Norfolk, VA

Norfolk, Virginia is a city located in the Hampton Roads region of southeastern Virginia. The population was 242,872 as of the 2010 census. Norfolk is the largest city in Hampton Roads and the third-largest city in Virginia. It is bordered by Portsmouth to the north, Suffolk to the east, and Chesapeake Bay to the south and west. The city has a significant naval presence with two active naval stations: Naval Station Norfolk and Naval Air Station Oceana.

Real estate in Norfolk ranges from single-family homes to high-rise apartments and condos. There are also a variety of commercial properties available for lease or purchase, including office buildings, retail stores, restaurants, hotels and more. The market for real estate in Norfolk is strong overall with median prices reaching $269,000 as of May 2017 according to Zillow. This makes it one of the most affordable cities in which to buy or lease property compared to other major metropolitan areas across America.

The history of real estate in Norfolk dates back over 150 years ago when land was first developed for residential use. Since that time, there has been a steady increase in demand for housing within the city limits due to its proximity to both major metropolitan areas ( Washington D.C./Baltimore) as well as numerous military installations (Naval Station Norfolk/Naval Air Station Oceana). As such, there are currently plenty of options available for buyers and renters alike when it comes to finding an affordable home or apartment that meets their needs and preferences.