Why Live in Belvedere
Belvedere, a small neighborhood in Norfolk, is situated at the north end of the Granby Street Bridge, bordered by the Lafayette River and Wayne Creek. This primarily residential area features mid-century Cape Cods, ranch-style homes, split-levels, and Colonial Revival-style houses. Many homes have open yards with riverfront views, and some waterfront properties include private docks or boat ramps. The neighborhood's proximity to local schools, universities, military bases, and beaches is a significant draw for residents. While the local schools have mixed ratings, Granby High School offers the district's only International Baccalaureate program. Old Dominion University is conveniently located just 3 miles away.
Granby Street Park, with its tall Virginia pines and shaded benches, is the largest park in Belvedere, while the nearby playground at Trinity Lutheran is popular among children. The Midtown Shopping Center, 2 miles up Granby Street, provides shopping and dining options, including Harris Teeter and the Book Exchange. MJ’s Tavern is a favored spot for nightlife and karaoke. The neighborhood is well-connected with multiple bus stops along Granby Street and access to Norfolk’s light rail downtown.
Residents enjoy local attractions like the Virginia Zoo and the annual Harborfest in downtown Norfolk. The Eastern Virginia Medical Center, 4 miles away, includes the Children's Hospital of The King's Daughters and Eastern Virginia Medical School. However, waterfront residents must be cautious of flooding, and traffic can be heavy due to the city's bustling nature and significant military presence.
Home Trends in Belvedere, VA
On average, homes in Belvedere, Norfolk sell after 41 days on the market compared to the national average of 51 days. The median sale price for homes in Belvedere, Norfolk over the last 12 months is $460,000, up 24% from the median home sale price over the previous 12 months.
Median Sale Price
$460,000
Median Single Family Sale Price
$470,000
Median 2 Bedroom Sale Price
$158,500
Average Price Per Sq Ft
$224
Number of Homes for Sale
3
Last 12 months Home Sales
17
Median List Price
$464,950
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
24%