Colonial Place Homes for Sale in Norfolk, VA
Homes for sale in Norfolk, VA · Colonial Place is one of its neighborhoods.
Homes for sale in 23508 · Colonial Place is in this ZIP code.
Colonial Place is a historic neighborhood in Norfolk, Virginia. It is known for streets lined with trees and homes from the early 20th century. The well-kept homes reflect Colonial Revival and early American styles. Downtown Norfolk is close by. So the city's arts scene and job hubs are an easy trip.
15 homes for sale in Colonial Place right now.
15
Active Listings
$362,800
Median List Price
$209
Avg. $ / Sq. Ft.
17
Avg. Days on Market
Today
Newest Listing
Live from the REIN MLS, refreshed continuously. Stats reflect active for-sale inventory in Colonial Place.
Neighborhood33
Sold · last 12 mo
$420,000
Median sale price
$222
Median sold $/sq ft
16
Median days on market
Get new Colonial Place-area listings by email
Be first to know when homes hit the market in Norfolk. Free alerts from Tom & Dariya Milan.
Free new-listing alerts from Tom & Dariya Milan. No spam — unsubscribe anytime.
Living in Colonial Place
The streets are easy to walk, and local parks sit right in the area. The feel is quiet and low-key. Still, downtown Norfolk's perks, shops, and dining are easy to reach. Many homes have mature landscaping. There's a strong sense of community here.
Colonial Place suits buyers who want historic charm in a settled Norfolk neighborhood. City perks are a short trip away. Its old-style homes and tree-canopied streets draw people who want to keep that history alive. It's a happy middle ground. You get a stable area that's not far from downtown Norfolk.
What Colonial Place homes actually sell for
Computed from REIN MLS closed sales over the trailing 12 months — updates with every MLS sync, not a third-party monthly aggregate.
$420,000
Median sale price · 12 mo
33 closed sales
$222
Median sold $ / sq ft
closed sales with recorded sq ft
16 days
Median days on market
for homes that closed
$180K–$749K
Active listing range
15 on the market today
| Property type | Sold · 12 mo | Median sale price |
|---|---|---|
| Detached homes | 30 | $425,750 |
| Townhomes & condos | 3 | $197,500 |
Source: REIN MLS closed sales, trailing 12 months, computed by VaHome.
How Colonial Place compares
The 3 closest Norfolk neighborhoods VaHome profiles, measured from map center to map center. Same 12-month REIN closed-sales math for every row.
| Neighborhood | Median sale | $ / sq ft | Days on mkt | Sold · 12 mo | For sale |
|---|---|---|---|---|---|
| Colonial Place | $420,000 | $222 | 16 | 33 | 15 |
| Lamberts Point · 1 mi | $300,000 | $199 | 38 | 18 | 6 |
| Larchmont · 1.2 mi | $497,550 | $247 | 14 | 84 | 13 |
| Ghent · 1.4 mi | $280,000 | $228 | 28 | 143 | 39 |
Source: REIN MLS closed sales, trailing 12 months, refreshed every 10 minutes. Neighborhoods with fewer than 5 closed sales are left out so no row rests on one or two homes.
What the homes in Colonial Place are like
Age, size, lot and price band of the 33 Colonial Place homes that closed since Nov 5, 2025, as recorded in the REIN MLS.
1924
Median year built
most homes sold were built 1917–1988
1,850 sq ft
Median living area
3-bedroom is the most common layout
5,663 sq ft (0.13 ac)
Median lot · detached
22 detached sales with a recorded lot
| Price range by type | Sold · 12 mo | Lower quarter | Median | Upper quarter |
|---|---|---|---|---|
| Detached homes | 30 | $354,000 | $425,750 | $482,000 |
Lower and upper quarter are the 25th and 75th percentile sale prices. Half of all sales fell between them.
HOA reality
6%
Sales with an HOA
2 of 33 closed sales where REIN recorded an association
Fees are what the listing agent entered at the time of sale. Confirm the current amount and what it covers with the association before you write an offer.
Source: REIN MLS closed sales since Nov 5, 2025, computed by VaHome. Any figure with fewer than 5 recorded homes is left out.
Recently sold in Colonial Place
The latest 10 closings from the REIN MLS. Each opens the home's full sold record.
533 New Hampshire AVE, NORFOLK VA 23508
4 bd · 3 ba · 2,508 sqft
$550,000
Sold Oct 2026
4306 Newport AVE, NORFOLK VA 23508
3 bd · 1.1 ba · 1,476 sqft
$359,000
Sold Oct 2026
4610 Colonial AVE, NORFOLK VA 23508
4 bd · 2.1 ba · 3,100 sqft
$500,000
Sold Oct 2026
537 New Hampshire Ave NONE, NORFOLK VA 23508
4 bd · 2.1 ba · 2,239 sqft
$425,000
Sold Oct 2026
534 Virginia AVE, NORFOLK VA 23508
4 bd · 2.1 ba · 2,105 sqft
$210,000
Sold Oct 2026
729 Maryland AVE, NORFOLK VA 23508
4 bd · 1.1 ba · 2,014 sqft
$459,900
Sold Oct 2026
543 Virginia AVE, NORFOLK VA 23508
4 bd · 2 ba · 2,143 sqft
$485,000
Sold Oct 2026
414 Delaware AVE #220, NORFOLK VA 23508
2 bd · 2 ba · 1,122 sqft
$197,500
Sold Sep 2026
623 New York AVE, NORFOLK VA 23508
3 bd · 2 ba · 1,850 sqft
$455,000
Sold Sep 2026
422 New York AVE, NORFOLK VA 23508
4 bd · 3.1 ba · 3,468 sqft
$575,000
Sold Aug 2026
What buyers should know
Neutral counts from the 104 Colonial Place homes VaHome has mapped against federal and state hazard layers — shown the same way for every neighborhood.
28%
of mapped homes sit in FEMA high-risk flood zones
X · 75 · AE · 29 — lenders require flood insurance in AE/VE
0 of 113
mapped homes inside a Navy jet-noise (AICUZ) contour
Every VaHome listing shows its exact noise zone and Accident Potential Zone.
Varies
hurricane evacuation zone (differs across the neighborhood)
Va. Dept. of Emergency Management — Know Your Zone.
Sources: FEMA National Flood Hazard Layer · U.S. Navy AICUZ via city GIS · Virginia Dept. of Emergency Management.
Census profile of the Colonial Place area
$85,073
Median household income
37.8
Median age
56.4%
Owner-occupied households
66.5%
Bachelor's degree or higher
Source: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates (2020–2024), census-tract level for the Colonial Place area. Shown identically for every neighborhood.
Bases & commutes
Straight-line distances from the center of Colonial Place. Every listing page shows live drive times with traffic.
Listings & market data updated November 2026 · Live REIN MLS data
About Norfolk
Homes for sale in Norfolk, VA come in many forms. Ghent, ZIP 23507, has historic district townhouses. Waterfront condos line the Elizabeth River. Larchmont, Lochaven, and Lafayette-Winona have ranch-style homes. Norfolk is the arts and business heart of Hampton Roads. It has a home for just about any buyer.
There are $200K starter homes in Ocean View, ZIPs 23503 and 23518. There are $400K-$600K Craftsman bungalows in Ghent and West Ghent, ZIP 23517. There are executive homes near Old Dominion University in 23508. And there are luxury riverfront homes in Larchmont and Algonquin Park. Norfolk's biggest employer is Naval Station Norfolk.
It is the largest naval base in the world. The city also holds Norfolk Naval Shipyard and Eastern Virginia Medical School. Old Dominion University and Norfolk State University are here too. Together they keep demand steady all year. Public schools include Maury High School in Ghent and Granby High School in Ocean View.
The Governor's School for the Arts has long had strong specialty programs. ZIP 23510 is downtown. ZIP 23508 is West Ghent and the ODU corridor. Those two have the best mix of walkable streets and historic buildings. ZIPs 23503 and 23518 in Ocean View offer the lowest-priced waterfront entry points in Hampton Roads.
The Norfolk MLS listings below update every 2 minutes from the REIN feed.
Schools serving Norfolk
Browse Norfolk homes by NPS attendance zone. Zoning is assigned by address and can change — always confirm a specific home’s zoned schools with the school division.
Looking for a realtor for Colonial Place?
Looking for a realtor for Colonial Place? Tom & Dariya Milan, Realtors know Colonial Place street by street. Brokered by LPT Realty. As Norfolk real estate agents, they track every Colonial Place sale.
33 homes have sold here in the last 12 months, at a median of $420,000. Right now 15 homes are on the market. They also know what Colonial Place buyers and sellers should expect next.
Need a Colonial Place buyer’s agent to find the right home? Or a listing agent to sell your Colonial Place house? The first conversation is free. There is never any pressure, just straight local answers. Thinking of selling? Start with a free home value estimate for Colonial Place. It is instant, built from REIN closed sales. A hand-built report follows within 24 hours.
Explore more Norfolk real estate
What residents say about Colonial Place
Honest, moderated reviews from people who’ve lived in Colonial Place. Share your own experience to help future neighbors decide.
No published reviews of Colonial Place yet. Be the first to share your experience.