Median home value in zip code 23508 (Norfolk, VA) is $374,660, up 0.2% year over year. Part of the Virginia Beach-Norfolk-Newport News, VA-NC metropolitan area.

Home Value$374,660

YoY Change

+0.2%

Prices rising — worse for buyers.

Affordability

Enter your income for 23508 (Norfolk).

Income (annual)

Down Payment

$74,932 on $374,660

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

Out of reach36.8% of income

Need $98,700/yr to afford.

PITI$2,303

P/I36.8%

Afford$285K

Gap-$90K

P&I $1,894Tax $275Ins $133

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

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

Metro Analysis

23508 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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