Housing Prices in Port Norfolk, VA

How much do homes in Port Norfolk, VA cost?

Median List Price

$291,250

$166/sqft

Based on all homes listed in October 2024.

Difference Since Last Month

-$1,250(-0.4%)

Key Takeaway

The list price of homes in Port Norfolk has remained the same since September.

Summary: The median home list price in Port Norfolk was $291,250 in October 2024, down 0.4% from the previous month, and the median price per square foot was $166.

Median List Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $239K$234.4K
-1.9%
3 $278.7K$290K
+4.0%
4 $289.9K$289.9K
0.0%
5+ $375K$372.5K
-0.7%

Summary: Port Norfolk housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.9%, 3 bedroom homes increased by 4%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 0.7%.

Median List Price Compared To Nearby Neighborhoods

Lake Shores
+18.4%
Forest Park
+8.8%
Port Norfolk
-0.4%
Merrimac Point
-4.0%

Housing Supply in Port Norfolk, VA

How many homes are available in Port Norfolk, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2728+3.7%

Summary: The Port Norfolk real estate market had 28 homes for sale in October 2024, a 3.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 1011
+10.0%
4 97
-22.2%
5+ 56
+20.0%

Summary: The Port Norfolk housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes increased by 20%.

Days on Market for Port Norfolk, VA

How long does it take to sell a home in Port Norfolk, VA?

Average Listing Age

Sep 2024Oct 2024CHANGE
68 Days79 Days+16.7%

Summary: Homes in Port Norfolk had an average listing age of 79 days in Oct 2024, up by 16.7% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 13 Days Ago

Newest Listings in Port Norfolk, VA

Nearby Markets to Port Norfolk, VA