The Port Norfolk housing market is somewhat competitive. The median sale price of a home in Port Norfolk was $255K last month, up 36.0% since last year. The median sale price per square foot in Port Norfolk is $178, up 15.2% since last year.
What is the housing market like in Port Norfolk today?
In February 2025, Port Norfolk home prices were up 36.0% compared to last year, selling for a median price of $255K. On average, homes in Port Norfolk sell after 60 days on the market compared to 64 days last year. There were 12 homes sold in February this year, down from 13 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$255,000
+36.0% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Port Norfolk, VA
$255,000
+36.0%
United States
To compare other locations to the Port Norfolk and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Portsmouth add value to a home.
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How hot is the Port Norfolk housing market?
Port Norfolk is somewhat competitive. Homes sell in 51 days.
0
100
61
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 51 days.
Hot homes
can sell for about 1% above list price and go pending in around 31 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Port Norfolk housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Port Norfolk.
Flood Factor - Moderate
97% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Port Norfolk has a moderate risk of flooding. 643 properties in Port Norfolk are likely to be
severely affected
by flooding over the next 30 years. This represents 97% of all properties in Port Norfolk. Flood risk is increasing slower than the national average.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Port Norfolk has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Port Norfolk is most at risk from hurricanes. 1,196 properties in Port Norfolk have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 120 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 137 mph.