Are buyers active in Norfolk?

Buyer demand in Norfolk is **very active** as of May 2026. The pending ratio is 0.62 — that's contracts under negotiation versus the homes available to buy. Homes take a median of 62 days to go under contract. Inventory is -5.8% year over year — fewer choices means buyers who do show up have to move quickly. Sellers are responding: 35.4% of listings have cut price. Overall, the Primpted Sold Score for Norfolk is 63/100 (Good Chance of Selling). — Live indicators (May 2026): Sold Score: 63/100 (Good Chance of Selling) · Pending ratio: 0.62 · Inventory YoY: -5.8% · Median days on market: 62 · Sellers cutting price: 35.4% · Median listing price: $318,675 (+6.3% YoY)