MarketsNorfolk, NE

Are home prices going up or down in Norfolk, NE?

In Norfolk, NE, the typical home sold for $223,000 during May 2026. That is 8% lower than the same stretch a year ago, so prices are down.

$223,000
Typical sale price
▼ 8% vs last year
$249,700
Three years ago
$128
Per square foot
$269,900
Typical asking price

Over the last 36 months the typical sale price in Norfolk, NE went from $249,700 to $223,000 — down 11%.

The high point was $281,700, reached in November 2025. Today's typical sale is 21% below that.

Measured by size, homes in Norfolk, NE are selling for about $128 per square foot. Price per square foot is the fairer comparison when the mix of what sells shifts from month to month — a run of big houses can push the typical price up without anything actually getting more expensive.

Source: Redfin's published market data for the Norfolk, NE area, through May 2026.

2023-06 2026-05
Typical sale price, month by month.

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Figures come from Redfin's published market data for the Norfolk, NE area, through May 2026. Neighborhood Numbers is an independent data publisher and is not affiliated with Redfin. We update these pages when Redfin publishes, once a month.