Housing in Norfolk, NE
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$221,689
Median List Price
$311,950
Price Per Sq Ft
$149
Days on Market
32
Active Inventory
63
Months of Supply
4.8
Balanced market
Zillow Home Value
$247,251
ZHVI — January 2026
Zillow Rent Index
$1,269
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
7.7%
Off Market in 2 Weeks
17.4%
Sale-to-List Ratio
94.5%
Buyer's market
Market Activity
Source: RedfinHomes Sold
13
New Listings
22
Pending Sales
23
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$149
Median List $/SF
$155
Norfolk vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. Norfolk is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$199,100
Median Rent
$850
Total Housing Units
11,646
Vacancy Rate
8.1%
Owner Occupied
63.2%
Renter Occupied
36.8%
Median Property Tax
$2,728
per year
Monthly Cost (w/ Mortgage)
$990
Housing Types
The current median sale price in Norfolk, NE is $221,689 according to Redfin data. Homes spend a median of 32 days on the market. 7.7% of homes sold above asking price. The market has 4.8 months of supply. The median price per square foot is $149. Zillow's observed rent index is $1,269/month. About 63.2% of housing units are owner-occupied. The median year homes were built is 1976. There are 11,646 total housing units.