Norfolk, VA 23517 Real Estate & Property Data

Norfolk, VA 23517 Real Estate Market Trends
Last Updated: September 20, 2025

A total of 106 residential properties have been sold over the past 12 months in 23517. With a median sales price of $345,000 in 23517. Discover market trends and get the granular level real estate data for Norfolk, VA 23517 to keep your pulse on the housing market. Curate compelling home reports for Norfolk, VA 23517 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Norfolk, VA 23517 Real Estate Market Trends
Total Residential Properties 1,133
Total Commercial Properties 356
Avg. Home Age (Single Family Home) 75 Years
Avg. Square Feet (Single Family Home) 2,086
Total 2025 Residential Sales (year-to-date) 54
% of Homes Seriously Underwater (Q3 2025) 0.31%
Total 2024 Residential Sales 90
% of Equity Rich Homes (Q3 2025) 26.52%
Effective 2024 Property Tax 1.13%
Total Foreclosure Filings (year-to-date) 3
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Norfolk, VA 23517 Real Estate Overview

There were 106 residential properties sold in the past year in Norfolk, VA 23517. The median home value in Norfolk, VA 23517 is $334,311. There are a total of 1,133 residential properties in the 23517.

Median Sales Price i
$345,000
(Jul 2025)
-46.1%
year-over-year
y-o-y
  • July '25 Jul '25 $345,000
  • June '25 Jun '25 $413,000
  • May '25 May '25 $485,000
  • April '25 Apr '25 $657,500
  • March '25 Mar '25 $486,000
  • February '25 Feb '25 $545,000
  • January '25 Jan '25 $410,000
  • December '24 Dec '24 $600,000
  • November '24 Nov '24 $612,700
  • October '24 Oct '24 $482,450
  • September '24 Sep '24 $428,750
  • August '24 Aug '24 N/A
Median Down Payment i
$90,000
(Jul 2025)
+31.8%
year-over-year
y-o-y
  • July '25 Jul '25 $90,000
  • June '25 Jun '25 $75,750
  • May '25 May '25 $55,000
  • April '25 Apr '25 $103,577
  • March '25 Mar '25 $64,800
  • February '25 Feb '25 $136,250
  • January '25 Jan '25 $32,800
  • December '24 Dec '24 $120,000
  • November '24 Nov '24 $183,810
  • October '24 Oct '24 $88,200
  • September '24 Sep '24 $46,844
  • August '24 Aug '24 N/A
Number of Homes Sold i
9
(Jul 2025)
+12.5%
year-over-year
y-o-y
  • July '25 Jul '25 9
  • June '25 Jun '25 6
  • May '25 May '25 12
  • April '25 Apr '25 7
  • March '25 Mar '25 12
  • February '25 Feb '25 5
  • January '25 Jan '25 3
  • December '24 Dec '24 8
  • November '24 Nov '24 10
  • October '24 Oct '24 13
  • September '24 Sep '24 8
  • August '24 Aug '24 5
Number of Purchase Loans i
8
(Jul 2025)
+14.3%
year-over-year
y-o-y
  • July '25 Jul '25 8
  • June '25 Jun '25 5
  • May '25 May '25 9
  • April '25 Apr '25 7
  • March '25 Mar '25 8
  • February '25 Feb '25 1
  • January '25 Jan '25 3
  • December '24 Dec '24 5
  • November '24 Nov '24 6
  • October '24 Oct '24 12
  • September '24 Sep '24 6
  • August '24 Aug '24 3
Number of REFI Loans i
1
(Jul 2025)
-50%
year-over-year
y-o-y
  • July '25 Jul '25 1
  • June '25 Jun '25 N/A
  • May '25 May '25 1
  • April '25 Apr '25 3
  • March '25 Mar '25 2
  • February '25 Feb '25 1
  • January '25 Jan '25 3
  • December '24 Dec '24 3
  • November '24 Nov '24 N/A
  • October '24 Oct '24 4
  • September '24 Sep '24 2
  • August '24 Aug '24 N/A
Number of HELOC Loans i
5
(Jul 2025)
+400%
year-over-year
y-o-y
  • July '25 Jul '25 5
  • June '25 Jun '25 1
  • May '25 May '25 2
  • April '25 Apr '25 N/A
  • March '25 Mar '25 2
  • February '25 Feb '25 N/A
  • January '25 Jan '25 N/A
  • December '24 Dec '24 N/A
  • November '24 Nov '24 1
  • October '24 Oct '24 3
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A

Norfolk, VA 23517 Foreclosure Activity

Total Foreclosure Filings i
  • July '25 Jul '25 N/A
  • June '25 Jun '25 N/A
  • May '25 May '25 1
  • April '25 Apr '25 1
  • March '25 Mar '25 N/A
  • February '25 Feb '25 N/A
  • January '25 Jan '25 1
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 1
  • September '24 Sep '24 N/A
  • August '24 Aug '24 1
Foreclosure Starts i
  • July '25 Jul '25 N/A
  • June '25 Jun '25 N/A
  • May '25 May '25 1
  • April '25 Apr '25 1
  • March '25 Mar '25 N/A
  • February '25 Feb '25 N/A
  • January '25 Jan '25 1
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 1
  • September '24 Sep '24 N/A
  • August '24 Aug '24 1
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