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Norfolk, VA 23518 Real Estate & Property Data

Norfolk, VA 23518 Real Estate Market Trends
Last Updated: September 20, 2025

A total of 618 residential properties have been sold over the past 12 months in 23518. With a median sales price of $339,900 in 23518 and a total of 1 foreclosures in Norfolk, VA 23518. Discover market trends and get the granular level real estate data for Norfolk, VA 23518 to keep your pulse on the housing market. Curate compelling home reports for Norfolk, VA 23518 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Norfolk, VA 23518 Real Estate Market Trends
Get property data for any address in Norfolk, VA 23518 or the country:
Total Residential Properties 9,523
Total Commercial Properties 436
Avg. Home Age (Single Family Home) 59 Years
Avg. Square Feet (Single Family Home) 1,789
Total 2025 Residential Sales (year-to-date) 351
% of Homes Seriously Underwater (Q3 2025) 0.74%
Total 2024 Residential Sales 572
% of Equity Rich Homes (Q3 2025) 33.6%
Effective 2024 Property Tax 1.09%
Total Foreclosure Filings (year-to-date) 15
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Norfolk, VA 23518 Real Estate Overview

There were 618 residential properties sold in the past year in Norfolk, VA 23518. The median home value in Norfolk, VA 23518 is $336,648. There are a total of 9,523 residential properties in the 23518.

Median Sales Price i
$339,900
(Jul 2025)
-2.6%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • July '25 Jul '25 $339,900
  • June '25 Jun '25 $365,000
  • May '25 May '25 $347,450
  • April '25 Apr '25 $347,250
  • March '25 Mar '25 $329,999
  • February '25 Feb '25 $317,449
  • January '25 Jan '25 $365,000
  • December '24 Dec '24 $360,000
  • November '24 Nov '24 $346,500
  • October '24 Oct '24 $330,000
  • September '24 Sep '24 $341,250
  • August '24 Aug '24 $322,000
Median Down Payment i
$95,625
(Jul 2025)
+122.4%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • July '25 Jul '25 $95,625
  • June '25 Jun '25 $47,150
  • May '25 May '25 $35,500
  • April '25 Apr '25 $70,000
  • March '25 Mar '25 $22,745
  • February '25 Feb '25 $15,372
  • January '25 Jan '25 $38,975
  • December '24 Dec '24 $71,000
  • November '24 Nov '24 $35,000
  • October '24 Oct '24 $33,165
  • September '24 Sep '24 $50,000
  • August '24 Aug '24 $37,700
Number of Homes Sold i
69
(Jul 2025)
+16.9%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • July '25 Jul '25 69
  • June '25 Jun '25 58
  • May '25 May '25 48
  • April '25 Apr '25 57
  • March '25 Mar '25 54
  • February '25 Feb '25 37
  • January '25 Jan '25 28
  • December '24 Dec '24 43
  • November '24 Nov '24 35
  • October '24 Oct '24 42
  • September '24 Sep '24 47
  • August '24 Aug '24 41
Number of Purchase Loans i
56
(Jul 2025)
+19.1%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • July '25 Jul '25 56
  • June '25 Jun '25 49
  • May '25 May '25 40
  • April '25 Apr '25 50
  • March '25 Mar '25 48
  • February '25 Feb '25 32
  • January '25 Jan '25 24
  • December '24 Dec '24 32
  • November '24 Nov '24 32
  • October '24 Oct '24 34
  • September '24 Sep '24 43
  • August '24 Aug '24 33
Number of REFI Loans i
25
(Jul 2025)
+92.3%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • July '25 Jul '25 25
  • June '25 Jun '25 19
  • May '25 May '25 16
  • April '25 Apr '25 31
  • March '25 Mar '25 23
  • February '25 Feb '25 16
  • January '25 Jan '25 16
  • December '24 Dec '24 27
  • November '24 Nov '24 28
  • October '24 Oct '24 35
  • September '24 Sep '24 17
  • August '24 Aug '24 19
Number of HELOC Loans i
9
(Jul 2025)
-25%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • July '25 Jul '25 9
  • June '25 Jun '25 17
  • May '25 May '25 10
  • April '25 Apr '25 11
  • March '25 Mar '25 5
  • February '25 Feb '25 5
  • January '25 Jan '25 7
  • December '24 Dec '24 5
  • November '24 Nov '24 8
  • October '24 Oct '24 14
  • September '24 Sep '24 14
  • August '24 Aug '24 6

Norfolk, VA 23518 Real Estate Market Overview

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Norfolk, VA 23518 Foreclosure Activity

There were a total of 1 Norfolk, VA 23518 properties with a foreclosure filing in July 2025.

Total Foreclosure Filings i
1
(Jul 2025)
-80%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • July '25 Jul '25 1
  • June '25 Jun '25 1
  • May '25 May '25 5
  • April '25 Apr '25 4
  • March '25 Mar '25 2
  • February '25 Feb '25 N/A
  • January '25 Jan '25 2
  • December '24 Dec '24 1
  • November '24 Nov '24 2
  • October '24 Oct '24 2
  • September '24 Sep '24 2
  • August '24 Aug '24 3
Foreclosure Starts i
1
(Jul 2025)
-80%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • July '25 Jul '25 1
  • June '25 Jun '25 1
  • May '25 May '25 5
  • April '25 Apr '25 4
  • March '25 Mar '25 2
  • February '25 Feb '25 N/A
  • January '25 Jan '25 2
  • December '24 Dec '24 1
  • November '24 Nov '24 2
  • October '24 Oct '24 2
  • September '24 Sep '24 2
  • August '24 Aug '24 3
Completed Foreclosures (REOs) i
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • July '25 Jul '25 N/A
  • June '25 Jun '25 1
  • May '25 May '25 N/A
  • April '25 Apr '25 N/A
  • March '25 Mar '25 N/A
  • February '25 Feb '25 1
  • January '25 Jan '25 N/A
  • December '24 Dec '24 N/A
  • November '24 Nov '24 1
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
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