The 23502 housing market is very competitive. The median sale price of a home in 23502 was $305K last month, up 1.5% since last year. The median sale price per square foot in 23502 is $173, up 7.1% since last year.
In March 2024, 23502 home prices were up 1.5% compared to last year, selling for a median price of $305K. On average, homes in 23502 sell after 24 days on the market compared to 30 days last year. There were 65 homes sold in March this year, up from 54 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$305,000
+1.5% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
23502, VA
$305,000
+1.5%
United States
To compare other locations to the 23502 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Virginia add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the 23502 housing market?
23502 is very competitive. Homes sell in 21 days.
0
100
80
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 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 21 days.
Hot homes
can sell for about 1% above list price and go pending in around 12 days.
Homes in this area are served by the Norfolk City Public Schools and Tidewater Regional Alternative Education Project.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
7/10
Ingleside Elementary School
Public • PreK-5
540
Students
3 reviews
7/10
Arrowhead Elementary School
Public • PreK-5
536
Students
10 reviews
4/10
Sherwood Forest Elementary School
Public • PreK-5
578
Students
8 reviews
3/10
Lake Taylor Middle School
Public • 3-8
504
Students
4 reviews
3/10
Coleman Place Elementary School
Public • PreK-5
615
Students
9 reviews
Only showing 5 of
12 elementary schools.
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 23502 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 23502.
Risk Factor
Flood Factor - Moderate
60% of properties are at risk of severe flooding over the next 30 years
Flood Factor
23502 has a moderate risk of flooding. 1,237 properties in 23502 are likely to be
severely affected
by flooding over the next 30 years. This represents 60% of all properties in 23502. Flood risk is increasing faster than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
23502 has a minor risk of wildfire. There are 27 properties in 23502 that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in 23502.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
23502 has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 23502 is most at risk from hurricanes. 7,155 properties in 23502 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 142 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 159 mph.