Comprehensive market data and analysis• Updated Oct 2026
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 3 | 7 |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 3 | 8 |
Acreage buckets
The median price for land in Norfolk County, Virginia is currently $410K per acre. For a typical parcel, the median sale price is $65K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $20K while premium lots reached $409K.
The 12-month rate is 2.4%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The median land price in Norfolk County, Virginia stands at $65K. This translates to roughly $410K per acre for the typical parcel size. The average price is $138K, indicating some higher-priced properties pulling up the average.
Land in Norfolk County, Virginia typically sells within 1 days of listing. The median time on market is 1 days. Properties are moving quickly in the current strong buyer's market.
Land in Norfolk County, Virginia averages $488K per acre. The median price per acre is $410K, which may be more representative of typical transactions. Most parcels sold are around 3,223 sq ft.
Over the past 12 months, Norfolk County, Virginia saw 9 properties sold, totaling $1.2M in sales volume.
The top-performing broker in this market is NextHome Advantage.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Norfolk County on LandyDandy.
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