Norfolk Housing Information - Census

IndexNorfolkVirginiaNational
Median home price$196,700$243,500$175,700
Median rent asked$965$1,108$920
Avg. people per household2.62.62.6
Owner occupied households43.7%66.7%64.4%
Renter occupied households56.3%33.3%35.6%

Norfolk Housing Information - Zillow

IndexNorfolkVirginiaNational
Zillow home value index$175,500$236,100$188,100
Year over year appreciation rate4.46%2.30%5.14%
5 year average appreciation rate1.58%2.31%4.12%
10 year average appreciation rate-0.93%-1.22%-0.33%

Did you know?

  • The median home price in Norfolk is 12% higher than the national average.
  • The median rent asked in Norfolk is 5% higher than the national average.
  • The average number of people per household in Norfolk is 2% lower than the national average.
  • The number of owner occupied households in Norfolk is 32% lower than the national average.
  • The number of renter occupied households in Norfolk is 58% higher than the national average.

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Compare Norfolk, VA Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Portsmouth, VA96,007$173,7001%
Hampton, VA136,904$191,8009%
Chesapeake, VA228,168$254,90045%
Norfolk, VA244,745$196,70012%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Laredo, TX245,048$110,70037%
Chandler, AZ245,231$220,70026%
St. Petersburg, FL248,429$140,10020%
Durham, NC240,107$178,2001%
Madison, WI239,848$211,60020%
Norfolk, VA244,745$196,70012%
Source: The Norfolk, VA housing data displayed above is derived from the United States Census Bureau and Zillow data.