23509 Home Values & Market Trends
There are 44 homes currently listed for 23509. 23509 real estate market trends show that home prices range from $60,000 to $969,000, and the median sales price in the 23509 zip code is $256,875.92. The total number of properties sold within the past twelve months is 331. In 23509, 16 properties are in foreclosure, 3 are bank owned properties,and 13 are headed for auction.
23509 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Norfolk | $ 295,793 $ 186/sqft |
Housing Market Summary for 23509
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $280K | $284.6K | 1.63% |
| Median Sold Price | $243.2K | $284.6K | 17.01% |
| Homes For Sale | 22 | 41 | 86.36% |
| Homes Sold | 156 | 122 | -21.79% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 23509
Browse Homes in 23509
The median list price of a home in Norfolk, is $256,875.92. A total of 44 properties are for sale, and the percentage of properties for sale in the zip code is 44.00%. The total count of 23509 properties is 4,496.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 23509 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 23509; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 23509 ranges from the highest value of $518,645 in norfolk to the lowest value of $85,810 in norfolk. Bank owned homes and properties account for 0.07% of properties in 23509. There is 1 cities within 23509; norfolk containing 19 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsnorfolk has 60 auction properties, the highest number of properties going to auction in a single city in the state of 23509. Auction homes and other auction properties account for 0.29% of all properties in 23509. There is 1 cities within 23509; of that cities, the median estimated home value for homes going to auction ranges from $771,997 in norfolk to the lowest value of $108,734 in norfolk.
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More Real Estate Resources for 23509
Guide for 23509
Richmond’s real estate market shows consistent growth, with trends indicating increasing property values and demand.
A glance at the real estate market in Norfolk, Virginia, highlighting rising property values, increasing desirability, and trends in nearby cities.
The Chesapeake real estate market has seen steady growth in property values, increasing by 7% over 11 months.
The property market in Virginia Beach, VA, has generally seen an increase in property values, per square foot values, and sold prices from 2022 to 2023. Factors such as economic growth and societal changes may contribute to this upward trend.
