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Housing market · June 2026

Norfolk Housing Market

Monthly home prices and sales for Norfolk, Virginia — a $344,029 median sale price in June 2026, up 4.3% from a year earlier.

Median sale price
$344,029
June 2026
Year over year
+4.3%
median sale price vs. June 2025
Homes sold
322
June 2026
Homes for sale
668
inventory, June 2026
Median days on market
26 days
June 2026
As of
June 2026
latest month reported
Median sale price in Norfolk, monthlyJanuary 2017June 2026
20182020202220242026$344k

Norfolk housing market at a glance

Latest month with the change versus June 2025 — always the same month a year earlier, never the prior month (the data is not seasonally adjusted).

MeasureJune 2026Y/Y
Median sale price$344,029+4.3%
Median price per square foot$219+3.9%
Median new-listing price$335,782+5.4%
Homes sold322+0.6%
New listings370+3.4%
Pending sales370+1.9%
Homes for sale (inventory)668-1.0%
Median days on market26 days+1 days
Months of supply2.10 mo.
Sold above list price31.8%-3.9 pts
What renting costs here: Norfolk fair market rents — HUD rent levels by bedroom count (2-bedroom: $1,713/mo).
What's being built: Norfolk building permits — new housing supply (478 units permitted, 12 mo).
How fast shelter costs rise: CPI shelter inflation — the national trend in rent and housing costs.

Norfolk housing market — FAQ

What is the median home price in Norfolk?+

The median home sale price in Norfolk, Virginia was $344,029 in June 2026 ($219 per square foot). Data provided by Redfin, a national real estate brokerage.

Are home prices in Norfolk rising or falling?+

As of June 2026, the median sale price in Norfolk is up 4.3% versus June 2025. Comparisons are always year over year — the data is not seasonally adjusted, so adjacent months mostly reflect the season, not the market.

How many homes sold in Norfolk?+

322 homes sold in Norfolk in June 2026; 3,076 sold over the trailing 12 months.

Why are some months missing?+

Months where Norfolk recorded fewer than 3 sales are not shown — medians and ratios on so few transactions are noise. Gaps stay gaps: nothing is interpolated. Counts of homes sold are kept whenever Redfin reports them.