The story of this market
The typical home in ZIP 23505 sells for about $330,000, or $230 per square foot.
Prices are down 1.5% from a year ago, which gives buyers more room to negotiate. Homes take about 72 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,334 a month.
ZIP 23505 — Norfolk
The housing market in 23505 shows a median list price of $330,000 with 57 active listings. Several metrics including closed sales, months of supply, and rent data are not determinable at the ZIP level. Market activity is currently characterized by a moderate pace with a median of 72 days on market.
Median prices moved down 1.5% year over year.
Homes spend a median of 72 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.8% · poverty 14.3% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 23505, Norfolk City, VA
Data sourced from ZIP-specific estimates; many specific ACS fields not available at ZCTA level in provided sources.
- Apex Entertainment Virginia Beach4.59.6 mi
- Dave & Buster's4.113.4 mi
- Hunt Club Farm4.617.4 mi
- Sky Zone Trampoline Park4.29.1 mi
- Hampton Virginia Aquaplex4.110.3 mi
- Virginia Aquarium & Marine Science Center4.417.7 mi
- Hampton Coliseum4.410 mi
- Virginia Beach Convention Center4.517 mi
- Veterans United Home Loans Amphitheater at Virginia Beach4.414.1 mi
- Topgolf Virginia Beach4.47.8 mi
- Virginia Zoo4.52.6 mi
- Norfolk Botanical Garden4.84.6 mi
- Mount Trashmore Park4.710.5 mi
- Apex Entertainment Virginia Beach4.59.6 mi
- AMC Hampton Towne Centre 244.412.8 mi
- Virginia Aquarium & Marine Science Center4.417.7 mi
- Virginia Living Museum4.715.3 mi
- Chrysler Museum of Art4.84 mi
- Nauticus4.74.6 mi
- Cape Henry Lighthouse4.415.2 mi
- Norfolk Botanical Garden4.84.6 mi
- Mount Trashmore Park4.710.5 mi
- Buckroe Beach and Park4.68.7 mi
- Oak Grove Park4.711 mi
- Chesapeake City Park4.711.6 mi
- VIG Portsmouth3.45.1 mi
- Tidewater Yacht Marina4.75.1 mi
- Bay Point Marina4.55.6 mi
- Morningstar Marinas4.45.1 mi
- MWR Norfolk Naval Sailing Center and Marina4.53.2 mi
- Topgolf Virginia Beach4.47.8 mi
- Sewells Point Golf Course4.30.6 mi
- Riverfront Golf Club4.49.3 mi
- Greenbrier Country Club4.510.8 mi
- Bide-A-Wee Golf Course4.48.3 mi
- Norfolk Premium Outlets4.45.1 mi
- Greenbrier Mall4.19.8 mi
- Navy Exchange Main4.52.5 mi
- Grand Mart4.47 mi
- Town Center of Virginia Beach4.59.6 mi
- Norfolk International Airport4.34.8 mi
- Naval Air Station Oceana4.315.9 mi
- Newport News/Williamsburg International Airport4.419.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).