Better Homes & Gardens Real Estate
Norfolk City, VA
Single-Family Homes
SeeVirginiaBeachVaHomes.com Admin@Yourfriendlyagent.net 757-654-5059
Norfolk City, VA
Wed Feb 25 2026
This week the median list price for Norfolk City, VA is $349,900 with the market action index hovering around 43. This is an increase over last month's market action index of 41. Inventory has decreased to 293.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Real-Time Market Profile
| Median List Price | $349,900 | |
| Median Price of New Listings | $329,900 | |
| Per Square Foot | $217 | |
| Average Days on Market | 94 | |
| Median Days on Market | 56 | |
| Price Decreased | 29% | |
| Price Increased | 2% | |
| Relisted | 19% | |
| Inventory | 293 | |
| Median Rent | ||
| Market Action | 43 | |
| Slight Seller's Advantage | ||
Click for more charts
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $697,000 | 2,706 | 4,500 - 6,500 sqft | 4 | 3 | 37 | 9 | 6 | 91 |
| $385,000 | 1,928 | - | 4 | 2.3 | 72 | 9 | 9 | 63 |
| $315,000 | 1,476 | 0 - 4,500 sqft | 3 | 2 | 78 | 14 | 18 | 42 |
| $245,000 | 1,160 | - | 3 | 1 | 84 | 11 | 16 | 28 |