All Home Types
Norfolk, VA Housing Market
What is the housing market like in Norfolk today?
In February 2025, Norfolk home prices were up 7.1% compared to last year, selling for a median price of $312K. On average, homes in Norfolk sell after 42 days on the market compared to 35 days last year. There were 228 homes sold in February this year, up from 228 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$311,750
+7.1% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Norfolk, VA
$311,750
+7.1%
United States
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Norfolk Migration & Relocation Trends
In Dec '24 - Feb '25, 31% of Norfolk homebuyers searched to move out of Norfolk, while 69% looked to stay within the metropolitan area.
- Across the nation, 0.82% of homebuyers searched to move into Norfolk from outside metros.
- Washington homebuyers searched to move into Norfolk more than any other metro followed by Richmond and New York.
Where are people moving to Norfolk from?
- 69% of Norfolk homebuyers searched to stay within the Norfolk metropolitan area.
- Roanoke was the most popular destination among Norfolk homebuyers followed by Lynchburg and Harrisonburg.
Where are people from Norfolk moving to?
Number of People Moving to Norfolk
least
most
People are moving to Norfolk from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Dec '24 - Feb '25 | ||
| 1 | 1,997 | ||
| 2 | 813 | ||
| 3 | 519 | ||
| 4 | 249 | ||
| 5 | 164 | ||
| 6 | 158 | ||
| 7 | 141 | ||
| 8 | 119 | ||
| 9 | 87 | ||
| 10 | 62 | ||
People are leaving Norfolk for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Dec '24 - Feb '25 | ||
| 1 | 122 | ||
| 2 | 97 | ||
| 3 | 95 | ||
| 4 | 72 | ||
| 5 | 67 | ||
| 6 | 60 | ||
| 7 | 59 | ||
| 8 | 57 | ||
| 9 | 49 | ||
| 10 | 44 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Norfolk.
Provided by First Street Foundation
Transportation in Norfolk
Learn about the walkability, bikeability, and transit-friendliness of Norfolk
Car-Dependent
Walk Score®
Some Transit
Transit Score®
Somewhat Bikeable
Bike Score®
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