We analyze top real estate agents in Norfolk’s Colonial Place neighborhood and across the country to find you the best veteran and military-friendly local agents, for free.
Agent Pronto analyzes transaction data, specialties, client reviews, and more to find the best agent for you. Updated for August 2025. *
* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.
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Information and statistics on the latest trends in the Colonial Place real estate market, updated for August 2025. *
The typical home value in Colonial Place is projected to be $459,900 for the month of July. June’s finalized data reported the typical value of a home in the neighborhood to be $420,000—up 7.71% over the previous 12 months. For comparison, city-level data pegged home values at $332,000 in Norfolk for the most recent reporting period. That number is expected to float around $335,500 in July.
Colonial Place had 20 new listings and 16 listings that went under contract in June, decreasing the area’s total available inventory to 11—down 0.0% from the previous month. Inventory is projected to have further decreased in July.
The median listing price for homes in Colonial Place fell 0.0% from May to June, bringing the current median listing price to $422,500. Based on projected data for July, listing prices may continue to fall.
The number of days that homes have been on the market prior to going under contract fell year-over-year. In June 2025, the median time for a listed property to go pending was 32.5 days, compared to 38 days in June 2024. In recent months the median number of days from listed to pending appears to be decreasing. That trend is predicted to have carried through to this July.
Market gauge is calculated based on the the number of active listings divided by home sales over the most recently available reporting period.
Colonial Place offers residents a vibrant, welcoming community with beautiful waterfront views, diverse dining options, and convenient access to urban amenities.
Colonial Place rewards residents and new arrivals alike with tree-lined streets, broad sidewalks, and a waterside setting along the Lafayette River, all just north of downtown Norfolk. This neighborhood’s early twentieth-century homes sit within a pedestrian-friendly grid, inviting daily strolls past distinctive architecture and garden-filled lawns. Nature lovers and pet owners delight in the beautifully maintained Colonial Place Dog Park and the neighborhood’s riverfront stretches, including Mayflower Road, which offers opportunities for kayaking and stunning sunset views across the river.
Families benefit from proximity to a number of well-regarded schools, like Granby Elementary School and Blair Middle School, ensuring quality education options within easy reach. Just a short drive connects you to the vibrant shops and eateries of Ghent, while main corridors into downtown Norfolk open up everything from the Chrysler Museum of Art to the Nauticus maritime center.
Community spirit thrives thanks to an active Colonial Place/Riverview Civic League and annual events like the riverfront holiday light celebrations and spring yard sales. Nearby, the Hermitage Museum & Gardens draws art and history enthusiasts, while dog-walkers and cyclists can easily access neighboring Riverview for even more recreation and local flavor.
Whether you crave a walkable, welcoming atmosphere or appreciate connectedness to the heart of cultural Norfolk, Colonial Place offers comfort, character, and convenience. If you’re ready to buy or sell in this unique neighborhood, Agent Pronto can help you connect with the perfect local real estate professional.
Within a few minutes, I was paired up with an awesome agent who really knew the local area and helped me find a great condo in a super tight market. It was daunting to think about how to find the right agent. Agent Pronto got me the right agent, pronto!
With over 2 million real estate agents across the U.S., it’s not easy deciding who to trust when buying or selling a home.
We’ve analyzed performance metrics, close rates, specialties, and client reviews of the top real estate agents in Colonial Place to qualify the best agents for your specific needs.
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Agent Pronto works through troves of local and national housing data, client reviews, and agent performance metrics to find the top agents in Norfolk. But we don’t stop there.
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There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.
Choosing a real estate agent to help you buy or sell property is one of the most important decisions you’ll make in your lifetime. You want to make sure your agent is an expert in your area, has a proven record helping people buy and sell similar homes to yours, and is well regarded by their previous clients. Let us know a few details about the property you are selling or the kind of home you want to buy, and Agent Pronto will match you with trusted real estate agents that have the experience you need. And before you interview an agent, check out our top five questions to ask a buyer’s agent and listing agent.
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