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Featured local agent — Norfolk, NY
Sarah Mitchell
Compass Real Estate · Norfolk, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Norfolk, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$512,500median sale price
How is the Norfolk, NY housing market right now?
The median home sale price in Norfolk, NY is $512,500. Homes sell in an average of 7 days. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Norfolk a buyer's or seller's market?
Norfolk, NY is currently a balanced market and homes selling in about 7 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
7
Fast-moving
Active listings
—
Sale-to-list
93.3%
Below asking
What does the Norfolk housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $512,500 |
| Average days on market | 7 days |
| Sale-to-list price ratio | 93.3% |
| Median price per sq ft | $90/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Norfolk by property type?
How the Norfolk, NY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $512,500 | $90/sq ft | 1 | 7 days |
Source: Redfin · Updated monthly
The Norfolk housing market is currently classified as a balanced market with a median sale price of $512,500. Prices have fallen 0.0% compared to last year, with homes spending an average of 7 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.4x provides context for how home values compare to local earning capacity.
Homes for sale in Norfolk
Explore homes currently listed for sale in Norfolk, New York across major real estate platforms.
Who lives in Norfolk?
Population
1,021
Median income
$52,411/yr
Median age
39.8 years
Owner-occupied
61.7%
College grads
11.1%
Avg commute
20.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Norfolk?
Zillow home value
$125,442
Price-to-income
2.4x
Source: Zillow Research
What is it like to live in Norfolk?
Norfolk is a community of approximately 1K residents with a median age of 39.8 years.The median household income is $52,411, which represents a working-class community with solid middle-income opportunities. 11.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 61.7%, showing a blend of owner and renter-occupied properties. The average commute time is 20.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Norfolk offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Norfolk, NY?
Want a head-to-head view? Compare Norfolk side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Norfolk?
The median home sale price in Norfolk is $512,500, down 0.0% from last year.
How long do homes stay on market in Norfolk?
Homes typically spend 7 days on market before going under contract.
What is the median income in Norfolk?
The median household income is $52,411 per year.
What is the Zillow home value estimate for Norfolk?
The Zillow Home Value Index (ZHVI) for Norfolk is $125,442, representing the typical home value in the area.
How much does a single-family home cost in Norfolk?
The median single-family home price in Norfolk, NY is $512,500 (about $90 per square foot).
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