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Homes for Sale in Norfolk, VA: $200,000 to $300,000

171 homes for sale in Norfolk, VA from $200,000 to $300,000, plus 4 lots, from REIN MLS · Listing data as of Oct 10, 4:10 PM ET (syncs every 2 minutes)

171 homes and 4 lots are for sale in Norfolk from $200,000 to $300,000 today, at a median list price of $260,000. The typical home has 3 bedrooms and about 1,229 sq ft, and was built in 1953. Counting the 45 homes listed under $200,000, 216 Norfolk homes are on the market under $300,000. Norfolk homes for sale under $200,000 →

Tom & Dariya Milan, RealtorsBrokered by LPT Realty · Call or text (757) 777-7577

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Source: REIN MLS. These figures include lots and exclude homes under contract.

Shop byShop Norfolk homes byUnder $200K 59$300K–$400K 217$400K–$500K 93$500K–$750K 85Over $750K 50Condos & townhomes 147New construction 54Waterfront 96Land & lots 25On this pageMarketContactFAQ

171 Norfolk homes and 4 lots for sale in this price range right now

(+95 under contract)
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Showing 1–60 of 270

Homes for sale are listed first, newest listings first; homes under contract follow.

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Changes daily

Price cuts this week: Norfolk homes from $200,000 to $300,000

Price reduced (66)

66 of 175 listings for sale have had a price cut.

Price ranges

Norfolk, VA homes for sale by price range

Medians of active REIN MLS listings, October 10, 2026. Lots and land are counted separately and left out of the typical beds, size and year built. Est. payment is principal and interest only, 30-year fixed at 6.65% (an assumption, not a quote) with 20% down; taxes, insurance and HOA fees are extra. Estimates are for informational purposes only and do not constitute a loan offer or pre-approval. Compare local lenders: Hampton Roads lenders.
Price rangeHomes for saleTypical bedsTypical sizeTypical year builtEst. P&I / moListings
Under $200K45+14 lots21,012 sqft1945Est. payment up to $1,027/moSee all 59 listings →
$200K–$300K171+4 lots31,229 sqft1953Est. payment $1,284/moShown on this page
$300K–$400K21731,600 sqft1954Est. payment $1,798/moSee 217 homes →
$400K–$500K88+5 lots42,152 sqft2004Est. payment $2,311/moSee all 93 listings →
$500K–$750K8542,583 sqft1979Est. payment $3,210/moSee 85 homes →
Over $750K48+2 lots43,233 sqft2000Est. payment from $3,852/moSee all 50 listings →

Market snapshot

Norfolk homes from $200,000 to $300,000: market snapshot, October 2026

Of the 175 listings for sale in Norfolk from $200,000 to $300,000, 66 (38%) have had a price cut, and another 95 are under contract. The median active listing has been on the market 18 days (REIN).

For sale now

Median price per sq ft
$217
Under contract
95
With a price cut
6638% of homes for sale

Recently sold

Homes sold
533
Median sold price
$260,000
Median days on market (REIN)
24 days
Median sold price per sq ft
$219

Closed sales from REIN MLS, March 2026 – September 2026.

Norfolk housing market trends →Norfolk market report PDF →

Data: REIN MLS, October 10, 2026.

Tom and Dariya Milan

Your agents

Your Norfolk real estate agents: Tom & Dariya Milan

Tom & Dariya Milan, Realtors

Brokered by LPT Realty

We are Tom and Dariya Milan, a husband-and-wife team of licensed real estate agents in Virginia, serving Hampton Roads since 2005. Our office is at Town Center in Virginia Beach, and we are members of REIN MLS, the listing service behind every home on this page. In Norfolk our work takes us across Ghent, Ocean View, Larchmont, Wards Corner, Downtown and Colonial Place. Call or text us about any Norfolk home on REIN MLS, or ask for a private showing.

Office: 249 Central Park Ave Ste 300-220, Virginia Beach, VA 23462

Call or text (757) 777-7577

What's my Norfolk home worth? →About Tom & Dariya →

FAQ

Homes for sale in Norfolk, VA from $200,000 to $300,000: FAQ

How many homes are for sale in Norfolk, VA from $200,000 to $300,000?

As of October 10, 2026, REIN MLS shows 171 homes for sale in Norfolk from $200,000 to $300,000, plus 4 lots. Another 95 listings are under contract. Of the 175 listings for sale, 22 have been listed since October 4 and 66 have had a price cut.

All Norfolk homes for sale →

What do homes from $200,000 to $300,000 in Norfolk look like?

The median list price of the 175 listings for sale in Norfolk from $200,000 to $300,000, 4 lots included, is $260,000 as of October 10, 2026. The typical home has 3 bedrooms and about 1,229 sq ft, and was built in 1953. The median list price per square foot is $217.

Norfolk housing market trends →

How fast do homes from $200,000 to $300,000 sell in Norfolk?

From March 2026 through September 2026, 533 homes in Norfolk sold from $200,000 to $300,000 on REIN MLS, at a median sold price of $260,000. The median closed sale was on the market 24 days (REIN).

Market snapshot and recent sales →

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