Norfolk, VA Real Estate Prices per Square Foot
Buy prices, rent prices, historical development and submitted values for Norfolk, VA.
Average buy price
$219.00 / sqft
Typical residential purchase price per square foot.
Average rent
$2.06 / sqft / month
Monthly rent per square foot.
Median home price
$338,983
Estimated median residential sale price.
Median monthly rent
$1,700
Estimated median rent for the city.
Historical price development
Buy price development
Buy prices have decreased by about 18.1% over the last 5 years.
Rent price development
Rent prices have increased by about 18.0% over the last 5 years.
Submitted values in Norfolk
This table includes recent submitted values and individual historical comparable values, so the local price development is easier to compare.
| Date | Type | Property | Price / sqft | Size | Total | Area |
|---|---|---|---|---|---|---|
| 2026-07-04 | Rent | loft | $2.58 / sqft | 760 sqft | $1,961 | NEON District 23510 |
| 2026-07-02 | Buy | single-family home | $237.00 / sqft | 2,600 sqft | $616,200 | Talbot Park 23505 |
| 2026-06-28 | Buy | condo | $235.00 / sqft | 980 sqft | $230,300 | Ghent 23517 |
| 2026-06-26 | Buy | condo | $248.00 / sqft | 860 sqft | $213,280 | Downtown Norfolk 23510 |
| 2026-06-21 | Buy | townhouse | $312.00 / sqft | 2,100 sqft | $655,200 | East Beach 23518 |
| 2026-06-21 | Buy | single-family home | $221.00 / sqft | 1,680 sqft | $371,280 | Ocean View 23503 |
| 2026-06-20 | Buy | single-family home | $171.00 / sqft | 1,400 sqft | $239,400 | Broad Creek 23504 |
| 2026-06-17 | Rent | townhouse | $2.06 / sqft | 1,420 sqft | $2,925 | East Ocean View 23518 |
| 2026-06-16 | Rent | luxury apartment | $2.71 / sqft | 1,020 sqft | $2,764 | Freemason 23510 |
| 2026-06-13 | Buy | townhouse | $244.00 / sqft | 1,550 sqft | $378,200 | Downtown Norfolk 23510 |
| 2026-06-12 | Rent | duplex | $1.78 / sqft | 1,120 sqft | $1,994 | Lafayette-Winona 23509 |
| 2026-06-12 | Rent | single-family home | $1.62 / sqft | 1,550 sqft | $2,511 | Bayview 23503 |
| 2026-06-09 | Rent | single-family home | $1.83 / sqft | 2,100 sqft | $3,843 | Larchmont 23508 |
| 2026-06-06 | Buy | single-family home | $196.00 / sqft | 1,500 sqft | $294,000 | Bayview 23503 |
| 2026-06-04 | Rent | apartment | $1.68 / sqft | 705 sqft | $1,184 | Willoughby Bay 23503 |
| 2026-05-30 | Buy | townhouse | $190.00 / sqft | 1,450 sqft | $275,500 | Wards Corner 23505 |
| 2026-05-28 | Buy | single-family home | $181.00 / sqft | 1,325 sqft | $239,825 | Norview 23513 |
| 2026-05-27 | Rent | apartment | $1.54 / sqft | 810 sqft | $1,247 | Huntersville 23504 |
| 2026-05-27 | Buy | single-family home | $225.00 / sqft | 1,820 sqft | $409,500 | Colonial Place 23508 |
| 2026-05-26 | Buy | duplex | $156.00 / sqft | 1,850 sqft | $288,600 | Park Place 23504 |
| 2026-05-23 | Buy | multi-family home | $136.00 / sqft | 3,600 sqft | $489,600 | Park Place 23504 |
| 2026-05-21 | Rent | luxury apartment | $2.72 / sqft | 1,180 sqft | $3,210 | East Beach 23518 |
| 2026-05-17 | Rent | townhouse | $1.92 / sqft | 1,325 sqft | $2,544 | Talbot Park 23505 |
| 2026-05-14 | Buy | condo | $252.00 / sqft | 1,250 sqft | $315,000 | Ghent 23517 |
| 2026-05-14 | Rent | apartment | $1.65 / sqft | 625 sqft | $1,031 | Norview 23513 |
| 2026-05-13 | Buy | single-family home | $243.00 / sqft | 2,450 sqft | $595,350 | Larchmont 23508 |
| 2026-05-12 | Rent | condo | $2.20 / sqft | 1,050 sqft | $2,310 | Ghent Square 23517 |
| 2026-05-11 | Buy | duplex | $145.00 / sqft | 2,050 sqft | $297,250 | Ballentine Place 23509 |
| 2026-05-11 | Rent | apartment | $2.44 / sqft | 690 sqft | $1,684 | Ghent 23517 |
| 2026-05-10 | Buy | single-family home | $238.00 / sqft | 1,900 sqft | $452,200 | East Ocean View 23518 |
| 2026-05-08 | Rent | single-family home | $1.49 / sqft | 1,850 sqft | $2,757 | Wards Corner 23505 |
| 2026-05-06 | Rent | apartment | $1.83 / sqft | 650 sqft | $1,190 | Highland Park 23508 |
| 2026-05-01 | Rent | luxury apartment | $2.86 / sqft | 850 sqft | $2,431 | Downtown Norfolk 23510 |
| 2026-04-30 | Rent | apartment | $1.72 / sqft | 590 sqft | $1,015 | Park Place 23504 |
| 2026-04-30 | Rent | apartment | $1.78 / sqft | 720 sqft | $1,282 | Wards Corner 23505 |
| 2026-04-29 | Rent | single-family home | $1.55 / sqft | 1,720 sqft | $2,666 | Suburban Acres 23505 |
| 2026-04-27 | Rent | townhouse | $1.96 / sqft | 1,480 sqft | $2,901 | Colonial Place 23508 |
| 2026-04-26 | Buy | townhouse | $231.00 / sqft | 1,750 sqft | $404,250 | Ghent Square 23517 |
| 2026-04-24 | Buy | condo | $228.00 / sqft | 940 sqft | $214,320 | East Ocean View 23518 |
| 2026-04-24 | Buy | multi-family home | $122.00 / sqft | 3,200 sqft | $390,400 | Huntersville 23504 |
| 2026-04-22 | Buy | single-family home | $213.00 / sqft | 1,580 sqft | $336,540 | Suburban Acres 23505 |
| 2026-04-21 | Buy | single-family home | $207.00 / sqft | 1,710 sqft | $353,970 | Lafayette-Winona 23509 |
| 2026-04-20 | Rent | apartment | $2.51 / sqft | 540 sqft | $1,355 | Downtown Norfolk 23510 |
| 2026-04-13 | Rent | townhouse | $1.78 / sqft | 1,250 sqft | $2,225 | Ocean View 23503 |
| 2026-04-12 | Rent | condo | $2.05 / sqft | 875 sqft | $1,794 | Ocean View 23503 |
| 2026-04-12 | Buy | condo | $265.00 / sqft | 1,120 sqft | $296,800 | Freemason 23510 |
| 2026-04-12 | Rent | condo | $2.35 / sqft | 980 sqft | $2,303 | Freemason 23510 |
| 2026-04-12 | Rent | duplex | $1.88 / sqft | 1,080 sqft | $2,030 | Colonial Place 23508 |
| 2026-04-08 | Buy | single-family home | $246.00 / sqft | 2,050 sqft | $504,300 | Willoughby Spit 23503 |
| 2026-04-05 | Buy | loft | $260.00 / sqft | 790 sqft | $205,400 | NEON District 23510 |
| 2025-11-06 | Rent | luxury apartment | $2.48 / sqft / month | 760 sqft | $1,885 | NEON District 23510 |
| 2025-08-28 | Buy | single-family home | $198.00 / sqft | 1,650 sqft | $326,700 | Suburban Acres 23505 |
| 2025-05-22 | Rent | duplex | $1.72 / sqft / month | 1,150 sqft | $1,978 | Colonial Place 23508 |
| 2025-03-13 | Buy | townhouse | $213.00 / sqft | 1,800 sqft | $383,400 | East Ocean View 23518 |
| 2024-10-04 | Rent | apartment | $1.58 / sqft / month | 740 sqft | $1,169 | Wards Corner 23505 |
| 2024-06-17 | Buy | condo | $205.00 / sqft | 1,100 sqft | $225,500 | Ghent 23517 |
| 2024-02-29 | Rent | single-family home | $1.55 / sqft / month | 1,600 sqft | $2,480 | Bayview 23503 |
| 2023-07-11 | Buy | single-family home | $196.00 / sqft | 2,250 sqft | $441,000 | Larchmont 23508 |
| 2023-01-25 | Rent | luxury apartment | $2.25 / sqft / month | 820 sqft | $1,845 | Downtown Norfolk 23510 |
| 2022-09-02 | Buy | duplex | $128.00 / sqft | 2,100 sqft | $268,800 | Park Place 23504 |
| 2022-03-19 | Rent | townhouse | $1.63 / sqft / month | 1,350 sqft | $2,201 | East Ocean View 23518 |
| 2021-08-31 | Buy | single-family home | $251.00 / sqft | 2,450 sqft | $614,950 | East Beach 23518 |
| 2021-05-27 | Rent | condo | $1.78 / sqft / month | 900 sqft | $1,602 | Freemason 23510 |
| 2020-11-20 | Buy | single-family home | $145.00 / sqft | 1,400 sqft | $203,000 | Norview 23513 |
| 2020-04-15 | Rent | apartment | $1.35 / sqft / month | 680 sqft | $918 | Willoughby Spit 23503 |
| 2019-10-08 | Buy | townhouse | $184.00 / sqft | 1,750 sqft | $322,000 | Ghent Square 23517 |
| 2019-06-21 | Rent | single-family home | $1.28 / sqft / month | 1,500 sqft | $1,920 | Ocean View 23503 |
| 2018-12-12 | Buy | single-family home | $162.00 / sqft | 2,400 sqft | $388,800 | Talbot Park 23505 |
| 2018-05-03 | Rent | duplex | $1.25 / sqft / month | 1,050 sqft | $1,313 | Colonial Place 23508 |
| 2017-09-16 | Buy | condo | $175.00 / sqft | 950 sqft | $166,250 | Downtown Norfolk 23510 |
| 2017-02-25 | Rent | apartment | $1.55 / sqft / month | 710 sqft | $1,101 | NEON District 23510 |
| 2016-08-09 | Buy | single-family home | $142.00 / sqft | 1,500 sqft | $213,000 | Bayview 23503 |
| 2016-04-18 | Rent | townhouse | $1.13 / sqft / month | 1,320 sqft | $1,492 | Wards Corner 23505 |
| 2015-10-30 | Buy | single-family home | $128.00 / sqft | 1,700 sqft | $217,600 | Lafayette-Winona 23509 |
| 2015-05-07 | Rent | luxury apartment | $1.72 / sqft / month | 780 sqft | $1,342 | Freemason 23510 |
| 2014-11-14 | Buy | condo | $157.00 / sqft | 1,050 sqft | $164,850 | Ghent 23517 |
| 2014-03-12 | Rent | single-family home | $1.06 / sqft / month | 1,450 sqft | $1,537 | Suburban Acres 23505 |
| 2013-07-20 | Buy | townhouse | $139.00 / sqft | 1,500 sqft | $208,500 | East Ocean View 23518 |
| 2013-01-29 | Rent | apartment | $1.02 / sqft / month | 620 sqft | $632 | Highland Park 23508 |
| 2012-09-06 | Buy | single-family home | $123.00 / sqft | 1,600 sqft | $196,800 | Colonial Place 23508 |
| 2012-04-23 | Rent | condo | $1.38 / sqft / month | 820 sqft | $1,132 | Downtown Norfolk 23510 |
| 2011-10-17 | Buy | duplex | $72.00 / sqft | 1,900 sqft | $136,800 | Ballentine Place 23509 |
| 2011-06-01 | Rent | townhouse | $0.95 / sqft / month | 1,250 sqft | $1,188 | Bayview 23503 |
| 2010-08-26 | Buy | single-family home | $151.00 / sqft | 2,200 sqft | $332,200 | Larchmont 23508 |
| 2010-02-03 | Rent | apartment | $0.91 / sqft / month | 700 sqft | $637 | Park Place 23504 |
| 2009-09-18 | Buy | condo | $118.00 / sqft | 900 sqft | $106,200 | Ocean View 23503 |
| 2008-12-05 | Rent | single-family home | $0.79 / sqft / month | 1,300 sqft | $1,027 | Berkley 23523 |
| 2008-05-22 | Buy | single-family home | $96.00 / sqft | 1,250 sqft | $120,000 | Norview 23513 |
| 2007-07-13 | Rent | condo | $1.24 / sqft / month | 920 sqft | $1,141 | Ghent 23517 |
| 2006-11-28 | Buy | townhouse | $158.00 / sqft | 1,650 sqft | $260,700 | Ghent Square 23517 |
| 2006-03-11 | Rent | luxury apartment | $1.45 / sqft / month | 760 sqft | $1,102 | Downtown Norfolk 23510 |
| 2005-08-19 | Buy | single-family home | $185.00 / sqft | 2,100 sqft | $388,500 | East Beach 23518 |
| 2005-04-04 | Rent | single-family home | $0.88 / sqft / month | 1,350 sqft | $1,188 | Wards Corner 23505 |
| 2004-09-09 | Buy | condo | $142.00 / sqft | 980 sqft | $139,160 | Freemason 23510 |
| 2004-01-15 | Rent | duplex | $0.74 / sqft / month | 950 sqft | $703 | Lambert's Point 23508 |
| 2003-06-27 | Buy | single-family home | $103.00 / sqft | 1,550 sqft | $159,650 | Colonial Place 23508 |
| 2002-10-21 | Rent | apartment | $1.12 / sqft / month | 600 sqft | $672 | Downtown Norfolk 23510 |
| 2002-05-08 | Buy | townhouse | $105.00 / sqft | 1,300 sqft | $136,500 | Ghent 23517 |
| 2001-02-16 | Rent | townhouse | $0.83 / sqft / month | 1,100 sqft | $913 | Ocean View 23503 |
| 2000-06-12 | Buy | single-family home | $74.00 / sqft | 1,420 sqft | $105,080 | Bayview 23503 |
| 1999-12-03 | Rent | condo | $1.05 / sqft / month | 850 sqft | $893 | Freemason 23510 |
| 1999-07-30 | Buy | duplex | $55.00 / sqft | 1,600 sqft | $88,000 | Park Place 23504 |
| 1998-01-22 | Rent | single-family home | $0.72 / sqft / month | 1,200 sqft | $864 | Norview 23513 |
| 1997-04-07 | Buy | single-family home | $88.00 / sqft | 1,800 sqft | $158,400 | Larchmont 23508 |
| 1996-09-14 | Rent | apartment | $0.86 / sqft / month | 720 sqft | $619 | Colonial Place 23508 |
| 1995-05-19 | Buy | condo | $78.00 / sqft | 780 sqft | $60,840 | Downtown Norfolk 23510 |
| 1994-11-02 | Rent | duplex | $0.68 / sqft / month | 900 sqft | $612 | Park Place 23504 |
| 1994-08-24 | Buy | townhouse | $61.00 / sqft | 1,150 sqft | $70,150 | Wards Corner 23505 |
| 1993-03-10 | Rent | apartment | $0.82 / sqft / month | 650 sqft | $533 | Ghent 23517 |
| 1992-06-18 | Buy | single-family home | $67.00 / sqft | 1,250 sqft | $83,750 | Ocean View 23503 |
Housing market overview for Norfolk, VA
The real estate market in Norfolk, VA can be compared more clearly by looking at price per square foot. Current estimates show an average buy price of $219.00 / sqft and an average rent of $2.06 / sqft / month.
Buyers can use the purchase price per square foot to compare homes, condos and apartments of different sizes. Renters can use monthly rent per square foot to compare different rental listings more accurately.
The reported values on this page show how prices can vary by neighborhood, property type, size and condition. Historical values help explain whether the local market has been rising, stable or cooling.
Frequently asked questions
What is the average home price per square foot in Norfolk?
The average residential buy price in Norfolk, VA is $219.00 / sqft based on the current values available on this page.
How much is rent per square foot in Norfolk?
The average rental price in Norfolk, VA is $2.06 / sqft / month. Actual rents can vary by neighborhood, property type and building quality.
Are property prices in Norfolk increasing?
Buy prices have decreased by about 18.1% over the last 5 years. Rent prices have increased by about 18.0% over the last 5 years. These 5-year trends are based on the available individual historical comparable values.