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market report · 23508
Norfolk, VA · 23508
27 active listings$430,000 median ask$2,634 est. rent0.6% price/rent
$430,000
Median list price
$2,634/mo
Estimated rent
0.6%
Price / rent ratio
27
Listings
FHFA home price index · 2016–2025
52.4% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.47
Median rent / sqft
26 comps
$232.29
Median sold / sqft
26 comps
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Walkability
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Area unemployment
BLS LAUS
Median household income $74,885 · median home value $408,100 · ACS 2024.
Natural-hazard risk Relatively Low (FEMA NRI score 48).
17 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
410 Delaware Ave, Norfolk, VA 23508
Norfolk, VA
$194,950$1,735/mo0.9%
414 Delaware Ave, Norfolk, VA 23508
Norfolk, VA
$205,000$1,686/mo0.8%
434 W 34th St, Norfolk, VA 23508
Norfolk, VA
$289,900$2,330/mo0.8%
1531 W 41st St, Norfolk, VA 23508
Norfolk, VA
$250,000$1,957/mo0.8%
1515 Longwood Dr, Norfolk, VA 23508
Norfolk, VA
$325,000$2,471/mo0.8%
1530 W 40th St, Norfolk, VA 23508
Norfolk, VA
$410,000$2,863/mo0.7%