Find, analyze, and compare Norfolk, VA investment properties, including off-market opportunities and residential homes with value-add potential. Norfolk offers a diverse housing market with single-family homes, and vacant properties. Investors can explore potential investment opportunities for long-term rentals (LTRs) throughout Virginia. Explore housing market trends in Norfolk, where up-and-coming neighborhoods may offer potential for passive rental income and other investment strategies. Property Intel by Whitepages makes it easy to analyze market trends, uncover off-market properties, compare neighborhood benchmarks, and access owner contact information to help you find the best investment properties in Norfolk, VA for your real estate goals.
In Norfolk, the median property value currently stands at $267,929, reflecting a 2.38% year-over-year increase based on recent sales. The 5-year appreciation forecast estimates values reaching $394,845 (a 41.95% gain). The housing market includes a total of 69,635 houses.The median home in Norfolk has 1,595 square feet of living space, priced at a median of $180 per square foot with a median year built of 1955. For long-term rental properties in Norfolk, the median annual gross rental income is $27,600 (or
$2,300/month) with estimated operating expenses of
$8,643, resulting in an approximate gross cap rate of 7.03%.
Property Intel by Whitepages helps investors and homeowners explore the Norfolk area
by offering market analysis tools, neighborhood benchmarks, owner contact information, and interactive maps.
These tools support research into investment properties, including foreclosure data
and off-market listings in Norfolk, VA.
$209K - $218K
Est. Value
3 beds • 2.5 baths • 1,530 sq ft
Last Sold: $56K in 1993 • Built: 1970
$203K - $211K
Est. Value
3 beds • 2.5 baths • 1,436 sq ft
Last Sold: $126K in 2005 • Built: 1983
$248K - $260K
Est. Value
3 beds • 1 bath • 1,118 sq ft
Last Sold: $260K in 2006 • Built: 1955
$348K - $364K
Est. Value
4 beds • 2 baths • 1,547 sq ft
Built: 1976
$204K - $211K
Est. Value
Coleman Place
3 beds • 1.5 baths • 1,131 sq ft
Last Sold: $155K in 2018 • Built: 1971
$479K - $497K
Est. Value
Buckner Farm
4 beds • 2.5 baths • 2,542 sq ft
Last Sold: $377K in 2020 • Built: 1998
$322K - $336K
Est. Value
3 beds • 2.5 baths • 2,254 sq ft
Last Sold: $190K in 2005 • Built: 2004
$355K - $373K
Est. Value
Rivercrest
4 beds • 2.5 baths • 1,675 sq ft
Last Sold: $92K in 1993 • Built: 1988
$347K - $365K
Est. Value
4 beds • 2 baths • 1,908 sq ft
Last Sold: $231K in 2010 • Built: 1959
$226K - $240K
Est. Value
Layfayette
2 beds • 1 bath • 1,064 sq ft
Last Sold: $167K in 2006 • Built: 1928
$665K - $693K
Est. Value
4 beds • 3 baths • 2,064 sq ft
Last Sold: $160K in 1995 • Built: 1995
$530K - $549K
Est. Value
Talbot Park
4 beds • 3.5 baths • 3,367 sq ft
Last Sold: $179K in 1999 • Built: 1941
$513K - $529K
Est. Value
4 beds • 2 baths • 2,333 sq ft
Last Sold: $311K in 2013 • Built: 2013
$318K - $328K
Est. Value
3 beds • 2 baths • 1,475 sq ft
Last Sold: $294K in 2021 • Built: 1962
$469K - $492K
Est. Value
Highland Park
8 beds • 2 baths • 2,316 sq ft
Last Sold: $36K in 1998 • Built: 1916
$341K - $355K
Est. Value
3 beds • 2 baths • 1,798 sq ft
Last Sold: $216K in 2019 • Built: 1971
$292K - $301K
Est. Value
3 beds • 2 baths • 1,206 sq ft
Last Sold: $76.4K in 1985 • Built: 1985
$215K - $224K
Est. Value
Chimney Hill
2 beds • 2.5 baths • 1,391 sq ft
Last Sold: $175K in 2007 • Built: 1983
$291K - $303K
Est. Value
Huntersville
4 beds • 3.5 baths • 1,732 sq ft
Last Sold: $205K in 2013 • Built: 2011
$655K - $690K
Est. Value
Ghent Square
3 beds • 3.5 baths • 2,650 sq ft
Last Sold: $430K in 2018 • Built: 1990
$349K - $362K
Est. Value
4 beds • 2.5 baths • 1,666 sq ft
Last Sold: $175K in 2012 • Built: 1966
$538K - $558K
Est. Value
5 beds • 2.5 baths • 3,038 sq ft
Last Sold: $130K in 1991 • Built: 1990
$296K - $307K
Est. Value
3 beds • 2 baths • 1,344 sq ft
Last Sold: $115K in 2001 • Built: 1976
$170K - $179K
Est. Value
2 beds • 1.5 baths • 1,248 sq ft
Last Sold: $115K in 2016 • Built: 2006
$222K - $231K
Est. Value
North Chesapeake Boulevard
3 beds • 1 bath • 988 sq ft
Last Sold: $130K in 2004 • Built: 1953
$319K - $332K
Est. Value
4 beds • 2.5 baths • 2,015 sq ft
Last Sold: $375K in 2022 • Built: 2014
$378K - $393K
Est. Value
Colonial Place
3 beds • 2 baths • 1,738 sq ft
Last Sold: $259K in 2016 • Built: 1919
$312K - $324K
Est. Value
4 beds • 2.5 baths • 1,601 sq ft
Last Sold: $204K in 2017 • Built: 1981
$327K - $340K
Est. Value
3 beds • 2.5 baths • 1,708 sq ft
Last Sold: $230K in 2011 • Built: 1997
$241K - $252K
Est. Value
Princess Ann Plaza
3 beds • 2 baths • 939 sq ft
Last Sold: $207K in 2019 • Built: 1964
