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South Norfolk Home Values and Market Report

Search in the subdivision of South Norfolk

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Timshires.com
Report prepared by Timshires.com Howard Hanna
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Market at a glance

Over the last 12 months, homes sold for 100.0% of list price in 20 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $306K Sold · $306K
$330K$300K$270K$240K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 12 sales in Mar. Last month: 11.

Where the market stands

All homes in this report, by status.

158homes
Active42 · 27%
Under contract5 · 3%
Sold (12 mo)111 · 70%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

4.1months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$299K
Under contract$266K
Sold$294K

Average days on market

Active87 days
Under contract81 days
Sold20 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 42
Average list price $298,892
Avg. days on market 87 days
Avg. price per ft² $204 Based on 40 of 42 homes
Avg. living area 1,558 ft² Based on 40 of 42 homes
Avg. beds / baths 3.4 / 2.0

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

2 homes didn’t report living area and aren’t shown.

$600K$400K$200K$0

Price vs. living area: 40 homes plotted, up to $600K and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

9 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

1234 Bainbridge Boulevard$421
1008 Ohio Street$284
1000 Ohio Street$284
2566 Campostella Road$267
901 Stewart Street$260
2035 Christian Avenue$257
904 Mckinley Avenue$256

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1008 Ohio StreetCentral Chesapeake, VA 23324 ——945$268,900$2841 day
1004 Ohio StreetCentral Chesapeake, VA 23324 ——1,890$268,900$1421 day
1000 Ohio StreetCentral Chesapeake, VA 23324 ——945$268,900$2841 day
1238 Old Atlantic AvenueCentral Chesapeake, VA 23324 321,659$244,900$1474 days
2112 Spadina AvenueCentral Chesapeake, VA 23324 42.11,900$299,900$15712 days
1318 18th StreetCentral Chesapeake, VA 23324 321,336$248,900$18615 days
1416 Martin AvenueCentral Chesapeake, VA 23324 32.11,500$304,900$20318 days
1821 Hoover AvenueCentral Chesapeake, VA 23324 432,000$339,900$16919 days
2900 Rodgers StreetCentral Chesapeake, VA 23324 421,450$330,000$22725 days
904 Mckinley AvenueCentral Chesapeake, VA 23324 31.11,168$299,900$25625 days
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Questions about this market?

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These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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Next steps

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Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings; user is advised to verify the accuracy of the listing information before making any financial decisions.

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