Home Values

23508 Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

The median list price per square foot in 23508 is $147, which is higher than the Norfolk average of $126. The median price of homes currently listed in 23508 is $260,000 while the median price of homes that sold is $317,269.

Foreclosures will be a factor impacting home values in the next several years. In 23508 1.2 homes are foreclosed (per 10,000). This is greater than the Norfolk value of 0.1 and also lower than the national value of 3.9

With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 23508 homeowners underwater on their mortgage is 30.0%, which is lower than Norfolk at 36.1%.

Read more
Relative ZHVI
- +

23508 Market Overview

Data through Feb 28, 2015
  • No data ZHVI
  • No data 1-yr forecast
  • $260,000 Median listing price
  • $317,269 Median sale price (Dec 31, 2014)
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

23508 Market Health

Data through Feb 28, 2015
  • No recent data
  • No data Average days on Zillow
  • 30.0% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

1.2 homes(Jun 30, 2013) 23508
0.1 homes(Dec 31, 2014) Norfolk
3.9 homes United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Zip Codes

Name Median ZHVI
23707 $138,700
 
 

Listings & Sales

Data through Feb 28, 2015
  • $147 Median list price / sq ft
  • $157 Median sale price / sq ft (Dec 31, 2014)
  • 17.0% Listings with price cut
41.5%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

23508 Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $1,588 23508
    $1,275 Norfolk
    $1,355 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • No data Rent list price
  • $0.88 Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading