Is now a good time to sell in Norfolk?

Probably not, unless you need to move. The Sold Score for Norfolk is 38/100 in August 2026 (Challenging Market Conditions) — homes still close, but you'll likely accept a longer timeline or a lower price than a year ago. Pending ratio is 0.31 — the higher this is, the faster contracts come in relative to standing inventory. Active inventory is up +8.7% year over year, expanding the pool you're competing in. Median days on market sit at 54. 43.8% of active listings have already reduced asking price. — Live indicators (August 2026): Sold Score: 38/100 (Challenging Market Conditions) · Pending ratio: 0.31 · Inventory YoY: +8.7% · Median days on market: 54 · Sellers cutting price: 43.8% · Median listing price: $310,000 (+5.1% YoY)