Norfolk, VA 23507 Real Estate & Property Data

Norfolk, VA 23507 Real Estate Market Trends
Last Updated: April 29, 2024

A total of 112 residential properties have been sold over the past 12 months in 23507. With a median sales price of $511,000 in 23507. Discover market trends and get the granular level real estate data for Norfolk, VA 23507 to keep your pulse on the housing market. Curate compelling home reports for Norfolk, VA 23507 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Norfolk, VA 23507 Real Estate Market Trends
Total Residential Properties 1,873
Total Commercial Properties 133
Avg. Home Age (Single Family Home) 81 Years
Avg. Square Feet (Single Family Home) 2,850
Total 2024 Residential Sales (year-to-date) 9
% of Homes Seriously Underwater (Q2 2024) 0.58%
Total 2023 Residential Sales 108
% of Equity Rich Homes (Q2 2024) 25.22%
Effective 2023 Property Tax 1.16%
Total Foreclosure Filings (year-to-date) N/A
Interested in Purchasing National or Norfolk, VA 23507 Property Data?

Norfolk, VA 23507 Real Estate Overview

There were 112 residential properties sold in the past year in Norfolk, VA 23507. The median home value in Norfolk, VA 23507 is $462,909. There are a total of 1,873 residential properties in the 23507.

Median Sales Price i
$511,000
(Feb 2024)
-19.5%
year-over-year
y-o-y
  • February '24 Feb '24 $511,000
  • January '24 Jan '24 $490,450
  • December '23 Dec '23 $749,000
  • November '23 Nov '23 $841,250
  • October '23 Oct '23 $518,750
  • September '23 Sep '23 $610,000
  • August '23 Aug '23 $509,250
  • July '23 Jul '23 $631,815
  • June '23 Jun '23 $585,000
  • May '23 May '23 $510,500
  • April '23 Apr '23 $545,000
  • March '23 Mar '23 $682,450
Median Down Payment i
$145,900
(Feb 2024)
+206.3%
year-over-year
y-o-y
  • February '24 Feb '24 $145,900
  • January '24 Jan '24 $124,122
  • December '23 Dec '23 $106,125
  • November '23 Nov '23 $33,825
  • October '23 Oct '23 $148,366
  • September '23 Sep '23 $265,000
  • August '23 Aug '23 $93,000
  • July '23 Jul '23 $168,750
  • June '23 Jun '23 $96,300
  • May '23 May '23 $117,000
  • April '23 Apr '23 $54,500
  • March '23 Mar '23 $36,000
Number of Homes Sold i
5
(Feb 2024)
-28.6%
year-over-year
y-o-y
  • February '24 Feb '24 5
  • January '24 Jan '24 4
  • December '23 Dec '23 11
  • November '23 Nov '23 7
  • October '23 Oct '23 6
  • September '23 Sep '23 8
  • August '23 Aug '23 10
  • July '23 Jul '23 10
  • June '23 Jun '23 15
  • May '23 May '23 9
  • April '23 Apr '23 10
  • March '23 Mar '23 10
Number of Purchase Loans i
4
(Feb 2024)
-33.3%
year-over-year
y-o-y
  • February '24 Feb '24 4
  • January '24 Jan '24 4
  • December '23 Dec '23 10
  • November '23 Nov '23 6
  • October '23 Oct '23 4
  • September '23 Sep '23 8
  • August '23 Aug '23 6
  • July '23 Jul '23 11
  • June '23 Jun '23 11
  • May '23 May '23 8
  • April '23 Apr '23 9
  • March '23 Mar '23 9
Number of REFI Loans i
2
(Feb 2024)
  • February '24 Feb '24 2
  • January '24 Jan '24 2
  • December '23 Dec '23 1
  • November '23 Nov '23 N/A
  • October '23 Oct '23 2
  • September '23 Sep '23 N/A
  • August '23 Aug '23 1
  • July '23 Jul '23 1
  • June '23 Jun '23 2
  • May '23 May '23 1
  • April '23 Apr '23 N/A
  • March '23 Mar '23 1
Number of HELOC Loans i
2
(Feb 2024)
+100%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 N/A
  • December '23 Dec '23 2
  • November '23 Nov '23 2
  • October '23 Oct '23 1
  • September '23 Sep '23 2
  • August '23 Aug '23 1
  • July '23 Jul '23 1
  • June '23 Jun '23 4
  • May '23 May '23 N/A
  • April '23 Apr '23 2
  • March '23 Mar '23 3
Learn how industries are using property, assessor, mortgage, boundary, foreclosure, AVM, listing, hazard, climate, and neighborhood data.
Interested in growing your business with Norfolk, VA 23507 property data?

Contact Us Now!
Call (800) 692-2596 — or fill out this form and we’ll be in touch shortly.