Norfolk, VA 23509 Real Estate & Property Data

Norfolk, VA 23509 Real Estate Market Trends
Last Updated: August 30, 2025

A total of 321 residential properties have been sold over the past 12 months in 23509. With a median sales price of $294,950 in 23509 and a total of 1 foreclosures in Norfolk, VA 23509. Discover market trends and get the granular level real estate data for Norfolk, VA 23509 to keep your pulse on the housing market. Curate compelling home reports for Norfolk, VA 23509 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Norfolk, VA 23509 Real Estate Market Trends
Total Residential Properties 4,554
Total Commercial Properties 132
Avg. Home Age (Single Family Home) 75 Years
Avg. Square Feet (Single Family Home) 1,616
Total 2025 Residential Sales (year-to-date) 140
% of Homes Seriously Underwater (Q3 2025) 0.76%
Total 2024 Residential Sales 304
% of Equity Rich Homes (Q3 2025) 32.07%
Effective 2024 Property Tax 1.07%
Total Foreclosure Filings (year-to-date) 11
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Norfolk, VA 23509 Real Estate Overview

There were 321 residential properties sold in the past year in Norfolk, VA 23509. The median home value in Norfolk, VA 23509 is $277,473. There are a total of 4,554 residential properties in the 23509.

Median Sales Price i
$294,950
(Jun 2025)
+13.9%
year-over-year
y-o-y
  • June '25 Jun '25 $294,950
  • May '25 May '25 $280,000
  • April '25 Apr '25 $325,000
  • March '25 Mar '25 $325,000
  • February '25 Feb '25 $290,000
  • January '25 Jan '25 $297,450
  • December '24 Dec '24 $309,000
  • November '24 Nov '24 $300,000
  • October '24 Oct '24 $241,000
  • September '24 Sep '24 $279,000
  • August '24 Aug '24 $295,000
  • July '24 Jul '24 $300,000
Median Down Payment i
$35,250
(Jun 2025)
+76.2%
year-over-year
y-o-y
  • June '25 Jun '25 $35,250
  • May '25 May '25 $83,500
  • April '25 Apr '25 $73,575
  • March '25 Mar '25 $116,000
  • February '25 Feb '25 $43,104
  • January '25 Jan '25 $8,513
  • December '24 Dec '24 $8,965
  • November '24 Nov '24 $4,619
  • October '24 Oct '24 $28,482
  • September '24 Sep '24 $16,234
  • August '24 Aug '24 $50,545
  • July '24 Jul '24 $6,410
Number of Homes Sold i
23
(Jun 2025)
-4.2%
year-over-year
y-o-y
  • June '25 Jun '25 23
  • May '25 May '25 30
  • April '25 Apr '25 23
  • March '25 Mar '25 21
  • February '25 Feb '25 23
  • January '25 Jan '25 20
  • December '24 Dec '24 19
  • November '24 Nov '24 20
  • October '24 Oct '24 23
  • September '24 Sep '24 30
  • August '24 Aug '24 31
  • July '24 Jul '24 34
Number of Purchase Loans i
18
(Jun 2025)
-14.3%
year-over-year
y-o-y
  • June '25 Jun '25 18
  • May '25 May '25 26
  • April '25 Apr '25 19
  • March '25 Mar '25 21
  • February '25 Feb '25 23
  • January '25 Jan '25 16
  • December '24 Dec '24 17
  • November '24 Nov '24 15
  • October '24 Oct '24 19
  • September '24 Sep '24 25
  • August '24 Aug '24 22
  • July '24 Jul '24 32
Number of REFI Loans i
9
(Jun 2025)
-10%
year-over-year
y-o-y
  • June '25 Jun '25 9
  • May '25 May '25 15
  • April '25 Apr '25 15
  • March '25 Mar '25 12
  • February '25 Feb '25 8
  • January '25 Jan '25 17
  • December '24 Dec '24 6
  • November '24 Nov '24 12
  • October '24 Oct '24 26
  • September '24 Sep '24 12
  • August '24 Aug '24 11
  • July '24 Jul '24 17
Number of HELOC Loans i
9
(Jun 2025)
+200%
year-over-year
y-o-y
  • June '25 Jun '25 9
  • May '25 May '25 6
  • April '25 Apr '25 2
  • March '25 Mar '25 2
  • February '25 Feb '25 4
  • January '25 Jan '25 1
  • December '24 Dec '24 4
  • November '24 Nov '24 2
  • October '24 Oct '24 3
  • September '24 Sep '24 3
  • August '24 Aug '24 13
  • July '24 Jul '24 7

Norfolk, VA 23509 Foreclosure Activity

There were a total of 1 Norfolk, VA 23509 properties with a foreclosure filing in June 2025.

Total Foreclosure Filings i
1
(Jun 2025)
year-over-year
y-o-y
  • June '25 Jun '25 1
  • May '25 May '25 4
  • April '25 Apr '25 3
  • March '25 Mar '25 N/A
  • February '25 Feb '25 1
  • January '25 Jan '25 2
  • December '24 Dec '24 1
  • November '24 Nov '24 1
  • October '24 Oct '24 1
  • September '24 Sep '24 2
  • August '24 Aug '24 1
  • July '24 Jul '24 2
Foreclosure Starts i
1
(Jun 2025)
year-over-year
y-o-y
  • June '25 Jun '25 1
  • May '25 May '25 4
  • April '25 Apr '25 3
  • March '25 Mar '25 N/A
  • February '25 Feb '25 1
  • January '25 Jan '25 2
  • December '24 Dec '24 1
  • November '24 Nov '24 1
  • October '24 Oct '24 1
  • September '24 Sep '24 2
  • August '24 Aug '24 1
  • July '24 Jul '24 2
Completed Foreclosures (REOs) i
  • June '25 Jun '25 N/A
  • May '25 May '25 1
  • April '25 Apr '25 1
  • March '25 Mar '25 N/A
  • February '25 Feb '25 N/A
  • January '25 Jan '25 1
  • 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 N/A
  • July '24 Jul '24 N/A
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