23509 — Norfolk, VA Home Values
Typical home value $286,392 as of August 2026 · 83rd of 108 in Virginia Beach-Norfolk-Newport News, VA-NC
Blue: typical home value (Zillow ZHVI) in ZIP code 23509, August 2021 to August 2026. This page shows observed data only; no forecast.
How 23509 compares in the Virginia Beach-Norfolk-Newport News, VA-NC area
ZIP code 23509 (Norfolk, VA) has a typical home value of $286,392 as of August 2026, ranking 83rd of 108 ZIP codes tracked in the Virginia Beach-Norfolk-Newport News, VA-NC area, more expensive than about 24% of ZIP codes in the metro. Prices here have moved +2.5% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +21.8%, from $235,122 in August 2021 to $286,392 in August 2026. Against observed rent, the typical home here sells for 12.1× the annual rent ($1,966/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Virginia Beach-Norfolk-Newport News, VA-NC forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Virginia Beach.
Population and demographics
ZIP code 23509 has a population of 12,912, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 44.5% White, 42.2% Black or African American, 6.4% Hispanic or Latino, 4.2% two or more races, 1.6% Asian, 0.6% Native Hawaiian or Pacific Islander, 0.3% American Indian or Alaska Native, and 0.3% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Academy for Discovery at Lakewood | 1701 Alsace Ave, Norfolk, VA | 0.1 mi |
| Willard Elementary | 1511 Willow Wood Dr, Norfolk, VA | 0.4 mi |
| Lindenwood Elementary | 2700 Ludlow St, Norfolk, VA | 1 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 23509?
$286,392 as of August 2026, the latest month Zillow has published observed data for.
Is 23509 an expensive ZIP code in the Virginia Beach-Norfolk-Newport News, VA-NC area?
23509 ranks 83rd of 108 ZIP codes in the Virginia Beach-Norfolk-Newport News, VA-NC area by typical home value, more expensive than about 24% of ZIP codes in the metro.
How much have home values in 23509 changed over the past year?
+2.5% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 23509?
The typical home price is 12.1× the observed annual rent in this ZIP code ($1,966/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 23509?
12,912, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 23509?
Academy for Discovery at Lakewood (0.1 mi), Willard Elementary (0.4 mi), Lindenwood Elementary (1 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 23509?
No. Every number on this page is observed Zillow data as of August 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Virginia Beach-Norfolk-Newport News, VA-NC forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.