HomeDataUSA

States / Virginia / Norfolk

Norfolk, VA Housing

ACS 2020-2024

Median Home Value
$289,900 ± $5,479
Median Gross Rent
$1,321 ± $27/mo
Homeownership Rate
46.3%
Rent as Share of Income
24.0%
Price-to-Income Ratio
4.4×
Vacancy Rate
8.3%
Median Year Built
1964

New Construction (2025)

Housing units authorized by building permit — a leading signal of new supply, from the Census Building Permits Survey.

Units Authorized
156
Buildings
146
Single-Family Units
143
Multi-Family Units
13

Nearby Cities in Virginia

Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.

Norfolk, VA Housing: Rent & Home Values | HomeDataUSA