Norfolk, NE
Housing market overview · Updated weekly
$262,934median sale price
Homes sold
14
Last 12 weeks
Days on market
63
Average pace
Active listings
67
4.8 months supply
Sale-to-list
98.1%
Below asking
The Norfolk housing market is currently classified as a leaning buyer's with a median sale price of $262,934. Prices have fallen 0.8% compared to last year, with homes spending an average of 63 days on market, indicating 4.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Norfolk?
The median home sale price in Norfolk is $262,934, down 0.8% from last year.
How long do homes stay on market in Norfolk?
Homes typically spend 63 days on market before going under contract.
Is Norfolk a buyer's or seller's market?
With 4.8 months of supply, Norfolk is currently a leaning buyer's.
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