Median home value in zip code 23518 (Norfolk, VA) is $332,608, up 0.2% year over year. Part of the Virginia Beach-Norfolk-Newport News, VA-NC metropolitan area.

Home Value$332,608

YoY Change

+0.2%

Prices rising — worse for buyers.

Affordability

Enter your income for 23518 (Norfolk).

Income (annual)

Down Payment

$66,522 on $332,608

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

Stretch32.9% of income

Above 28% but manageable with cuts.

PITI$2,059

P/I32.9%

Afford$283K

Gap-$50K

P&I $1,682Tax $244Ins $133

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

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

Metro Analysis

23518 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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