convenient access to Virginia Beach and Portsmouth, there are endless things to do in Norfolk, VA.
Neighborhoods, Dining, and Lifestyle
Popular neighborhoods such as Ghent, Larchmont, and Ocean View offer diverse housing options, from historic homes to modern apartments near the bay.
Foodies savor fresh seafood, international cuisine, and locally roasted coffee, while shoppers browse independent boutiques and the Selden Market incubator.
Whether you are planning a weekend getaway, moving for work, or searching Norfolk real estate, this coastal city delivers a high quality of life and strong job opportunities.
FAQ – Home Values in Norfolk
What is the median home value in Norfolk in 2026?
In 2026, the typical home value in
Norfolk is about
$270,144 for an average home size of
1742 square feet. This corresponds to an average
price of roughly $156 per square foot.
What is the average cost per square foot in Norfolk?
In 2026, homes in
Norfolk sell for an average of around
$156 per square foot, with a typical range
between $112 and
$231 per square foot, depending on the property’s
location, condition, and lot size.
What is the average home size in ?
The average home size in Norfolk is about
1742 square feet, with an estimated
2026 value around
$270,144.
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