Why Live in Port Norfolk
Port Norfolk, located at the northern end of Portsmouth, Virginia, is a historic neighborhood overlooking the Elizabeth River. Developed in the late 19th and early 20th centuries, it features Victorian, Queen Anne, and Colonial Revival homes with large front and wraparound porches. The area is undergoing revitalization, with some parts designated as a historic district, which imposes specific renovation guidelines. Port Norfolk Beach Reflection Walk along the Elizabeth River offers a serene path lined with benches, while Fountain Park provides play structures and a decorative fountain. Dining options include Pizza Box Portsmouth, Sweet Royale Hot Dogs & Poetry, and Twisted Pig Ale and Smokehouse, which also offers late-night entertainment. Olde Towne Portsmouth, about 2 miles east, has additional dining and entertainment options, including The Commodore theater and Foggy Point Bar & Grill. Local amenities include a Walmart Superstore, TJ Maxx, and Kroger less than 1 mile south, with Norfolk Premium Outlets approximately 14 miles away. The neighborhood is served by Hampton Roads Transit buses and is accessible via Virginia Route 164 and U.S. Route 58. The Norfolk International Airport is about 13 miles away. While the area has a relatively low crime risk compared to the national average, some homes along the water may require flood insurance due to their location in the AE flood zone. Additionally, Portsmouth has four Superfund sites, some of which are still undergoing remediation.
Home Trends in Port Norfolk, VA
On average, homes in Port Norfolk, Portsmouth sell after 37 days on the market compared to the national average of 51 days. The median sale price for homes in Port Norfolk, Portsmouth over the last 12 months is $260,000, up 2% from the median home sale price over the previous 12 months.
Median Sale Price
$260,000
Median Single Family Sale Price
$266,035
Median Townhouse Sale Price
$190,500
Average Price Per Sq Ft
$174
Number of Homes for Sale
31
Last 12 months Home Sales
101
Median List Price
$264,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
2%