Photo: Latteinthemidwest20 · CC BY-SA 4.0301 homes sold in Norfolk in the last year, at a typical $274K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Norfolk homes are listed.
Every place Norfolk homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Norfolk.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 99% of Norfolk’s sales, at a typical $273K
301 homes sold in the year to May 2026.
typical sale · 298 sold in 12 months
- Per square foot
- $137NE $158
- Days to sell
- 38
- Sold over asking
- 27%
- Listings with a price cut
- 33%
Multi-family (2–4 units): 2 sold, typical $677K
Townhouses: 1 sold, typical $270K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at twice the 2016 price
301 sales in the last year, against 383 in 2021 and a low of 274 in 2023. The typical sale went from $143K in 2016 to $274K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $250K buys in Norfolk
Check a listing against what Norfolk homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Norfolk are more common than before the pandemic, but 18% fewer homes come up for sale
We read every month of Norfolk’s home sales since 2016 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 301 sales.
If you’re buying in Norfolk
- Shop in March. It brings about 33 new listings a month, close to the busiest month, with fewer bidding wars (21% over asking).
- Offer under asking. Buyers paid 97.4% of the list price on average; 27% paid over.
- You’ll usually have time. Only 28% of homes go under contract within two weeks; the typical one takes 38 days.
Spring brings both the most homes and the most bidding wars
April has the most new listings (about 36 a month), but May is the most competitive: 28% of May sales close over asking. December has the least competition (11%) but only about 14 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and calmer than Nebraska
| Norfolk now | 2017–19 | 2021 peak | NE now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 27% | 17% | 29% | 46% |
| Gone within two weeksShare of homes under contract within 14 days | 28% | 1% | 2% | 36% |
| Listings with a price cutShare of homes for sale that cut their price | 33% | — | — | 25% |
| Price paid vs. askingAverage sale price ÷ list price | 97.4% | 96.5% | 98.4% | 99.8% |
| Days to sellMedian days from listing to contract | 38 | 69 | 67 | 32 |
69 homes for sale on a typical day
That’s 1.4 times the 2023 low (49), 18% fewer than in 2017–19 and well under 2020’s 103.
1 in 3 listings has cut its price
33% in the last year, against — in 2017–19 and 25% across Nebraska.
Norfolk ranks 24th of 26 busy Nebraska markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Norfolk is one of the state’s calmer markets.
Source: Redfin Data Center, city market tracker, January 2016 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Norfolk home costs about $1,752 a month
Price: Norfolk’s typical sale, last 12 months. Property tax at Norfolk’s 1.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Norfolk is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in April
The month with the most choice. December has the fewest, about 14.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $274K home, about $3,870 a year.
Taxes vs. neighborsSchools
The schools grade for Norfolk, from test results, graduation and how much students grow.
Schools in NorfolkCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Post your home to Norfolk, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Norfolk. People who follow the town see it, and so do people comparing Norfolk with their own town. No commission, no listing fee.
Questions about buying a home in Norfolk
What do homes sell for in Norfolk, NE?
301 homes sold in the year to May 2026 at a typical $274K, $137 a square foot.
Is Norfolk a buyer’s or seller’s market?
A seller’s market: 68 homes were for sale in May 2026 and 32 sold, about 2.1 months of supply. Buyers paid 97.4% of asking on average, and 33% of listings cut their price.
When is the best time to buy in Norfolk?
April brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Norfolk?
About 1.4% of a home’s value a year. On a $274K home that’s near $3,870.
Where can I see homes for sale in Norfolk?
Zillow, Redfin, Realtor.com and Homes.com all carry Norfolk’s MLS listings; the search links above open each one filtered to Norfolk.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).