Current Price

$119,069

1 Month Forecast

â–² $123,088

1-Year Forecast *

â–² $127,529

5-Year Forecast *

â–² $142,097

"Is it a good time to buy homes in Norfolk?" "Does investing in real estate in Norfolk (New York State, Saint Lawrence County) worth it?" According to our live Forecast System, buying a house in Norfolk is a acceptable short-term (1-year) investment*. The Norfolk average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Norfolk" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Norfolk in New York State, Saint Lawrence County. If you are looking for homes for sale with good flipping profit, Norfolk can be a profitable property investment option. The median price of an average house in Norfolk was 119,069 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Norfolk" area is 142,097 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +19.34% meaning that investing 100000 USD today may yield a profit of 19,340 USD by 2031.

Current Median Listing Price: 119,069 USD Median Listing Price Per Square Foot: 66 USD

Norfolk Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Norfolk (New York State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Norfolk Price Target

Norfolk median home price target in 12 months: $127,529* (upside of 7.1%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $124,337 $122,284 $122,139 $124,337
2024 $113,199 $119,069 $112,211 $119,069
2023 $107,399 $113,742 $105,840 $113,742
2022 $96,172 $108,362 $96,172 $109,377
2021 $87,065 $94,336 $87,065 $95,895
2020 $78,725 $85,705 $78,197 $85,705
2019 $72,695 $78,781 $72,695 $78,781
2018 $71,187 $72,730 $70,654 $72,915
2017 $72,471 $71,073 $71,073 $72,510
2016 $70,649 $72,182 $70,593 $72,182
2015 $67,241 $70,383 $66,542 $70,383
2014 $69,715 $67,589 $67,589 $69,801
2013 $66,850 $69,778 $66,850 $69,778
2012 $64,703 $66,707 $64,703 $66,707

Questions & Answers about the Norfolk Housing Market Forecast

How much does an average home cost in Norfolk today?

The value of an average home (the listing price) in Norfolk is $119,069 USD.

What is the average price per square foot in Norfolk?

According to Walletinvestor the median price per square foot in Norfolk is 66 USD.

Will the median listing price of homes in Norfolk grow / rise / go up?

Yes. The Norfolk home prices may rise from 119,069 USD to 127,529 USD in one year.

Is it profitable to invest in Norfolk homes?

Yes. The long-term profit potential is +7.11% in one year.

Will Norfolk house prices fall / drop?

No. See above.

What is the predicted price of a Norfolk home in 2030?

The predicted home sales price of a Norfolk home in 2030 in Norfolk is 140,926 USD.

What is the predicted price of a Norfolk home in 2035?

The predicted home sales price of a Norfolk home in 2035 in Norfolk is 163,854 USD.

Will real estate prices decrease in Norfolk?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Norfolk is the 10070. largest city in the United States, located in New York State.

During the last 12 months the real estate prices in Saint Lawrence, Norfolk decreased, looking at the past 12 months.

According to Walletinvestor's Norfolk real estate market research, home values will increase in the next 12 months.

Median home values decreased by 3.737% to 119,069 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 8.375% in 2021
  • 7.085% in 2022
  • 7.935% in 2023
  • 9.095% in 2024
  • 8.185% in 2025
  • 9.005% in 2026

Based on our Norfolk real estate market research and report the predicted sales prices will increase by 98.655% in the next 10 years.

Over the last 12 months, the value of homes in Norfolk fluctuated: increasing 1 times and decreasing 3 times.

Norfolk (New York) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Norfolk Housing Market Forecast with Real Estate Prices for 2025
August 2025 123088 112995 133181
September 2025 123898 112747 135048
October 2025 124712 113862 135562
November 2025 125533 116369 134697
December 2025 125371 117598 133144
Norfolk Housing Market Forecast with Real Estate Prices for 2026
January 2026 124845 116980 132710
February 2026 124321 114251 134391
March 2026 124376 115421 133331
April 2026 125045 115542 134549
May 2026 125868 113910 137825
June 2026 126696 115800 137591
July 2026 127529 119877 135181
August 2026 128368 120409 136326
September 2026 129212 119004 139420
October 2026 130062 122258 137865
November 2026 130917 122407 139427
December 2026 131778 124794 138762
Norfolk Housing Market Forecast with Real Estate Prices for 2027
January 2027 131881 122781 140981
February 2027 131442 120138 142746
March 2027 131234 121129 141339
April 2027 130683 121535 139831
May 2027 130134 121285 138983
June 2027 129588 120905 138270
July 2027 129043 121688 136399
August 2027 129171 122067 136276
September 2027 130021 117669 142373
October 2027 130876 121714 140037
November 2027 131737 118695 144778
December 2027 132603 125575 139631
Norfolk Housing Market Forecast with Real Estate Prices for 2028
January 2028 133475 123064 143886
February 2028 134353 124545 144161
March 2028 135236 123741 146731
April 2028 135526 123058 147995
May 2028 134957 127669 142245
June 2028 134390 126461 142319
July 2028 133965 123649 144280
August 2028 133985 125008 142962
September 2028 134632 123996 145268
October 2028 135518 122373 148663
November 2028 136409 128770 144048
December 2028 137306 127695 146918
Norfolk Housing Market Forecast with Real Estate Prices for 2029
January 2029 137899 125488 150310
February 2029 138806 130617 146996
March 2029 139685 126695 152676
April 2029 140604 128653 152555
May 2029 141529 129923 153134
June 2029 141521 134303 148738
July 2029 140926 128525 153328
August 2029 140335 129108 151561
September 2029 139878 126450 153306
October 2029 139542 131030 148054
November 2029 139707 130626 148788
December 2029 140626 131345 149907
Norfolk Housing Market Forecast with Real Estate Prices for 2030
January 2030 141551 127537 155564
February 2030 142482 129231 155733
March 2030 143419 131085 155753
April 2030 143235 133351 153118
May 2030 142633 133219 152047
June 2030 142034 131240 152829
July 2030 142097 130303 153891
August 2030 142862 133291 152434
September 2030 143802 136468 151136
October 2030 144748 131720 157775
November 2030 145700 137686 153713
December 2030 146658 135658 157657
Norfolk Housing Market Forecast with Real Estate Prices for 2031
January 2031 147622 133893 161351
February 2031 148593 134774 162412
March 2031 149570 139400 159741
April 2031 150554 138510 162598
May 2031 150672 143138 158206
June 2031 150170 137706 162634
July 2031 149933 137938 161927
August 2031 149303 140793 157813
September 2031 148676 140499 156853
October 2031 148052 139909 156194
November 2031 147430 140058 154801
December 2031 147576 135622 159529
Norfolk Housing Market Forecast with Real Estate Prices for 2032
January 2032 148546 140673 156419
February 2032 149523 140253 158794
March 2032 150507 141326 159688
April 2032 151496 143619 159374
May 2032 152493 143496 161490
June 2032 153496 144132 162859
July 2032 154505 146780 162230

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.