dynamic.RE
dynamic.RELoading market data
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A market with no active rental pool to price against. The sale-side figures below are the whole picture.
What would change this read: the median listing price is −5.7% YoY. inventory, +27.0% YoY, is the number to watch.
The median listing price is down 5.7% YoY while the median home got down 14.6% bigger, so value per square foot is up 2.6%.
U.S. Census ACS characteristics for ZIP 23502 itself, not its parent county.
Renters hold 55.0% of this ZIP's 8,269 occupied households, on a median household income of $63K.
| Measure | ZIP 23502 | Norfolk city | Difference |
|---|---|---|---|
| Median Household Income | $63K | $66K | -$3K |
| Below Poverty Level | 16.6% | 16.5% | +0.1% |
| Median Age | 37.30 | 32.70 | +4.60 |
| Total Population | 20,399 | 233,596 | -- |
| Avg Household Size | 2.40 | 2.25 | +0.15 |
| Owner-Occupied | 45.0% | 46.3% | -1.3% |
| Worked From Home | 12.5% | 10.2% | +2.3% |
| Mean Commute | 22.70 | 23.00 | -0.30 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is down 0.6% to 233,596: residents under 18 are down 1.2% and those 65 and over are up 3.0%.
County median household income is $66K, 16.5% of residents are below the poverty level, 10.2% work from home.