Back
NorfolkHousing market
Norfolk
Norfolk

Norfolk Housing Market Report

Strong Buyer's Market

All types - for the month of March

Buyer's market Seller's market

8

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 5+ months indicates a buyer’s market, where homes are selling slowly and there are more homes than available buyers.

61

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

596

New

256(+10.34% YoY)

Relisted

4(-50.00% YoY)

Compared to number of active, same period, in 2024: 342, in 2023: 110, in 2022: 38

Total Sold Listings*

71

Median Sold Price

$615,000

Avg Days on Market

61 days

Median Bidding

-$19,000

Compared to number of sold, same period, in 2024: 108, in 2023: 95, in 2022: 168

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Norfolk - All types

Sold vs Active vs New vs Relisted - Norfolk - All types

Sold Price Distribution - Norfolk - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Norfolk - All types

Property type distribution based on data from the last 3 months.

Median Price - Norfolk - All types

Top 5 Schools in Norfolk

Sacred Heart School26 Albert St, N0E 1G0, Langton, ON
8.3/10
Public•JK-8
Port Rowan Public School48 College Ave, N0E 1M0, Port Rowan, ON
7.7/10
Public•JK-8
St. Joseph's School34 Potts Rd, N3Y 2S8, Simcoe, ON
7.2/10
Public•JK-8
St. Frances Cabrini School373 Northern Ave, N4B 2R4, Delhi, ON
6.3/10
Public•JK-8
St. Bernard of Clairvaux School250 Washington St, N0E 1Y0, Waterford, ON
5.8/10
Public•JK-8