23523 Home Values & Market Trends
There are 105 homes currently listed for 23523. 23523 real estate market trends show that home prices range from $84,000 to $455,000, and the median sales price in the 23523 zip code is $276,518. The total number of properties sold within the past twelve months is 99. In 23523, 5 properties are in foreclosure, 3 are bank owned properties,and 2 are headed for auction.
23523 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Norfolk | $ 333,050 $ 220/sqft |
Housing Market Summary for 23523
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $205K | $270K | 31.71% |
| Median Sold Price | $252.4K | $210.5K | -16.61% |
| Homes For Sale | 79 | 101 | 27.85% |
| Homes Sold | 31 | 28 | -9.68% |
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 23523
Browse Homes in 23523
The median list price of a home in Norfolk, is $276,518. A total of 105 properties are for sale, and the percentage of properties for sale in the zip code is 105.00%. The total count of 23523 properties is 142.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 23523 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 23523; 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 23523 ranges from the highest value of $670,972 in norfolk to the lowest value of $65,000 in norfolk. Bank owned homes and properties account for 2.11% of properties in 23523. There is 1 cities within 23523; norfolk containing 83 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsnorfolk has 76 auction properties, the highest number of properties going to auction in a single city in the state of 23523. Auction homes and other auction properties account for 1.41% of all properties in 23523. There is 1 cities within 23523; of that cities, the median estimated home value for homes going to auction ranges from $713,933 in norfolk to the lowest value of $156,358 in norfolk.
Compare Nearby Zip Codes
More Real Estate Resources for 23523
Guide for 23523
Virginia Foreclosure Laws
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
