Norfolk, VA 23511 housing market
Data through May 2026 · Seller's market
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Days on Market
52 days
May 2026
Price Cut %
0.0%
May 2026
Expected Disaster Loss
$55
Dec 2025
What this means
- Negotiating. 0% of listings had a price cut (U.S.: 26%).
- Disaster risk. FEMA expects about $55 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from hurricanes.
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Other ZIP codes in Norfolk city, VA
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Norfolk, VA 23503 | $316.5K | +1.6% | 29 |
| Norfolk, VA 23518 | $343.1K | +1.1% | 15 |
| Norfolk, VA 23513 | $274.7K | +1.9% | 16 |
| Norfolk, VA 23505 | $329.2K | +2.0% | 12 |
| Norfolk, VA 23504 | $273.3K | +0.8% | 31 |
| Norfolk, VA 23502 | $311.7K | +1.4% | 20 |
| Norfolk, VA 23508 | $382.1K | +0.3% | 20 |
| Norfolk, VA 23509 | $286.4K | +2.5% | 20 |
| Norfolk, VA 23510 | $329.2K | −1.6% | 40 |
| Norfolk, VA 23523 | $259.6K | +1.2% | 29 |
| Norfolk, VA 23507 | $480.3K | +0.9% | 30 |
| Norfolk, VA 23517 | $327.3K | −0.7% | 25 |
| ZIP 23551 | – | – | – |