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 +11.8% YoY. inventory, +25.2% YoY, is the number to watch.
The median listing price is up 11.8% YoY while the median home got up 10.4% bigger, so value per square foot is up 3.0%.
U.S. Census ACS characteristics for ZIP 23504 itself, not its parent county.
Renters hold 61.1% of this ZIP's 8,256 occupied households, on a median household income of $45K.
| Measure | ZIP 23504 | Norfolk city | Difference |
|---|---|---|---|
| Median Household Income | $45K | $66K | -$21K |
| Below Poverty Level | 36.7% | 16.5% | +20.2% |
| Median Age | 28.00 | 32.70 | -4.70 |
| Total Population | 23,502 | 233,596 | -- |
| Avg Household Size | 2.49 | 2.25 | +0.24 |
| Owner-Occupied | 38.9% | 46.3% | -7.4% |
| Worked From Home | 9.1% | 10.2% | -1.1% |
| Mean Commute | 21.20 | 23.00 | -1.80 |
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.