Norfolk Housing Market Report October 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: October 2026·Last updated: ·8 complete months of VaHome.com-compiled REIN closings
In October 2026, 230 homes closed in Norfolk at a median price of $336,000, up $5,000 (+1.5%) from September 2026, at $217 per square foot and a median 22 days on market.
Closed sales
230
Median sold price
$336,000
Median $ / sq ft
$217
1 closing outside $25–$2,000/sq ft excluded.
Median days on market
22
New listings
460
For sale today
640
640 for sale today ÷ 230 closed in Oct 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
| Month | Closed sales | Median sold price | Median $/sq ft | Median days on market | New listings |
|---|---|---|---|---|---|
| Mar 2026 | 241 | $315,000 | $213 | 26 | — |
| Apr 2026 | 247 | $325,000 | $213 | 18 | — |
| May 2026 | 280 | $340,000 | $211 | 15 | — |
| Jun 2026 | 299 | $340,000 | $220† | 15 | — |
| Jul 2026 | 298 | $331,000 | $218 | 18 | 677 |
| Aug 2026 | 250 | $335,000 | $213 | 22 | 639 |
| Sep 2026 | 245 | $331,000 | $214 | 21 | 536 |
| Oct 2026 | 230 | $336,000 | $217† | 22 | 460 |
Complete calendar months only; the current month is never shown to date. Medians, never averages. † 2 closings across these months had a recorded price per square foot outside $25–$2,000 and were excluded from the $/sq ft figure only (Jun 2026: 1; Oct 2026: 1). New-listing counts begin with the first month of complete listing-date capture (Jul 2026).
Neighborhoods with the most closings in Oct 2026
REIN subdivision names matched to VaHome.com neighborhood pages; communities with fewer than three closings are not listed.
- Ghent homes for sale16 closed
- Colonial Place homes for sale8 closed
- Ocean View homes for sale7 closed
- Larchmont homes for sale5 closed
- Willoughby homes for sale5 closed
- Poplar Halls homes for sale4 closed
Closings by ZIP code in Oct 2026
ZIP codes with a VaHome.com listings page.
- Homes for sale in 2350336 closed
- Homes for sale in 2351334 closed
- Homes for sale in 2351828 closed
- Homes for sale in 2350227 closed
- Homes for sale in 2350525 closed
- Homes for sale in 2350417 closed
- Homes for sale in 2350817 closed
- Homes for sale in 2350914 closed
- Homes for sale in 2350713 closed
- Homes for sale in 235239 closed
- Homes for sale in 235106 closed
- Homes for sale in 235174 closed
Nearby cities, same month
| City | Month | Closed sales | Median sold price | Median $/sq ft | Median DOM | For sale today |
|---|---|---|---|---|---|---|
| Norfolk | Oct 2026 | 230 | $336,000 | $217 | 22 | 640 |
| Virginia Beach housing market report | Oct 2026 | 414 | $405,000 | $237 | 20 | 1,099 |
| Portsmouth housing market report | Oct 2026 | 124 | $285,750 | $178 | 24 | 296 |
| Chesapeake housing market report | Oct 2026 | 236 | $415,000 | $216 | 22 | 794 |
| Hampton housing market report | Oct 2026 | 139 | $300,000 | $189 | 29 | 404 |
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.