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Norfolk, VA 23507 Real Estate & Property Data

Norfolk, VA 23507 Real Estate Market Trends
Last Updated: August 30, 2025

A total of 144 residential properties have been sold over the past 12 months in 23507. With a median sales price of $649,950 in 23507. Discover market trends and get the granular level real estate data for Norfolk, VA 23507 to keep your pulse on the housing market. Curate compelling home reports for Norfolk, VA 23507 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Norfolk, VA 23507 Real Estate Market Trends
Get property data for any address in Norfolk, VA 23507 or the country:
Total Residential Properties 1,868
Total Commercial Properties 75
Avg. Home Age (Single Family Home) 82 Years
Avg. Square Feet (Single Family Home) 2,856
Total 2025 Residential Sales (year-to-date) 68
% of Homes Seriously Underwater (Q3 2025) 0.35%
Total 2024 Residential Sales 121
% of Equity Rich Homes (Q3 2025) 28%
Effective 2024 Property Tax 1.11%
Total Foreclosure Filings (year-to-date) N/A
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Norfolk, VA 23507 Real Estate Overview

There were 144 residential properties sold in the past year in Norfolk, VA 23507. The median home value in Norfolk, VA 23507 is $506,410. There are a total of 1,868 residential properties in the 23507.

Median Sales Price i
$649,950
(Jun 2025)
+10.2%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • June '25 Jun '25 $649,950
  • May '25 May '25 $543,750
  • April '25 Apr '25 $565,000
  • March '25 Mar '25 N/A
  • February '25 Feb '25 $925,000
  • January '25 Jan '25 $715,750
  • December '24 Dec '24 $606,250
  • November '24 Nov '24 $507,500
  • October '24 Oct '24 $508,000
  • September '24 Sep '24 $567,500
  • August '24 Aug '24 $569,000
  • July '24 Jul '24 $632,000
Median Down Payment i
$121,740
(Jun 2025)
+5.9%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • June '25 Jun '25 $121,740
  • May '25 May '25 $97,506
  • April '25 Apr '25 $200,000
  • March '25 Mar '25 N/A
  • February '25 Feb '25 N/A
  • January '25 Jan '25 $72,424
  • December '24 Dec '24 $60,599
  • November '24 Nov '24 $86,000
  • October '24 Oct '24 $66,250
  • September '24 Sep '24 $112,162
  • August '24 Aug '24 $79,350
  • July '24 Jul '24 $149,872
Number of Homes Sold i
16
(Jun 2025)
+33.3%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • June '25 Jun '25 16
  • May '25 May '25 18
  • April '25 Apr '25 16
  • March '25 Mar '25 4
  • February '25 Feb '25 8
  • January '25 Jan '25 6
  • December '24 Dec '24 15
  • November '24 Nov '24 9
  • October '24 Oct '24 11
  • September '24 Sep '24 7
  • August '24 Aug '24 11
  • July '24 Jul '24 11
Number of Purchase Loans i
14
(Jun 2025)
+27.3%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • June '25 Jun '25 14
  • May '25 May '25 12
  • April '25 Apr '25 12
  • March '25 Mar '25 2
  • February '25 Feb '25 6
  • January '25 Jan '25 6
  • December '24 Dec '24 11
  • November '24 Nov '24 9
  • October '24 Oct '24 9
  • September '24 Sep '24 7
  • August '24 Aug '24 9
  • July '24 Jul '24 7
Number of REFI Loans i
1
(Jun 2025)
-50%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • June '25 Jun '25 1
  • May '25 May '25 4
  • April '25 Apr '25 2
  • March '25 Mar '25 3
  • February '25 Feb '25 1
  • January '25 Jan '25 6
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 4
  • September '24 Sep '24 3
  • August '24 Aug '24 N/A
  • July '24 Jul '24 1
Number of HELOC Loans i
2
(Jun 2025)
-50%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • June '25 Jun '25 2
  • May '25 May '25 3
  • April '25 Apr '25 1
  • March '25 Mar '25 2
  • February '25 Feb '25 2
  • January '25 Jan '25 2
  • December '24 Dec '24 N/A
  • November '24 Nov '24 1
  • October '24 Oct '24 2
  • September '24 Sep '24 2
  • August '24 Aug '24 3
  • July '24 Jul '24 1

Norfolk, VA 23507 Real Estate Market Overview

Last 30 days
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Norfolk, VA 23507 Foreclosure Activity

Total Foreclosure Filings i
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • June '25 Jun '25 N/A
  • May '25 May '25 N/A
  • April '25 Apr '25 N/A
  • March '25 Mar '25 N/A
  • February '25 Feb '25 N/A
  • January '25 Jan '25 N/A
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 1
  • July '24 Jul '24 N/A
Foreclosure Starts i
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • June '25 Jun '25 N/A
  • May '25 May '25 N/A
  • April '25 Apr '25 N/A
  • March '25 Mar '25 N/A
  • February '25 Feb '25 N/A
  • January '25 Jan '25 N/A
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 1
  • July '24 Jul '24 N/A
Completed Foreclosures (REOs) i
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • June '25 Jun '25 N/A
  • May '25 May '25 N/A
  • April '25 Apr '25 N/A
  • March '25 Mar '25 N/A
  • February '25 Feb '25 N/A
  • January '25 Jan '25 N/A
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 1
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 N/A
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