23505 Home Values & Market Trends
There are 38 homes currently listed for 23505. 23505 real estate market trends show that home prices range from $165,000 to $974,900, and the median sales price in the 23505 zip code is $296,448.69. The total number of properties sold within the past twelve months is 390. In 23505, 5 properties are in foreclosure, 0 are bank owned properties,and 5 are headed for auction.
23505 Real Estate Market Overview
City | Median Est. Value |
---|---|
Norfolk | $ 299,900 $ 191/sqft |
Housing Market Summary for 23505
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $299K | $284.1K | -4.98% |
Median Sold Price | $270K | $284.1K | 5.22% |
Homes For Sale | 39 | 33 | -15.38% |
Homes Sold | 158 | 187 | 18.35% |
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 23505
Browse Homes in 23505
The median list price of a home in Norfolk, is $296,448.69. A total of 38 properties are for sale, and the percentage of properties for sale in the zip code is 38.00%. The total count of 23505 properties is 5,863.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 23505 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 23505; 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 23505 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 23505. There is 1 cities within 23505; N/A containing 0 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 23505. Auction homes and other auction properties account for 0.09% of all properties in 23505. There is 1 cities within 23505; 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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Guide for 23505
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A glance at the real estate market in Norfolk, Virginia, highlighting rising property values, increasing desirability, and trends in nearby cities.
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