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Stephen A. housing

Housing market in Norfolk — is it worth buying?

Median home value here is around $271,900. Prices are reasonable compared to major metros. For those renting, typical rent is $1246.

Is now a good time to buy in Norfolk? Or better to keep renting?

Looking for opinions from both homeowners and renters.
56 upvotes

11 Replies

Jordan J.
Rent tip: look for places in fall. Prices drop and there's more availability.
38 upvotes
Jordan J.
As someone who moved here from Denver, I can confirm most of this. The friendliness of people surprised me the most.
32 upvotes
Stephen A.
Good summary. I'd rate it higher personally — maybe 6/10.
27 upvotes
Stephen A.
Totally agree with this. I've been here 14 years and my experience is very similar.
23 upvotes
Jordan J.
Can confirm the safety issue. But it really depends on the neighborhood. Westside and Midtown are perfectly safe.
18 upvotes
Jordan J.
Been here 20 years. The city has changed a lot but overall for the better.
18 upvotes
Danielle S.
Public transit needs work but they're investing in it. Should improve in next few years.
17 upvotes
Danielle S.
Traffic is the worst part honestly. But if you live near work it's fine.
13 upvotes
Dylan K.
Respectfully disagree about the cost of living assessment. In my experience, it really depends on your lifestyle.
11 upvotes
Stephen A.
I work in government and finding a job wasn't hard. Took about 1 months.
5 upvotes
Stephen A.
Can confirm the safety issue. But it really depends on the neighborhood. Maple Heights and Old Town are perfectly safe.
1 upvotes
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