Norfolk city: Median Home Value Trend
How Norfolk city's median home value changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$194,800
2023
$271,900
Total change
+$77,100
% change
+39.6%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $194,800 | — |
| 2019 | $206,700 | +$11,900 (6.1%) |
| 2020 | $215,800 | +$9,100 (4.4%) |
| 2021 | $223,300 | +$7,500 (3.5%) |
| 2022 | $254,200 | +$30,900 (13.8%) |
| 2023 | $271,900 | +$17,700 (7%) |