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Norfolk Real Estate For Sale In VA
The principal city in Virginia’s “757” region, Norfolk sits near the mouth of Chesapeake Bay and is intimately connected with the sea. If you’re looking for Virginia real estate that will keep you close to the water, Norfolk is the city for you. Check out our listings below and see for yourself if Norfolk real estate is the right market for you.
More About Norfolk VA Real Estate
Norfolk is a dense, urban and suburban city of around 240,000 people clustered around over a hundred miles of intricate waterfront. You can always smell the sea in the air and the ocean is no more than a 25-minute drive to the east. As the main base for the Atlantic Fleet, you’ll find a lot of sailors in Norfolk, giving the city a unique blend of military and beach culture.
Norfolk residents always have the water on their minds. Crossing bridges and taking underwater tunnels are an everyday affair for many residents. One good rule of thumb that will save you a lot of time in traffic is to make sure to buy Norfolk real estate on the same side of the James River that you work on. It’s all good to be wary of floodwaters. Check flooding maps and be sure, when purchasing real estate in Norfolk, VA, to get flood protection with your homeowner’s insurance.
Downtown Norfolk real estate is close to lots of good restaurants (amazing seafood) as well as entertainment venues like the NorVa, and art gallery galore. Outside of downtown, just about every Norfolk neighborhood has its own feel and community to it. Think of Norfolk not so much as one big city but a quilted collection of communities never more than a mile from the water.
Norfolk VA Real Estate Market
Overall, Norfolk real estate is a very accessible market with a median home price of $285K, about $100K lower than the national average and $60K lower than the state average. Real estate in Norfolk, VA has been appreciating steadily over the last five years. Over the last 20 years, the value of real estate for sale in Norfolk has appreciated at an impressive average of 4% per year.
Single-family homes for sale in Norfolk make up about half of the real estate in the city. Most of these properties were built between 1940 and 1970 and feature 3-4 bedrooms. These homes sit in dense, well-shaded neighborhoods. If you’re looking for condos for sale in Norfolk real estate, you’ll find most of them clustered in the city’s south side, with several more for sale near the naval base and along the Chesapeake shore in the north of the city. Besides condos, Norfolk real estate has lots of new construction listings to check out if you’re looking for big, brand-new homes.
Distances to other Cities From Norfolk
- 18 miles to Virginia Beach, VA
- 99 miles to Richmond, VA
- 201 miles to Washington, D.C.
- 150 miles to Fredericksburg, VA
- 169 miles to Charlottesville, VA
Neighborhoods In Norfolk VA
Every Norfolk neighborhood is unique in its character. What most of them all have in common is they are dense, well shaded, and never very far from water.
East Beach
If you want to be right on the water with quick access to the ocean, East Beach is the neighborhood for you. Way up in the northeast corner of Norfolk, life here is quiet and most residents spend their free time fishing, sailing, and watching the ships roll in. Condos dominate the real estate in East Beach and sell for between $300K and $400K. Nearby schools include Little Creek Elementary School and Tarrallton Elementary School.
Ghent
Bursting with character and culture in the form of restaurants, art galleries, and niche stores, Ghent is a big favorite in central Norfolk real estate. Ghent has a mix of condos and townhouses for sale, listing between $200K and $500K. Neighborhood schools include James Blair Middle School, Park Place School, and Walter Herron Taylor Elementary School.
Larchmont
Very family-friendly with high-value homes, Larchmont is known for its greenness, extensive waterfront, and quiet atmosphere. Close to the naval base, here you’ll find mainly single-family homes listing for between $400K and $1M. Local schools include Larchmont Elementary School, the Governor’s School for the Arts, and St. Patrick Catholic School.
Cities Around Norfolk Real Estate
Schools In Norfolk VA
Real estate in Norfolk is served by the Norfolk City Public Schools, which include five high schools, eight middle schools, thirty-four elementary schools, and other specialty schools. The top schools in Norfolk include:
- Maury High School
- Granby High School
- Norview High School
It is also common for residents of Norfolk to send their children to private schools, which include:
- Norfolk Academy (established in 1728)
- St. Pius Z Catholic School
- Alliance Christian School
- Christ the King School
- Norfolk Christian School
- Trinity Lutheran School
FAQ About Norfolk VA Real Estate
What’s the zip code for Norfolk, Virginia?
The zip codes for Norfolk include:
What county is Norfolk, Virginia in?
Norfolk is not in a county; it is an independent city in the state of Virginia.
Where is the nearest airport to Norfolk, Virginia?
Norfolk International Airport is about nine miles or 18 minutes from Norfolk, VA.
How far is Fairfax from Norfolk, Virginia?
Fairfax is about 187 miles or around a 4-hour drive from Norfolk, VA.
How far is Woodbridge from Norfolk, Virginia?
Woodbridge is about 173 miles or just over three and a half hours away from Norfolk, VA.
How far is Chesapeake from Norfolk, Virginia?
Chesapeake is about six miles or 12 minutes away from Norfolk, VA.
What is Norfolk, Virginia famous for?
The culture of Norfolk, VA is centered around water, with the city being home to one of the first colonies and shipyards in the New World, as well as being the location of the being one of the battle grounds in the War of 1812, and Battle of the Ironclads in the Civil War. Today, Norfolk, VA houses the largest naval base in the world with holding over a hundred warships.
Norfolk VA Shopping and Dining
One of the fun places for shopping and dining in Norfolk will be the Downtown area and Selden Market. Here you’ll find a unique mixture of small businesses, boutiques, and one-of-a-kind restaurants. Palace Shops & Station is another popular place to shop locally-owned businesses, but for the big box stores, you’ll want to check out Center Shops.
Norfolk VA Parks and Recreation
With so much of real estate in Norfolk being directly along the waterfront, the outdoor water amenities are everywhere! Community Beach, Sarah Constant Beach, and Ocean View Beach all offer waterfront experiences, while places like Southside Aquatics Center Pool, Huntsville Pool, and Northside pool offer more controlled water experiences. There are even a couple of splash pads located at Norview Community Center and Shoop Park! There are also plenty of open spaces and playgrounds at places like Lafayette Park, Northside Park, and Town Point Park ( a popular place for seasonal festivals and performances).
Living In Norfolk VA
Cost of Living in Norfolk
The overall cost of living in Norfolk is 11.9% less than the state average and 8.2% less than the national average. You’ll likely pay more for healthcare, while groceries and utilities will be about the same, and Norfolk real estate and transportation are significantly lower compared to the rest of the state. The median household income in Norfolk, VA, is $53,026.
Medical Access in Norfolk
For those living in Norfolk real estate, residents have convenient access to medical care. There are several hospitals in and around Norfolk which provide quality options. Hospitals in the Norfolk area include Bon Secours DePaul Medical Center, Sentara Leigh Hospital, Sentara Norfolk General Hospital, Children’s Hospital of The King’s Daughters, and Lake Taylor Transitional Care Hospital. The Hampton VA Medical Center (in Hampton) also plays a prominent role in providing medical care here since there’s a strong military presence.
Weather in Norfolk
Norfolk, VA, is located in a humid subtropical climate. Summers are expected to be warm and humid with average temperatures climbing to around 81°F in July. Winters are somewhat mild, with the average low-temperature dipping to about 42°F in January. It occasionally snows, with Norfolk receiving about 6 inches of snow per year. The wettest time of year is from July to August, with Norfolk receiving about 49 inches of rain per year.
Jobs In Norfolk VA
Norfolk is a major military hub for the United States Navy, home to the world’s largest naval installation, Naval Station Norfolk. The United States Fleet Forces Command is headquartered here and employs over 62,000 active duty personnel, with 75 ships and 132 aircraft; and is also the headquarters of NATO’s Allied Command Transformation. Because of the strong naval presence here, Norfolk real estate is also surrounded by several contract businesses that aid the military. Business include:
- Huntington Ingalls Industries
- BAE Systems Norfolk Ship Repair
- General Dynamics NASSCO Norfolk
- Colonna’s Shipyard Inc.
Waterways nearly surround all of the Hampton Roads region, where Norfolk is located. With its location near the mouth of the Chesapeake Bay, its deep-water channels are perfect as a major trade artery of goods to and from the Mid-Atlantic, Mid-West, and internationally. The Virginia Port Authority (VPA) operates three major break-bulk and container cargo ports. One of the three ports, Norfolk International Terminals (NIT), is known for having the world’s largest and fastest container cranes. Lambert’s Point Docks is also located in Norfolk, the largest coal trans-shipment in the Northern Hemisphere with aids in transporting coal from the Appalachian Mountains.
Several shipping lines have operations established near Norfolk real estate, and there are several companies headquartered here. These companies include:
- CMA CGM
- Integrated Shipping Services
- Maersk Line Limited
- Norfolk Southern
- Landmark Communications
- Dominion Enterprises
- FHC Health Systems
- Portfolio Recovery Associates
- BlackHawk Products Group
The Hampton Roads region, which includes Norfolk, is also home to four Fortune 500 companies in the food, retail, shipbuilding, and transportation industries. These companies are:
- Dollar Tree
- Huntington Ingalls Industries
- Norfolk Southern
- Smithfield Foo
Transportation In Norfolk VA
There are many options when it comes to traveling through and around real estate in Norfolk. Several major roadways wind through the city including I-64 traveling north and southeast, I-564 splitting from I-64 on the northside, I-264 running east and west on the south end of the city, Route 460 and Hwy 168 running up the middle, and Route 60 runs parallel to the water’s edge on the north side.
Several bus, light rail, ferries, and paratransit services are offered through the Hampton Roads Transit (HRT) that serve the residents of Norfolk. HRT buses primarily route through Norfolk, South Hampton Roads, and the Peninsula to Williamsburg, while others are routed to Smithfield. The ferry connects to downtown Norfolk and Old Town Portsmouth. Norfolk Electric Trolley services around downtown Norfolk. The Tide primarily focuses around the southern half of Norfolk. There are also several cabs offered through Hampton Roads Transportation, Inc.