How much does it cost to buy a house in Park Place Norfolk, VA?

In July 2026 Park Place homes were listed to buy for a median price of $307K, The median value of a home listed to buy in Park Place in July 2026 was $185 per sqft,

Is it affordable or expensive to live in Park Place Norfolk, VA?

It is affordable to live in Park Place. Buying a home in Park Place is 1% less expensive compared with the national average.

Is the Park Place Norfolk, VA housing market slowing down?

The housing market in Park Place is slowing down. In July 2026, homes to buy in Park Place spent an median 37 days on the market, a 11% decrease from July 2025 last year.

What are the best and safest places to live in Park Place Norfolk, VA?

The best and safest neighborhoods to live in Park Place in July 2026 are Algonquin, East Ocean View, Sandbridge, Sajo Farm, Courthouse Estates, Freemason Street Area, Ghent Square, Culpepper Landing, Port Warwick, West Ghent, Downtown Norfolk, Ridgely Manor, Ghent, Olde Towne, River Breeze Condominiums, Wards Corner, River Pointe, Kiln Creek, Buckroe Beach, Cavalier Manor

How much money should I make to buy a house in Park Place Norfolk, VA?

In July 2026, Park Place homes were listed to buy for a median price of $307K, with 25% down you would need $1.68K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $57.7K.