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Norfolk Housing Market ReportSeptember 2026

Monthly closed-sale statistics for Norfolk, Virginia — closed sales, median sold price, price per square foot, days on market, new listings and today's inventory — compiled by VaHome.com from REIN MLS listings information. Updated in place; cite this URL.

Report month: September 2026·Last updated: ·7 complete months of VaHome.com-compiled REIN closings

In September 2026, 245 homes closed in Norfolk at a median price of $331,000, down $4,000 (−1.2%) from August 2026, at $214 per square foot and a median 21 days on market.
— VaHome.com analysis of REIN MLS closings, Norfolk

Closed sales

245

vs Aug 2026: −2.0% (−5)vs same month last year: from Feb 2027

Median sold price

$331,000

vs Aug 2026: −1.2% (−$4,000)vs same month last year: from Feb 2027

Median $ / sq ft

$214

vs Aug 2026: +0.5% (+$1)vs same month last year: from Feb 2027

Median days on market

21

vs Aug 2026: −4.5% (−1 day)vs same month last year: from Feb 2027

New listings

557

vs Aug 2026: −16.5% (−110)vs same month last year: from Feb 2027

For sale today

625

Months of supply: 2.6Under contract: 298

625 for sale today ÷ 245 closed in Sep 2026.

Year-over-year columns read “from Feb 2027” because VaHome.com's own capture of closings began in early 2026; a same-month-last-year figure is published only once it can be computed from these rows.

Median sold price and closings by month

$315KMar241$325KApr247$340KMay280$340KJun299$331KJul298$335KAug250$331KSep245Median sold pricebars = homes sold / month
Norfolk, VA — VaHome.com compilation of REIN closings. Source: REIN MLS sold records via VaHome’s 2-minute sync.
Norfolk monthly market statistics — last 7 complete months
MonthClosed salesMedian sold priceMedian $/sq ftMedian days on marketNew listings
Mar 2026241$315,000$21326—
Apr 2026247$325,000$21318—
May 2026280$340,000$21115—
Jun 2026299$340,000$220†15—
Jul 2026298$331,000$21818681
Aug 2026250$335,000$21322667
Sep 2026245$331,000$21421557

Complete calendar months only; the current month is never shown to date. Medians, never averages. † 1 closing across these months had a recorded price per square foot outside $25–$2,000 and was excluded from the $/sq ft figure only (Jun 2026: 1). New-listing counts begin with the first month of complete listing-date capture (Jul 2026).

Neighborhoods with the most closings in Sep 2026

REIN subdivision names matched to VaHome.com neighborhood pages; communities with fewer than three closings are not listed.

Closings by ZIP code in Sep 2026

ZIP codes with a VaHome.com listings page.

Nearby cities, same month

CityMonthClosed salesMedian sold priceMedian $/sq ftMedian DOMFor sale today
NorfolkSep 2026245$331,000$21421625
Virginia Beach housing market reportSep 2026501$442,000$250171,093
Portsmouth housing market reportSep 2026130$289,500$18721278
Chesapeake housing market reportSep 2026285$410,000$22121761
Hampton housing market reportSep 2026157$304,900$19624388

Methodology and sources

  • Rows counted. Residential closed sales reported to REIN MLS in Norfolk, Virginia (REIN city “Norfolk”): status Sold, property type Residential, close price above $0, rentals, land, multi-family and commercial excluded. Each sale is placed in the calendar month of its close date.
  • Closed sales is a count. Median sold price, median $/sq ft and median days on market are true medians of the month's closings; days on market is REIN's own days-on-market field for the listing. Averages are not used anywhere on this page because single sales move them.
  • $/sq ft guard. Price per square foot is close price ÷ REIN living area. A closing enters the median only when it has a living area above zero and its $/sq ft falls between $25 and $2,000; closings outside that range are almost always a data-entry error in the price or area field, and the count removed is printed with every figure.
  • New listings counts residential listings whose REIN list date falls in the month. For sale today counts residential listings in Active, New Listing or Coming Soon status without a contingency at the time this page was compiled; under contract counts listings in Under Contract status. Months of supply = for-sale-today ÷ the latest complete month's closed sales.
  • Coverage. VaHome.com's own capture of REIN closings began in early 2026, so the series starts at Mar 2026 — the first month that followed a full month of capture. Nothing before that is shown, modeled or back-filled from third-party figures.
  • Year-over-year. A same-month-last-year comparison appears only when it can be computed from these same rows, which means from February 2027 onward. VaHome.com does not republish REIN's published market reports, charts or year-over-year figures.
  • Update cadence. Updated in place; a month's figures can shift for a few weeks after it closes as late-reported closings arrive, and the Last updated date above records the compile. This URL is permanent — there are no per-month pages.
  • Sources, sync cadence and every other data set on this site: Data sources & methodology.

About the authors

Compiled by Tom & Dariya Milan, Realtors — licensed Virginia real estate agents and the team behind VaHome.com. Both hold the National Association of Realtors' Military Relocation Professional (MRP) certification. Brokered by LPT Realty. Questions about a figure, or a quote for a story: (757) 777-7577 · tom@vahome.com.

Source of listings information: REIN (Real Estate Information Network, Inc.) MLS. All statistics on this page were compiled by VaHome.com from REIN listings information. Interpretations, analytics and derivations are the sole responsibility of Tom & Dariya Milan, Realtors and are not attributable to REIN. Free to cite with attribution to VaHome.com. Equal Housing Opportunity.