Home / Select Cities  /  2024 Comparing Norfolk, VA vs. Cary, NC

2024 Compare Cities Housing:
Norfolk, VA vs Cary, NC

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Highlights
- The median age of a home in Norfolk is 59.6% older than the median age of a home in Cary.

Housing
 Norfolk, VACary, NCUnited States
 Median Home Age572342
 Median Home Cost$271,500$574,400$338,100
 Home Appr. Last 12 months12.2%25.0%16.6%
 Home Appr. Last 5 yrs.49.5%72.1%57.0%
 Home Appr. Last 10 yrs.55.7%108.2%101.1%
 Property Tax Rate$10.9$8.8$11.0
 Homes Owned40.1%62.9%57.4%
 Housing Vacant8.0%5.8%11.2%
 Homes Rented51.9%31.3%31.4%
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 Avg Rent For Home Or Apartment
 Norfolk, VACary, NCUnited States
 Average Rent$1,780$1,970$1,840
 Studio Apartment$1,090$1,400$1,080
 1 Bedroom Home or Apartment$1,110$1,440$1,180
 2 Bedroom Home or Apartment$1,290$1,630$1,430
 3 Bedroom Home or Apartment$1,810$2,000$1,860
 4 Bedroom Home or Apartment$2,200$2,650$2,160
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 Vacant Housing
 Norfolk, VACary, NCUnited States
 Vacant For Rent2.8%2.9%1.9%
 Vacant Rented0.6%0.7%0.4%
 Vacant For Sale0.9%0.3%0.7%
 Vacant Sold0.2%0.1%0.4%
 Vacant Vacation0.4%0.8%3.6%
 Vacant Other3.1%1.1%4.1%
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 Owner-Occupied Housing Value
 Norfolk, VACary, NCUnited States
 Less Than $20,0002.1%0.6%2.6%
 $20,000 to $39,9990.6%0.4%2.4%
 $40,000 to $59,9990.7%0.1%2.8%
 $60,000 to $79,9991.1%0.1%3.9%
 $80,000 to $99,9991.9%0.4%4.5%
 $100,000 to $149,99911.6%1.8%11.3%
 $150,000 to $199,99922.6%4.0%13.0%
 $200,000 to $299,99933.4%15.6%20.1%
 $300,000 to $399,99911.8%26.1%13.6%
 $400,000 to $499,9995.8%20.4%8.3%
 $500,000 to $749,9995.2%22.4%9.7%
 $750,000 to $999,9991.7%5.8%3.9%
 $1,000,000 to $1,499,9991.2%1.7%2.2%
 $1,500,000 to $1,999,9990.2%0.2%0.8%
 $2,000,000 and over0.3%0.4%1.1%
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 Housing Units By Year Built
 Norfolk, VACary, NCUnited States
 2015 and Newer0.2%0.6%0.2%
 2010 to 20147.1%23.6%13.6%
 2000 to 20097.1%23.6%13.6%
 1990 to 19996.3%27.7%13.6%
 1980 to 198910.7%15.2%13.2%
 1970 to 197911.4%8.8%14.8%
 1960 to 19696.3%27.7%13.6%
 1950 to 195919.4%1.3%10.0%
 1940 to 194910.6%0.3%4.7%
 1939 or Earlier15.6%0.4%12.2%

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Reviews for Norfolk    41 Reviews

I've lived in Norfolk for most of my life, and I love it here. I love the maker scene, and the new breweries. The arts scene, especially the theater side is always  More

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Over 6 years ago

I have lived in Norfolk VA for 11 months and,I cant wait to leave.It is full of crime ,homeless and undeveloped city.Public transportation is terrible and its wet and  More

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Over 6 years ago

I was born in Norfolk, and lived in Norfolk and Virginia Beach until my early 20s. Here are 10 things that are 100% true about Norfolk you may have heard before: 1) It's  More

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Reviews for Cary    63 Reviews

Cary is up-and-coming “cool.” The downtown is revitalized and growing. The town takes urban planning very seriously. The home prices have definitely spiked in the last  More

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Over 7 years ago

I've lived in NY, CT, MA, and in Miami FL. Now here in Cary NC for the past 10 years. For what I want and need at this phase of my life, I really like it here! All the  More

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Over 7 years ago

As a Real Estate Agent, I consider Cary the most central location in the Triangle, it basically takes you twenty minutes to get to Chapel Hill, Carrboro, Hillsborough,   More

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ZIPS IN NORFOLK, VIRGINIA
23503, 23518, 23513, 23505, 23504, 23508, 23502, 23511, 23509, 23523, 14 total
ZIPS IN CARY, NORTH CAROLINA
27519 27513 27511 27518

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