Zip 23510 (Norfolk, VA) Housing

The housing in 23510 Norfolk, VA has a median value of $334,600, which is slightly lower than the US House Median Value of $338,100. However, the 1 year house appreciation in 23510 Norfolk is 8.59%, which is higher than the US 1 year house appreciation rate of 8.27%. This means that homeowners in this area are likely to see an increase in their home's value over time.

The median home cost in Norfolk (zip 23510) is $334,600. Home appreciation the last 10 years has been 55.7%. Home Appreciation in Norfolk (zip 23510) is up 12.2%.

Average Age of Homes

- The median age of Norfolk (zip 23510) real estate is 37 years old

The Rental Market in Norfolk (zip 23510)

- Renters make up 68.1% of the Norfolk (zip 23510) population
- 2.8% of houses and apartments in Norfolk (zip 23510), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Norfolk, Virginia	United States
	4,940.0	139,647,020.0
	40	42
	$334,600	$338,100
	12.2%	16.6%
	49.5%	57.0%
	55.7%	101.1%
	$11.17	$10.98
	$3,662	$2,690
	18.1%	57.4%
	6.2%	11.2%
	75.6%	31.4%
Vacant Housing
	2.8%	1.9%
	0.2%	0.4%
	0.8%	0.7%
	0.0%	0.4%
	0.3%	3.6%
	2.0%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	1.1%	11.3%
	15.3%	13.0%
	26.9%	20.1%
	24.0%	13.6%
	9.5%	8.3%
	10.4%	9.7%
	9.4%	3.9%
	1.1%	2.2%
	0.0%	0.8%
	2.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	23.1%	13.6%
	23.1%	13.6%
	6.9%	13.6%
	14.7%	13.2%
	3.7%	14.8%
	6.9%	13.6%
	10.5%	10.0%
	3.6%	4.7%
	21.3%	12.2%

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