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Norfolk City County, VA Real Estate & Property Data

Norfolk City County Real Estate Market Trends

Last Updated: August 30, 2025

With up-to-date real estate data get detailed insight into Norfolk City County, VA sourced from the nation’s leading property data provider. The current median home price in Norfolk City County, VA is $330,000. Norfolk City County real estate data shows that there have been a total of 3,974 residential properties sold over the past 12 months. ATTOM’s Norfolk City County real estate data indicates that the county has 20 properties in foreclosure and 7 REOs (real estate bank owned) properties.

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Total Residential Properties 59,058

Total Commercial Properties 3,492

Avg. Home Age (Single Family Home) 66 Years

Avg. Square Feet (Single Family Home) 1,708

Total 2025 Residential Sales (year-to-date) 1,806

% of Homes Seriously Underwater (Q3 2025) 0.97%

Total 2024 Residential Sales 3,716

% of Equity Rich Homes (Q3 2025) 31.48%

Effective 2024 Property Tax 1.1%

Total Foreclosure Filings (year-to-date) 136

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Norfolk City County, VA Real Estate Overview

There were 3,974 residential properties sold in the past year in Norfolk City County, VA. The median home value in Norfolk City County, VA is $305,998. There are a total of 59,058 residential properties in the Norfolk City.

Median Sales Price i

$330,000

(Jun 2025)

+4.8%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 $330,000
May '25 May '25 $315,000
April '25 Apr '25 $310,775
March '25 Mar '25 $315,000
February '25 Feb '25 $299,450
January '25 Jan '25 $315,000
December '24 Dec '24 $317,750
November '24 Nov '24 $305,000
October '24 Oct '24 $299,000
September '24 Sep '24 $314,750
August '24 Aug '24 $311,000
July '24 Jul '24 $311,105

Median Down Payment i

$45,812

(Jun 2025)

+25%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 $45,812
May '25 May '25 $48,500
April '25 Apr '25 $26,500
March '25 Mar '25 $42,000
February '25 Feb '25 $35,000
January '25 Jan '25 $36,050
December '24 Dec '24 $47,800
November '24 Nov '24 $31,000
October '24 Oct '24 $25,000
September '24 Sep '24 $39,800
August '24 Aug '24 $45,000
July '24 Jul '24 $40,900

Number of Homes Sold i

356

(Jun 2025)

+25.4%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 356
May '25 May '25 356
April '25 Apr '25 326
March '25 Mar '25 282
February '25 Feb '25 284
January '25 Jan '25 202
December '24 Dec '24 265
November '24 Nov '24 269
October '24 Oct '24 307
September '24 Sep '24 334
August '24 Aug '24 337
July '24 Jul '24 372

Number of Purchase Loans i

289

(Jun 2025)

+19.9%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 289
May '25 May '25 290
April '25 Apr '25 273
March '25 Mar '25 253
February '25 Feb '25 234
January '25 Jan '25 174
December '24 Dec '24 213
November '24 Nov '24 236
October '24 Oct '24 257
September '24 Sep '24 274
August '24 Aug '24 275
July '24 Jul '24 301

Number of REFI Loans i

127

(Jun 2025)

+11.4%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 127
May '25 May '25 142
April '25 Apr '25 199
March '25 Mar '25 143
February '25 Feb '25 110
January '25 Jan '25 162
December '24 Dec '24 136
November '24 Nov '24 154
October '24 Oct '24 216
September '24 Sep '24 157
August '24 Aug '24 127
July '24 Jul '24 132

Number of HELOC Loans i

(Jun 2025)

+36.4%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 75
May '25 May '25 65
April '25 Apr '25 52
March '25 Mar '25 51
February '25 Feb '25 42
January '25 Jan '25 45
December '24 Dec '24 38
November '24 Nov '24 50
October '24 Oct '24 68
September '24 Sep '24 65
August '24 Aug '24 61
July '24 Jul '24 60

Norfolk City County, VA Real Estate Market Overview

Last 30 days

City

Median Est. Value

Norfolk

$305,998 $179.12/sqft

Norfolk City County, VA Foreclosure Activity

There were a total of 20 Norfolk City County, VA properties with a foreclosure filing in June 2025. Lenders started the foreclosure process on 20 Norfolk City County, VA properties and repossessed 7 Norfolk City County, VA properties through completed foreclosures (REOs) in June 2025.

Total Foreclosure Filings i

(Jun 2025)

+42.9%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years