Median home value in zip code 23507 (Norfolk, VA) is $473,437, up 0.0% year over year. Part of the Virginia Beach-Norfolk-Newport News, VA-NC metropolitan area.

Home Value$473,437

YoY Change

+0.0%

Prices rising — worse for buyers.

Affordability

Enter your income for 23507 (Norfolk).

Income (annual)

Down Payment

$94,687 on $473,437

Example: $75,000 household income. Change it above to see your own.

Out of reach46% of income

Need $123,171/yr to afford.

PITI$2,874

P/I46%

Afford$288K

Gap-$185K

P&I $2,394Tax $347Ins $133

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

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

Metro Analysis

23507 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

Want deeper metro-level analysis?Stress scores, crash risk, 12-month forecasts, and early warning signals for 195 US metros.

Try Free

Weekly briefing

Every Monday — score changes, top movers, and what shifted. Free.