Norfolk city, Virginia Property Value Indicators (2024)

Median Value

$289,900

Total Properties

44,000
Owner-Occupied

High Value ($1M+)

3.0%
Market Share

Low Value (<$25k)

2.5%
Affordability Floor

Norfolk city, Virginia Property Value Distribution (2024)

Value Distribution for
Figure 1: Percentage of owner-occupied housing units by valuation tier in .



Property Value FAQs for Norfolk city, Virginia

The median property value in Norfolk city, Virginia is $289,900.

In recent years, median home values in Norfolk city, Virginia have increased by 39.1%.