Search for any place in the USA:

        




Housing in Norfolk, Virginia

Overview, People, Health, Economy, Housing, Rankings, Climate, Crime
Education, Comments, Transportation, Cost of Living, Religion, Voting

HousingNorfolk, VAUnited States
Median Home Age5137
Median Home Cost$173,500$170,100
Home Appr. Last 12 months2.10%4.90%
Home Appr. Last 5 yrs.-14.80%-4.60%
Home Appr. Last 10 yrs.24.00%12.70%
Property Tax Rate$10.57$12.07
Homes Owned40.90%57.34%
Housing Vacant10.35%12.47%
Homes Rented48.75%30.19%
AVERAGE RENT FOR HOME OR APARTMENT
Studio Apartment$767$661
1 Bedroom Home or Apartment$787$765
2 Bedroom Home or Apartment$949$957
3 Bedroom Home or Apartment$1,311$1,289
4 Bedroom Home or Apartment$1,651$1,490
VACANT HOUSING
Vancant For Rent3.74%2.50%
Vancant Rented1.18%0.46%
Vancant For Sale1.57%1.38%
Vancant Sold0.46%0.46%
Vancant Vacation0.42%3.81%
Vancant Other3.00%3.87%
VALUE OF OWNER-OCCUPIED HOUSING
Less Than $20,0001.63%3.30%
$20,000 to $39,9990.85%3.44%
$40,000 to $59,9990.45%4.18%
$60,000 to $79,9991.03%5.80%
$80,000 to $99,9992.60%7.08%
$100,000 to $149,99913.41%15.77%
$150,000 to $199,99926.41%15.03%
$200,000 to $299,99929.15%18.50%
$300,000 to $399,99910.35%10.39%
$400,000 to $499,9995.74%5.66%
$500,000 to $749,9995.53%6.39%
$750,000 to $999,9991.66%2.28%
$1,000,000 or more1.21%2.18%
HOUSING UNITS BY YEAR STRUCTURE BUILT
2010 and newer0.37%0.29%
2000 to 20097.62%14.18%
1990 to 19995.74%13.96%
1980 to 198910.87%13.99%
1970 to 197912.80%16.09%
1960 to 19695.74%13.96%
1950 to 195920.32%11.05%
1940 to 194913.19%5.59%
1939 or Earlier15.08%13.68%

The median home value in Norfolk, VA, is $173,500. Home appreciation is 2.10% over the last year. The median age of Norfolk, VA, real estate is 51 years.

Norfolk, VA Apartments and Rentals

Renters make up 48.75% of the Norfolk, VA, population. 10.35% of houses and apartments in Norfolk, VA, are unoccupied (vacancy rate).


Norfolk Housing SperlingViews

Norfolk, VA: Norfolk has a commitment to end homelessness, while at the same time they install benches isn public places which are designed so that no one can sleep on them. As... (read more)Norfolk Va. A nice place to live: With the crime rate having dropped, and the housing market not in to bad of a shape living here is getting much better. Job market is ok due to the very large military... (read more)Dont retire in Norfolk: Too much activity...too much traffic and people. Go to Williamsburg area if you can afford... (read more)Have an opinion about Norfolk? Leave a commentTo See All SperlingViews for Norfolk Click Here