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1307 Hatton St
D Composite 42.08
Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • ARV discount +13.5/15.0
  • Cash flow +10.5/30.0
  • Livability +4.2/5.0
  • Schools +3.5/10.0
  • DSCR +3.0/10.0
  • 1% rule +2.5/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$195,000

1307 Hatton St · Norfolk, VA 23523
2 bd · 2.0 ba · 1,140 sqft · SingleFamily public records · 113 Days on market
Built 1905 2,365 sqft lot $171/sqft · 13% below area Est $225k · 13% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome home to this beautifully updated 3-bedroom, 2 bath gem in the heart of Norfolk! Featuring a bright open-concept layout, this home is great for both everyday living and entertaining. The updated kitchen boasts modern finishes and flows seamlessly into the main living space, creating a welcoming atmosphere. Both bathrooms have been tastefully renovated, offering comfort and style throughout. Step outside to enjoy the cozy backyard to relax in the evenings, weekend gatherings, or your morning coffee. Conveniently located near shopping, military bases, hospitals, and major interstates, this home offers the perfect blend of comfort and convenience. Don’t miss your opportunity to own this move-in-ready beauty!

Key facts

  • Renovated bathrooms
  • Cozy backyard
  • Updated kitchen

Tags

OPEN-CONCEPT LAYOUTUPDATED KITCHENRENOVATED BATHROOMSCOZY BACKYARDCONVENIENTLY LOCATED

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath single-family listed at $195k.

Deal economics

  • At list price, monthly cash flow is $-101 ($-1k/yr) — negative.
  • To cash-flow at today's rent, offer at most $177k (9.1% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $145k (25.5% below list).
  • Recommended offer: $145k (25.5% below list) — sets the bar for 1% rule.
  • Cap rate 5.7% vs local median 4.0% in Norfolk — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 83/100 on livability (#43 in VA, #1,026 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, health & safety A+; Watch: employment C-, crime F.
  • Norfolk City Public School District (urban): math 27% / reading 56% proficiency, ranked #118 of 131 in VA (top 90%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Southside Stem Academy At Campostella (math 11% / reading 37%, grade F, #1,064 of 1,108 statewide, top 96%, 737 students, 95% FRL); Lake Taylor (math 22% / reading 45%, grade F, #984 of 1,108 statewide, top 89%, 626 students, 96% FRL); Lake Taylor High (math 38% / reading 72%, grade C, #279 of 319 statewide, top 88%, 1,030 students, 92% FRL) — zoned schools average 94% FRL vs 59% district-wide (36 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: 25 active listings in the ZIP; 27 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 438 units permitted in Norfolk city in 2024 (273 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.

Negotiation context

  • It's been on market 113 days — a 9% lower offer ($177k) is reasonable based on typical stale-listing flexibility.
  • 7 sale attempts since 4y ago; this cycle's ask has dropped $50k (20%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: built in 1905 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $145,350 (25.5% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 113 days. Have you received any prior offers? Is the seller open to a 25% concession, seller financing, or rate buy-down credit?
  3. Built in 1905 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  7. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  9. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  10. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  11. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
0.75%
Cap rate
5.67%
Cash-on-cash
-2.22%
DSCR
0.90
GRM
11.2

CMA / ARV

ARV (median comp)
$224,922
List price
$195,000
Delta
-13.30%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1415 Hibie St 0.26mi 3/1.5 (+1) 1,056 (-7%) 1mo $247,000 $234 68
611 Partridge Ave 0.39mi 3/2.0 (+1) 1,200 (+5%) 1mo $200,000 $167 67
1507 Colon Ave 0.21mi 3/2.0 (+1) 1,050 (-8%) 7mo $275,000 $262 66
1535 Vine St 0.17mi 3/1.5 (+1) 992 (-13%) 3mo $245,000 $247 61
410 Middlesex St 0.42mi 3/2.5 (+1) 1,212 (+6%) 8mo $173,000 $143 56
1807 Arlington Ave 0.65mi 2/1.0 1,212 (+6%) 2mo $215,000 $177 54
1012 Nelson St 0.65mi 3/1.5 (+1) 1,075 (-6%) 1mo $260,000 $242 53
521 Mahone Ave 0.68mi 3/1.0 (+1) 1,112 (-2%) 7mo $85,000 $76 49
1314 18th St 0.68mi 3/2.0 (+1) 1,212 (+6%) 5mo $277,000 $229 49
811 Whitehead Ave 0.51mi 3/1.0 (+1) 980 (-14%) 9mo $212,500 $217 36
711 Vellines Ave 0.63mi 3/1.5 (+1) 1,000 (-12%) 9mo $252,900 $253 36
708 Lancaster St 0.69mi 3/1.0 (+1) 1,000 (-12%) 7mo $62,000 $62 33

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
-20.0%
Equity multiple
0.30×
Total profit
$-38,065
Equity at exit
$29,075
10-year hold
IRR
-13.0%
Equity multiple
0.24×
Total profit
$-41,581
Equity at exit
$16,860

Cash invested: $54,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
55 Moderately Landlord-Leaning
State Virginia
55 Moderately Landlord-Leaning · D+2
County
— inherits STATE
City
— inherits STATE
VRLTA gives some tenant protections; Northern Virginia courts slower; rural VA landlord-leaning.

ZIP-level market 23523

Home prices YoY
-16.6%
Active inventory
25
Price-to-rent
11.2×

Monthly cashflow live

Estimated rent
$1,454 high interval (Pro) →
Mortgage (P&I)
$1,023
Tax from tax record
$145 /mo · $1,744/yr
Insurance
$81
HOA
$0
Vacancy / Maint / Mgmt
$305
Net cashflow
$-101

Break-even live

Break-even rent $1,581
Max offer price $177,170
Occupancy floor

Sensitivity live

Price -10% $9 -5% $-46 +0% $-101 +5% $-156 +10% $-211
Rent -10% $-216 -5% $-158 +0% $-101 +5% $-44 +10% $14
Rate -1.0pp $-3 -0.5pp $-51 base $-101 +0.5pp $-151 +1.0pp $-203

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$48,750
Closing costs
$5,850
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 27 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1510 Wilson Rd #5 Norfolk, VA 2.0 1.0 900 $1,200 $1.33 25d 1 0.04mi
1510 Wilson Rd #4 Norfolk, VA 3.0 1.0 1273 $1,400 $1.10 22d 1 0.04mi
1510 Wilson Rd Unit 3 Norfolk, VA 3.0 1.0 1273 $1,200 $0.94 45d 1 0.04mi
1510 Wilson Rd Unit 1 Norfolk, VA 3.0 1.0 1100 $1,325 $1.20 25d 1 0.04mi
1510 Wilson Rd Norfolk, VA 3.0 1.0 815 $1,375 $1.69 45d 1 0.04mi
1535 Vine St Norfolk, VA 3.0 1.5 992 $2,100 $2.12 45d 1 0.17mi
1100 Wilson Rd Unit 7 Norfolk, VA 3.0 1.5 900 $1,550 $1.72 9d 1 0.23mi
1100 Wilson Rd Norfolk, VA 3.0 1.0 900 $1,550 $1.72 5d 1 0.23mi
900 Partridge Ave Chesapeake, VA 3.0 1.5 1000 $1,900 $1.90 6d 1 0.54mi
903 Sherman Ln Norfolk, VA 3.0 1.0 1031 $1,850 $1.79 45d 1 0.65mi
909 E Liberty St Norfolk, VA 3.0 1.0 1030 $1,495 $1.45 45d 1 0.67mi
1009 Middlesex St Norfolk, VA 2.0 2.0 844 $1,189 $1.41 25d 3 0.77mi
711 Grayson St Unit 712-04 Norfolk, VA 2.0 1.0 860 $1,200 $1.40 14d 1 0.78mi
1201 Transylvania Ave Chesapeake, VA 2.0 1.0 750 $1,350 $1.80 25d 1 0.80mi
701 S Main St Norfolk, VA 3.0 2.0 1076 $1,349 $1.25 3d 2 1.00mi
1321 Chesapeake Ave Unit B Chesapeake, VA 3.0 1.0 1000 $1,695 $1.70 25d 1 1.01mi
1415 Commerce Ave Apt 1 Chesapeake, VA 2.0 1.0 800 $1,450 $1.81 9d 1 1.06mi
1411 Seaboard Ave Unit A UP Chesapeake, VA 1.0 1.0 700 $925 $1.32 3d 1 1.07mi
405 Clifton St Unit A Norfolk, VA 2.0 2.0 787 $1,245 $1.58 19d 1 1.08mi
405 Clifton St Unit A Norfolk, VA 2.0 1.0 700 $1,245 $1.78 25d 1 1.08mi
1151 Perry St Chesapeake, VA 3.0 1.0 1296 $2,000 $1.54 19d 1 1.12mi
720 Forbes St Norfolk, VA 3.0 2.0 1056 $2,195 $2.08 16d 1 1.18mi
720 Forbes St Norfolk, VA 3.0 2.0 1056 $2,250 $2.13 45d 1 1.18mi
1333 Perry St Chesapeake, VA 2.0 1.0 1048 $1,525 $1.46 25d 1 1.27mi
1333 Perry St Chesapeake, VA 2.0 1.0 1048 $1,495 $1.43 16d 1 1.27mi
2638 King Ct Chesapeake, VA 3.0 1.5 1462 $2,000 $1.37 22d 1 1.35mi
2620 Sunrise Ave Chesapeake, VA 3.0 1.5 1462 $1,850 $1.27 25d 1 1.38mi

Listing history 32 events

  1. 2026-06-21
    days on market $195,000 Active 113 DOM
  2. 2026-06-18
    days on market $195,000 Active 110 DOM
  3. 2026-06-17
    days on market $195,000 Active 109 DOM
  4. 2026-06-16
    days on market $195,000 Active 108 DOM
  5. 2026-06-15
    days on market $195,000 Active 107 DOM
  6. 2026-06-13
    days on market $195,000 Active 105 DOM
  7. 2026-06-09
    days on market $195,000 Active 101 DOM
  8. 2026-06-08
    days on market $195,000 Active 100 DOM
  9. 2026-06-07
    days on market $195,000 Active 99 DOM
  10. 2026-06-03
    days on market $195,000 Active 95 DOM
  11. 2026-06-02
    days on market $195,000 Active 94 DOM
  12. 2026-06-01
    days on market $195,000 Active 93 DOM
  13. 2026-05-31
    days on market $195,000 Active 92 DOM
  14. 2026-05-02
    price $195,000 728-char remark
    Show marketing remark (728 chars)

    Welcome home to this beautifully updated 3-bedroom, 2 bath gem in the heart of Norfolk! Featuring a bright open-concept layout, this home is great for both everyday living and entertaining. The updated kitchen boasts modern finishes and flows seamlessly into the main living space, creating a welcoming atmosphere. Both bathrooms have been tastefully renovated, offering comfort and style throughout. Step outside to enjoy the cozy backyard to relax in the evenings, weekend gatherings, or your morning coffee. Conveniently located near shopping, military bases, hospitals, and major interstates, this home offers the perfect blend of comfort and convenience. Don’t miss your opportunity to own this move-in-ready beauty!

  15. 2026-05-02
    status Active 728-char remark
    Show marketing remark (728 chars)

    Welcome home to this beautifully updated 3-bedroom, 2 bath gem in the heart of Norfolk! Featuring a bright open-concept layout, this home is great for both everyday living and entertaining. The updated kitchen boasts modern finishes and flows seamlessly into the main living space, creating a welcoming atmosphere. Both bathrooms have been tastefully renovated, offering comfort and style throughout. Step outside to enjoy the cozy backyard to relax in the evenings, weekend gatherings, or your morning coffee. Conveniently located near shopping, military bases, hospitals, and major interstates, this home offers the perfect blend of comfort and convenience. Don’t miss your opportunity to own this move-in-ready beauty!

  16. 2026-04-03
    historical Active Under Contract 728-char remark
    Show marketing remark (728 chars)

    Welcome home to this beautifully updated 3-bedroom, 2 bath gem in the heart of Norfolk! Featuring a bright open-concept layout, this home is great for both everyday living and entertaining. The updated kitchen boasts modern finishes and flows seamlessly into the main living space, creating a welcoming atmosphere. Both bathrooms have been tastefully renovated, offering comfort and style throughout. Step outside to enjoy the cozy backyard to relax in the evenings, weekend gatherings, or your morning coffee. Conveniently located near shopping, military bases, hospitals, and major interstates, this home offers the perfect blend of comfort and convenience. Don’t miss your opportunity to own this move-in-ready beauty!

  17. 2026-03-26
    status Active 728-char remark
    Show marketing remark (728 chars)

    Welcome home to this beautifully updated 3-bedroom, 2 bath gem in the heart of Norfolk! Featuring a bright open-concept layout, this home is great for both everyday living and entertaining. The updated kitchen boasts modern finishes and flows seamlessly into the main living space, creating a welcoming atmosphere. Both bathrooms have been tastefully renovated, offering comfort and style throughout. Step outside to enjoy the cozy backyard to relax in the evenings, weekend gatherings, or your morning coffee. Conveniently located near shopping, military bases, hospitals, and major interstates, this home offers the perfect blend of comfort and convenience. Don’t miss your opportunity to own this move-in-ready beauty!

  18. 2026-03-26
    price $149,000 728-char remark
    Show marketing remark (728 chars)

    Welcome home to this beautifully updated 3-bedroom, 2 bath gem in the heart of Norfolk! Featuring a bright open-concept layout, this home is great for both everyday living and entertaining. The updated kitchen boasts modern finishes and flows seamlessly into the main living space, creating a welcoming atmosphere. Both bathrooms have been tastefully renovated, offering comfort and style throughout. Step outside to enjoy the cozy backyard to relax in the evenings, weekend gatherings, or your morning coffee. Conveniently located near shopping, military bases, hospitals, and major interstates, this home offers the perfect blend of comfort and convenience. Don’t miss your opportunity to own this move-in-ready beauty!

  19. 2026-03-25
    status Active Under Contract 728-char remark
    Show marketing remark (728 chars)

    Welcome home to this beautifully updated 3-bedroom, 2 bath gem in the heart of Norfolk! Featuring a bright open-concept layout, this home is great for both everyday living and entertaining. The updated kitchen boasts modern finishes and flows seamlessly into the main living space, creating a welcoming atmosphere. Both bathrooms have been tastefully renovated, offering comfort and style throughout. Step outside to enjoy the cozy backyard to relax in the evenings, weekend gatherings, or your morning coffee. Conveniently located near shopping, military bases, hospitals, and major interstates, this home offers the perfect blend of comfort and convenience. Don’t miss your opportunity to own this move-in-ready beauty!

  20. 2026-03-16
    historical 728-char remark
    Show marketing remark (728 chars)

    Welcome home to this beautifully updated 3-bedroom, 2 bath gem in the heart of Norfolk! Featuring a bright open-concept layout, this home is great for both everyday living and entertaining. The updated kitchen boasts modern finishes and flows seamlessly into the main living space, creating a welcoming atmosphere. Both bathrooms have been tastefully renovated, offering comfort and style throughout. Step outside to enjoy the cozy backyard to relax in the evenings, weekend gatherings, or your morning coffee. Conveniently located near shopping, military bases, hospitals, and major interstates, this home offers the perfect blend of comfort and convenience. Don’t miss your opportunity to own this move-in-ready beauty!

  21. 2026-03-09
    status Active 728-char remark
    Show marketing remark (728 chars)

    Welcome home to this beautifully updated 3-bedroom, 2 bath gem in the heart of Norfolk! Featuring a bright open-concept layout, this home is great for both everyday living and entertaining. The updated kitchen boasts modern finishes and flows seamlessly into the main living space, creating a welcoming atmosphere. Both bathrooms have been tastefully renovated, offering comfort and style throughout. Step outside to enjoy the cozy backyard to relax in the evenings, weekend gatherings, or your morning coffee. Conveniently located near shopping, military bases, hospitals, and major interstates, this home offers the perfect blend of comfort and convenience. Don’t miss your opportunity to own this move-in-ready beauty!

  22. 2026-03-03
    historical Active Under Contract 728-char remark
    Show marketing remark (728 chars)

    Welcome home to this beautifully updated 3-bedroom, 2 bath gem in the heart of Norfolk! Featuring a bright open-concept layout, this home is great for both everyday living and entertaining. The updated kitchen boasts modern finishes and flows seamlessly into the main living space, creating a welcoming atmosphere. Both bathrooms have been tastefully renovated, offering comfort and style throughout. Step outside to enjoy the cozy backyard to relax in the evenings, weekend gatherings, or your morning coffee. Conveniently located near shopping, military bases, hospitals, and major interstates, this home offers the perfect blend of comfort and convenience. Don’t miss your opportunity to own this move-in-ready beauty!

  23. 2026-02-19
    listed $245,000 Active 728-char remark
    Show marketing remark (728 chars)

    Welcome home to this beautifully updated 3-bedroom, 2 bath gem in the heart of Norfolk! Featuring a bright open-concept layout, this home is great for both everyday living and entertaining. The updated kitchen boasts modern finishes and flows seamlessly into the main living space, creating a welcoming atmosphere. Both bathrooms have been tastefully renovated, offering comfort and style throughout. Step outside to enjoy the cozy backyard to relax in the evenings, weekend gatherings, or your morning coffee. Conveniently located near shopping, military bases, hospitals, and major interstates, this home offers the perfect blend of comfort and convenience. Don’t miss your opportunity to own this move-in-ready beauty!

  24. 2023-01-27
    soldstatus $219,900
  25. 2023-01-07
    status Under Contract
  26. 2023-01-02
    historical Active Under Contract
  27. 2022-12-15
    price $219,900
  28. 2022-12-02
    price $229,900
  29. 2022-11-27
    listed $240,000 Active
  30. 2022-04-26
    soldstatus $87,000
  31. 2022-04-04
    status Under Contract
  32. 2022-03-28
    listed $80,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast VA · Resets to sale price

Current annual tax
$1,744 · $145/mo
Projected year-2 tax
$1,744 · $145/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 21% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥106°F today · 16 d/yr by 30 yrs out
  • 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
  • 🫁 Air quality 5/10 Major 6 unhealthy d/yr today · 7 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$17,442
− Mortgage interest
−$10,923
− Property taxes
−$1,744
− Insurance
−$975
− Repairs & maintenance
−$1,395
− Management
−$1,395
− Depreciation
−$5,673
Taxable loss
−$4,664
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,119
After-tax cash flow
$-92/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Norfolk City Public School District
NCES district ID
5102670
Math proficiency
27% ▼ -44.00%
Reading proficiency
56% ▼ -10.00%
Median HH income
$44,358
Composite
35.08/100
National rank
#5026
State rank
#118 of 131 in VA

Livability — Norfolk

Score
83/100
State rank
#43
US rank
#1026

Category grades

Amenities A+ Commute A+ Cost of living B+ Crime F Employment C- Housing A Health & safety A+ User ratings D

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Norfolk, VA
City population
214,042
Population (ZIP)
7,698

Population outlook (Norfolk County) Hauer SSP2

Today (2025)
249,032 people
By 2030
252,347 · +1.3%
By 2040
253,644 · +1.9%
By 2050
251,913 · +1.2%
By 2075
245,281 · -1.5%
By 2100
219,548 · -11.8%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly Black (87%)
Race & ethnicity
Black 87% White 7% Two or more races 5% Hispanic / Latino 2%
Common ancestry
Romanian 1%
Foreign-born
2% · Canada
Languages at home
94% English-only · Spanish 3% Other Indo-European 1%

Political lean MEDSL · Norfolk

2024 margin
Solid D (+41.5) · D 70.0% · R 28.5% · Other 1.6%
2008→2024 swing
-1.4pp toward R · 2008: 43.0pp · 2024: 41.5pp
All cycles
2024: D+41.5 2020: D+45.6 2016: D+42.0 2012: D+44.0 2008: D+43.0

Not yet ingested

Civics

Market trends

HPI YoY
▼ -53.73%
Current HPI
269.0309
Rent YoY
Metro
State GDP YoY
▲ 2.40%
F500 in state
50

Industry mix (Fortune 500 HQ in VA)

Industry F500 HQs Revenue

Price history

+143.8% since first listed
19 events — show timeline
  • 2026-05-02 Price Changed $195,000 REINMLS
  • 2026-05-02 Relisted REINMLS
  • 2026-04-03 Contingent REINMLS
  • 2026-03-26 Relisted REINMLS
  • 2026-03-26 Price Changed $149,000 REINMLS
  • 2026-03-25 Relisted REINMLS
  • 2026-03-16 Listing Removed REINMLS
  • 2026-03-09 Relisted REINMLS
  • 2026-03-03 Contingent REINMLS
  • 2026-02-19 Listed $245,000 REINMLS
  • 2023-01-27 Sold (Public Records) $219,900 Public Records
  • 2023-01-07 Pending REINMLS
  • 2023-01-02 Contingent REINMLS
  • 2022-12-15 Price Changed $219,900 REINMLS
  • 2022-12-02 Price Changed $229,900 REINMLS
  • 2022-11-27 Listed $240,000 REINMLS
  • 2022-04-26 Sold (Public Records) $87,000 Public Records
  • 2022-04-04 Pending REINMLS
  • 2022-03-28 Listed $80,000 REINMLS

Property tax history

+3.8%/yr

Latest (2025): $1,744 · +6.5% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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