Market Overview
Home Prices in Norfolk, MA
The median home value in Norfolk, MA is $828,842 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.4% compared to a year ago and up 2.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Norfolk are priced102% above average. Norfolk is part of the Boston-Cambridge-Newton, MA-NH metro area.
Over the past five years, Norfolk home values have risen by approximately22.5%, reflecting strong long-term appreciation in this market.
Price History
Norfolk Home Price Trend
City Comparison
Norfolk vs. National Median
At $828,842, homes in Norfolk cost 102% above the national median of $410,000. Buyers in Norfolk should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Norfolk?
20% Down Payment
$165,768
on $828,842
Monthly P&I
$4,323/mo
30-yr @ 6.8%
Total Monthly Est.
~$5,490/mo
incl. taxes & insurance
Income Needed
$219,600
gross annual (30% rule)
10% Down Option
$82,884
+ PMI applies
Loan Amount (20% dn)
$663,074
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Norfolk, MA?
The median home value in Norfolk is $828,842 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.4% year-over-year.
How much have home prices changed in Norfolk?
Over the past year, home values in Norfolk have increased by 1.4%. Over five years, prices have risen approximately 22.5%.
How much do I need to earn to buy a home in Norfolk?
To comfortably afford the median home price of $828,842 with a 20% down payment ($165,768) at today's rates (6.8%), you'd need a gross annual income of approximately $219,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Norfolk compare to the national average home price?
The national median home value is approximately $410,000. At $828,842, homes in Norfolk are 102% above the national average.
What metro area is Norfolk part of?
Norfolk is part of the Boston-Cambridge-Newton, MA-NH metropolitan area. Home prices and market conditions can vary across the broader metro region.