Housing market · ZIP 23503

Norfolk, VA Home Prices & Forecast

Median value and 12-month outlook · as of April 2026

Median home value

$315,027

3-month0.0%

6-month+0.1%

12-month+1.4%

Touse 12-month forecast

+2.0%

Projected median near $321,404 over the next 12 months

As of April 2026, the median home value in Norfolk, VA (ZIP 23503) is $315,027. Prices are stable, up 1.4% over the past year. Touse's model projects a +2.0% change over the next 12 months, putting the median near $321,404.

See what you can afford here →

Nearby areas in Norfolk (city)

Norfolk 23501 Norfolk 23502 Norfolk 23504 Norfolk 23505 Norfolk 23506 Norfolk 23507 Norfolk 23508 Norfolk 23509

Estimates are derived from Zillow Research price history and Touse's forecasting model (LightGBM + Prophet). Forecasts are 12-month projections with inherent uncertainty, not guarantees, and are not financial advice. Confirm with a licensed professional before any decision.