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Find the perfect real estate agent in Lake Terrace, Norfolk, VA

We analyze top real estate agents in Norfolk’s Lake Terrace neighborhood and across the country to find you the most proven local agents, for free.

Real estate in Norfolk’s Lake Terrace neighborhood.

Compare the top real estate agents in Lake Terrace

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.

The easiest way to find the best real estate agent.

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Lake Terrace real estate Market Report.

Information and statistics on the latest trends in the Lake Terrace real estate market, updated for August 2025. *

The typical home value in Lake Terrace is projected to be $362,000 for the month of July. June’s finalized data reported the typical value of a home in the neighborhood to be $359,000—up 4.97% 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.

Lake Terrace had 3 new listings and 3 listings that went under contract in June, decreasing the area’s total available inventory to 1—down 0.0% from the previous month. Inventory is projected to have further decreased in July.

The median listing price for homes in Lake Terrace grew 9.2% from May to June, bringing the current median listing price to $327,500. Based on projected data for July, listing prices may continue to grow.

The number of days that homes have been on the market prior to going under contract rose year-over-year. In June 2025, the median time for a listed property to go pending was 14 days, compared to 6 days in June 2024. In recent months the median number of days from listed to pending appears to be increasing. That trend is predicted to have carried through to this July.

Real estate in Norfolk’s Lake Terrace neighborhood.
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Market gauge is calculated based on the the number of active listings divided by home sales over the most recently available reporting period.

* Data provided by Redfin, a national real estate brokerage.

Learn more about what Lake Terrace has to offer.

Lake Terrace in Norfolk offers residents a vibrant community with beautiful parks, convenient amenities, and a welcoming atmosphere that fosters a true sense of belonging.

Lake Terrace is a neighborhood in Norfolk that welcomes residents with a blend of residential comfort and convenient amenities. Tucked along the serene coastline of Pretty Lake and within reach of the Chesapeake Bay, water lovers cherish lakeside walks and kayaking, while nearby Ocean View beckons for sun-filled days at the beach. The community atmosphere is apparent through quiet streets lined with mature trees and friendly neighbors catching up at local favorites like TASTE and Coaster Coffee.

Families are drawn to Lake Terrace for access to respected schools within Norfolk Public Schools, with Mary Calcott Elementary and Northside Middle just a short drive away. For higher education and cultural enrichment, Old Dominion University and the Hermitage Museum & Gardens offer events, art, and learning opportunities that enrich daily life. Outdoor enthusiasts appreciate the close proximity to Sarah Constant Beach Park and the tranquil Norfolk Botanical Garden for relaxation and recreation.

Lake Terrace’s location makes commuting to downtown Norfolk or exploring nearby Virginia Beach effortless, connecting you to bustling nightlife, shopping, and entertainment. Whether searching for your next home or preparing to sell, Agent Pronto can match you with an expert real estate agent to help you navigate Lake Terrace’s unique housing market with ease.

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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!

Sarah W.

Take the guesswork out of finding an agent.

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 Lake Terrace to qualify the best agents for your specific needs.

We know that choosing the right real estate agent can be a stressful task. With Agent Pronto, it doesn’t have to be.

Data analysis with a human touch.

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.

Our Agent Specialists will take into account any special requests you have when searching for your real estate agent recommendation.

Need a great agent who speaks fluent Spanish and is a luxury condo expert in your neighborhood? No problem!


Frequently Asked Questions

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.