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market report · 23507
Norfolk, VA · 23507
16 active listings$277,500 median ask$1,966 est. rent0.7% price/rent
$277,500
Median list price
$1,966/mo
Estimated rent
0.7%
Price / rent ratio
16
Listings
FHFA home price index · 2016–2025
33.2% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.51
Median rent / sqft
15 comps
$220.32
Median sold / sqft
15 comps
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Walkability
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Area unemployment
BLS LAUS
Median household income $104,295 · median home value $555,200 · ACS 2024.
Natural-hazard risk Relatively Low (FEMA NRI score 55).
18 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
1015 Colonial Ave, Norfolk, VA 23507
Norfolk, VA
$245,000$2,667/mo1.1%
1024 Gates Ave, Norfolk, VA 23507
Norfolk, VA
$175,000$1,581/mo0.9%
524 Graydon Ave, Norfolk, VA 23507
Norfolk, VA
$249,900$2,150/mo0.9%
1123 Graydon Ave, Norfolk, VA 23507
Norfolk, VA
$285,000$2,172/mo0.8%
900 Colley Ave, Norfolk, VA 23507
Norfolk, VA
$200,000$1,515/mo0.8%
203 Westover Ave, Norfolk, VA 23507
Norfolk, VA
$234,900$1,698/mo0.7%