The Norvella Heights housing market is very competitive. The median sale price of a home in Norvella Heights was $239K last month, down 15.4% since last year. The median sale price per square foot in Norvella Heights is $207, up 38.0% since last year.
What is the housing market like in Norvella Heights today?
In October 2024, Norvella Heights home prices were down 15.4% compared to last year, selling for a median price of $239K. On average, homes in Norvella Heights sell after 27 days on the market compared to 32 days last year. There were 5 homes sold in October this year, up from 2 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$239,000
-15.4% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Norvella Heights, VA
$239,000
-15.4%
United States
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How hot is the Norvella Heights housing market?
Norvella Heights is very competitive. Homes sell in 23.5 days.
0
100
73
Very 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 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 24 days.
Hot homes
can sell for about 2% above list price and go pending in around 13 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 Norvella Heights housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Norvella Heights.
Flood Factor - Minor
79% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Norvella Heights has a minor risk of flooding. 164 properties in Norvella Heights are likely to be
severely affected
by flooding over the next 30 years. This represents 79% of all properties in Norvella Heights. 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
Norvella Heights has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Norvella Heights is most at risk from hurricanes. 464 properties in Norvella Heights 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 124 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 136 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Norvella Heights has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Norvella Heights have an Extreme Heat Factor®.
Norvella Heights is expected to see a 128% increase in the number of days over 105ºF over the next 30 years. Norvella Heights is expected to experience 7