Median price for residential apartments in Colonial Place, Norfolk, VA as of Nov, 2022.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
1 Colonial Place, Norfolk, VA 23508, USA apartments for sale
Housing Trends
How much does an apartment cost in Colonial Place, Norfolk, VA 23508, USA
Average apartment sale in Colonial Place: $390,602 (-2.2%)
| Apartment Size | Nov | vs Last Month |
|---|---|---|
| 2-bed apartments | $170,000 | -41.4% |
| 3-bed apartments | $248,123 | -18.5% |
| 4+ bed apartments | $467,374 | -5.9% |
During Nov 2022, the average price for an apartment in/near Colonial Place, Norfolk, VA decreased by 2.2% to $390,602.
Asking price for 2-bed apartment also decreased by 41.4% and a place of this size will now cost you $170,000. A 3-bed apartment goes for $248,123, it decreased by 18.5% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 5.9% and made it down to $467,374.
| Listing Type | Nov | vs Last Month |
|---|---|---|
| Houses for sale | $396,117 | -0.8% |
| Condos for sale | $170,000 | N/A |
Price reports demonstrate that house price decreased by 0.8% this month making it up to $396,117. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $170,000.