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The Norfolk Guide

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Norfolk, Virginia, is the cultural and historic heart of the Hampton Roads region, known for its deep ties to the U.S. Navy and maritime history. Home to Naval Station Norfolk, the largest naval base in the world, the city has long been a hub for defense, shipping, and international trade.

 

Visitors can explore the Chrysler Museum of Art, the Virginia Zoo, or enjoy live performances and nightlife at the Waterside District. Norfolk’s waterfront setting also makes it a destination for boating, harbor cruises, and waterfront festivals. Its neighborhoods offer a mix of historic charm and modern energy, paired with a thriving food scene featuring everything from fresh seafood to global cuisine. Blending history, arts, and coastal living, Norfolk is a city that offers experiences for both residents and visitors alike.

Norfolk Monthly Market Update

Watch or Read the Market Update Below

Norfolk Market Update

How was the market in September for Norfolk?

Click the link above or read below!

Norfolk's month of September was very similar to August with a few changes but nothing too drastic!

If you are looking in Norfolk the average price has dropped slightly by a couple of thousand.

Days homes are sitting on the market is still at that average 22 days but thats up almost 30% compared to last year so essentially you have more time to look and decide this year vs last year (homes were moving a bit quicker).

New inventory has gone up slightly in Norfolk from last year but total inventory has dropped ever so slightly from last month!

Closed deals in Norfolk is lower than last month and last year for overall numbers.

I'd say if you are considering Norfolk, depending on the area you may be able to negotiate something you desire into a contract.

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