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Median sale price
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ZIP 23505 in Norfolk, VA: housing market trends

The median home sale price in ZIP 23505 in Norfolk, VA was $377,889 for the three-month period ending September 2026. Sale prices were 8.0% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$377,889
three-month period ending September 2026
Median sale price per sq ft
$224.10
three-month period ending September 2026
Active listings
137
three-month period ending September 2026
Typical monthly rent
$1,592
Rent index · August 2026

How is housing inventory changing?

There were 137 active listings for the three-month period ending September 2026. Active listings were 13.3% lower than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 25 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 23505 in Norfolk, VA
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$377,889$224.1076
Single-familySeptember 2026$386,902$228.5566
TownhousesSeptember 2026$292,500$183.004 · small sample
Condos / co-opsSeptember 2026$223,743$161.374 · small sample
Multifamily (2–4 units)September 2026$309,500$179.802 · small sample

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 23505 in Norfolk, VA
MarketMedian sale priceReporting period / source
Norfolk, VA$318,000Month ending July 2026 · Zillow
Portsmouth, VA$269,000Month ending July 2026 · Zillow
Hampton, VA$289,000Month ending July 2026 · Zillow
Carrollton, VA$369,3243 months ending September 2026 · Redfin
Poquoson, VA$497,7583 months ending September 2026 · Redfin
Chesapeake, VA$420,000Month ending July 2026 · Zillow

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 23505 in Norfolk, VA
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$377,889$224.10137
August 2026$335,000$222.15142
July 2026$342,500$218.55147
June 2026$329,000$208.13157
May 2026$340,000$202.02158
April 2026$328,750$207.96148
March 2026$337,000$208.85134
February 2026$323,000$208.89130
January 2026$320,500$203.06136
December 2025$329,125$201.46135
November 2025$335,000$202.12150
October 2025$350,000$203.05150
September 2025$350,000$214.22158
August 2025$350,000$213.08168
July 2025$332,000$213.57164
June 2025$308,950$208.38177
May 2025$298,000$208.67169
April 2025$297,000$206.77144
March 2025$314,774$202.98129
February 2025$325,000$195.81126
January 2025$310,000$196.07128
December 2024$297,750$199.80135
November 2024$300,000$207.14133
October 2024$317,000$211.67144

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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