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Downtown Norfolk

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Downtown Norfolk

Downtown Norfolk's housing market in early 2025 is experiencing a buyer's market. The median sale price is approximately $322,000, reflecting a 19% decrease year-over-year. Homes in this area typically sell after 78 days on the market, compared to 62 days the previous year. The median sale price per square foot is around $255, marking a 7.1% increase from the previous year. The sale-to-list price ratio is about 98.7%, indicating that homes are selling slightly below the asking price on average. The market is characterized by increased inventory and longer selling times.

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Downtown Norfolk
Market Report

Schools In The Area

Browse local schools, complete with ratings and contact info.

Around The Area

Browse through the top rated businesses that Downtown Norfolk has to offer!

News and Advice

Read helpful resources and articles related to the area.

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Top Neighborhoods in the Hampton Roads Area for …

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Why Single-Level Homes Are in Demand Right Now

Why Single-Level Homes Are in Demand Right Now

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