Median home value in zip code 23502 (Norfolk, VA) is $302K, up 0.5% year over year. Part of the Virginia Beach-Norfolk-Newport News, VA-NC metropolitan area.

Full stress scores, AI analysis, and 12-month forecast: Virginia Beach-Norfolk-Newport News, VA-NC metro →

Home Value$301,915

YoY Change

+0.5%

AFFORDABILITY

Enter your income for 23502 (Norfolk).

Income (annual)

Down Payment

$60,383 on $301,915

Stretch — 30.1% of income

Above 28% but manageable with cuts.

PITI$1,881

P/I30.1%

Afford$281K

Gap-$21K

P&I $1,527Tax $221Ins $133

6.50% 30yr, 20% down, county tax + VA ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

23502 is part of the Virginia Beach-Norfolk-Newport News, VA-NC metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

View Virginia Beach-Norfolk-Newport News, VA-NC analysis

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