Zip 23513 (Norfolk, VA) Housing

The housing market in 23513 Norfolk, VA is doing well compared to the national median. The median value of a home in this zip code is $217,300, which is considerably lower than the US House Median Value of $338,100. However, it has seen an impressive 8.59% increase in its appreciation over the past year; higher than the US 1 year House Appreciation at 8.27%. This makes 23513 Norfolk, VA an attractive area for prospective buyers looking for property in a desirable location with increasing potential.

The median home cost in Norfolk (zip 23513) is $217,300. Home appreciation the last 10 years has been 55.7%. Home Appreciation in Norfolk (zip 23513) is up 12.2%.

Average Age of Homes

- The median age of Norfolk (zip 23513) real estate is 51 years old

The Rental Market in Norfolk (zip 23513)

- Renters make up 46.2% of the Norfolk (zip 23513) population
- 2.9% of houses and apartments in Norfolk (zip 23513), 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
	12,928.0	139,647,020.0
	56	42
	$217,300	$338,100
	12.2%	16.6%
	49.5%	57.0%
	55.7%	101.1%
	$10.58	$10.98
	$1,878	$2,690
	49.7%	57.4%
	7.1%	11.2%
	43.2%	31.4%
Vacant Housing
	2.9%	1.9%
	0.8%	0.4%
	0.7%	0.7%
	0.0%	0.4%
	0.4%	3.6%
	2.3%	4.1%
Value of Owner-Occupied Housing
	3.0%	2.6%
	0.7%	2.4%
	1.4%	2.8%
	1.9%	3.9%
	2.9%	4.5%
	24.8%	11.3%
	26.7%	13.0%
	35.0%	20.1%
	2.7%	13.6%
	0.2%	8.3%
	0.4%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	3.7%	13.6%
	3.7%	13.6%
	5.7%	13.6%
	8.4%	13.2%
	18.2%	14.8%
	5.7%	13.6%
	22.3%	10.0%
	13.1%	4.7%
	5.3%	12.2%