Selling0 views · 1 answer
Is now a good time to sell in Norfolk?
P
Primpted Housing Analyst
Updated monthly · Data through May 2026 · v265
- Sold Score
- 63/100
- YoY Good Chance of Selling
- Pending ratio
- 0.62
- YoY contracts vs active
- Inventory YoY
- -0.1%
- YoY active listings
- Median DOM
- 62
- YoY days on market
- Price cuts
- 35.4%
- YoY of active listings
Yes. Norfolk's Sold Score of 63/100 in May 2026 (Good Chance of Selling) means demand is outrunning supply enough that motivated sellers are getting deals done.
Pending ratio is 0.62 — the higher this is, the faster contracts come in relative to standing inventory. Active inventory is down +5.8% year over year, tightening the pool you're competing in. Median days on market sit at 62. 35.4% of active listings have already reduced asking price.
— 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)
Norfolk snapshot
As of the latest 2026 data- Median listing
- $319K
- YoY +0.1%
- Active inventory
- 113
- YoY -0.1%
- Median DOM
- 66
- YoY +0.3%
- Pending ratio
- 0.56
- YoY -0.0%
- Price-reduced
- 17.0%
- YoY +0.0%
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