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Norfolk, VA 23505 Real Estate & Property Data

Norfolk, VA 23505 Real Estate Market Trends
Last Updated: April 28, 2024

A total of 404 residential properties have been sold over the past 12 months in 23505. With a median sales price of $330,000 in 23505 and a total of 2 foreclosures in Norfolk, VA 23505. Discover market trends and get the granular level real estate data for Norfolk, VA 23505 to keep your pulse on the housing market. Curate compelling home reports for Norfolk, VA 23505 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Norfolk, VA 23505 Real Estate Market Trends
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    • Zip Code: 60093
    • City: Chicago, IL
    • Address: 123 Main St, Chicago, IL
Total Residential Properties 5,850
Total Commercial Properties 305
Avg. Home Age (Single Family Home) 71 Years
Avg. Square Feet (Single Family Home) 1,827
Total 2024 Residential Sales (year-to-date) 62
% of Homes Seriously Underwater (Q2 2024) 1.24%
Total 2023 Residential Sales 358
% of Equity Rich Homes (Q2 2024) 27.29%
Effective 2023 Property Tax 1.17%
Total Foreclosure Filings (year-to-date) 4
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Norfolk, VA 23505 Real Estate Overview

There were 404 residential properties sold in the past year in Norfolk, VA 23505. The median home value in Norfolk, VA 23505 is $296,426. There are a total of 5,850 residential properties in the 23505.

Median Sales Price i
$330,000
(Feb 2024)
-1.5%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 $330,000
  • January '24 Jan '24 $299,000
  • December '23 Dec '23 $350,000
  • November '23 Nov '23 $277,500
  • October '23 Oct '23 $329,000
  • September '23 Sep '23 $331,000
  • August '23 Aug '23 $336,000
  • July '23 Jul '23 $330,000
  • June '23 Jun '23 $341,834
  • May '23 May '23 $297,000
  • April '23 Apr '23 $268,000
  • March '23 Mar '23 $283,000
Median Down Payment i
$24,000
(Feb 2024)
-49.3%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 $24,000
  • January '24 Jan '24 $51,000
  • December '23 Dec '23 $92,000
  • November '23 Nov '23 $20,717
  • October '23 Oct '23 $22,327
  • September '23 Sep '23 $40,750
  • August '23 Aug '23 $39,000
  • July '23 Jul '23 $28,000
  • June '23 Jun '23 $76,445
  • May '23 May '23 $12,300
  • April '23 Apr '23 $43,500
  • March '23 Mar '23 $53,529
Number of Homes Sold i
30
(Feb 2024)
+36.4%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 30
  • January '24 Jan '24 32
  • December '23 Dec '23 25
  • November '23 Nov '23 23
  • October '23 Oct '23 27
  • September '23 Sep '23 43
  • August '23 Aug '23 32
  • July '23 Jul '23 33
  • June '23 Jun '23 38
  • May '23 May '23 40
  • April '23 Apr '23 33
  • March '23 Mar '23 26
Number of Purchase Loans i
22
(Feb 2024)
-8.3%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 22
  • January '24 Jan '24 20
  • December '23 Dec '23 17
  • November '23 Nov '23 21
  • October '23 Oct '23 22
  • September '23 Sep '23 35
  • August '23 Aug '23 25
  • July '23 Jul '23 26
  • June '23 Jun '23 34
  • May '23 May '23 31
  • April '23 Apr '23 26
  • March '23 Mar '23 26
Number of REFI Loans i
9
(Feb 2024)
-30.8%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 9
  • January '24 Jan '24 9
  • December '23 Dec '23 5
  • November '23 Nov '23 5
  • October '23 Oct '23 10
  • September '23 Sep '23 7
  • August '23 Aug '23 9
  • July '23 Jul '23 8
  • June '23 Jun '23 8
  • May '23 May '23 13
  • April '23 Apr '23 6
  • March '23 Mar '23 6
Number of HELOC Loans i
3
(Feb 2024)
-25%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 3
  • January '24 Jan '24 3
  • December '23 Dec '23 6
  • November '23 Nov '23 2
  • October '23 Oct '23 14
  • September '23 Sep '23 1
  • August '23 Aug '23 10
  • July '23 Jul '23 4
  • June '23 Jun '23 3
  • May '23 May '23 6
  • April '23 Apr '23 4
  • March '23 Mar '23 11

Norfolk, VA 23505 Real Estate Market Overview

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Norfolk, VA 23505 Foreclosure Activity

There were a total of 2 Norfolk, VA 23505 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
2
(Feb 2024)
-33.3%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 2
  • January '24 Jan '24 2
  • December '23 Dec '23 2
  • November '23 Nov '23 3
  • October '23 Oct '23 2
  • September '23 Sep '23 2
  • August '23 Aug '23 1
  • July '23 Jul '23 1
  • June '23 Jun '23 3
  • May '23 May '23 1
  • April '23 Apr '23 1
  • March '23 Mar '23 N/A
Foreclosure Starts i
2
(Feb 2024)
-33.3%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 2
  • January '24 Jan '24 2
  • December '23 Dec '23 2
  • November '23 Nov '23 3
  • October '23 Oct '23 2
  • September '23 Sep '23 2
  • August '23 Aug '23 1
  • July '23 Jul '23 1
  • June '23 Jun '23 3
  • May '23 May '23 1
  • April '23 Apr '23 1
  • March '23 Mar '23 N/A
Completed Foreclosures (REOs) i
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 N/A
  • January '24 Jan '24 1
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 2
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 2
  • April '23 Apr '23 3
  • March '23 Mar '23 N/A
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