Updated May 2026 · Redfin · 3-month window
23523 Real Estate Market Update: Norfolk, VA, May 2026
The latest housing-market numbers for ZIP code 23523 in Norfolk, Virginia, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $250K | ▼ -4.0% | ▼ -13.9% |
| Days on market | 31 | ▼ -16.2% | ▼ -18.4% |
| Homes for sale | 12 | ▼ -7.7% | ▼ -29.4% |
| Sale-to-list | 100.0% | ▲ +0.7% | ▲ +0.1% |
| Homes sold | 21 | ▲ +31.3% | ▼ -12.5% |
Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.
What the 23523 numbers say
The 23523 ZIP in Norfolk is cooling. The median sale price sits at $249,700, 13.9% below last year. Homes here move fast: a typical listing goes under contract in about 31 days, and sellers are getting 100.0% of list price.
Based on 21 recent sales, 23523 is currently an active market.
What this means if you sell in 23523
Use these figures to set expectations early. Lead a listing appointment with the median price and the 31-day pace, show the year-over-year direction, and frame 23523 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.
Turn these 23523 numbers into a finished post.
Open LOKAL with Norfolk ready to go. You'll get a carousel, story and square graphic with real figures in place, ready to export in seconds.
Build the Norfolk post →Frequently asked: the 23523 housing market
- What is the median home price in ZIP 23523 (Norfolk, VA)?
- As of May 2026, the median sale price in ZIP 23523 is $249,700 (-13.9% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 23523 a buyer's or seller's market right now?
- ZIP 23523 is currently an active market, based on a 100.0% sale-to-list ratio, about 31 days on market for May 2026.
- How long do homes take to sell in ZIP 23523?
- A typical listing in 23523 goes under contract in about 31 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 23523 market data come from?
- All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.
More Virginia markets
Nearby Virginia ZIP codes
Embed this update on your site
Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.