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May 2025 · Norfolk
Norfolk Sold Home Prices for May 2025
35 residential properties closed in Norfolk in May 2025. Average sold price of $678,866. 80% of homes sold below asking — buyers have negotiating leverage.
Avg Sold Price $678,866
Median Price $575,000
Sale / List 97.7%
Over Asking 17.1%
Avg DOM 106 days
Total Sold
35
all residential
Avg Sold Price
$678,866
all types
Median Price
$575,000
mid-point
Sale / List
97.7%
avg ratio
Over Asking
17.1%
of all sales
Avg DOM
106
days on market
Prices by Property Type
Norfolk · May 2025
💰 Price Summary
Average Sold $678,866
Median Sold $575,000
Avg List Price $694,946
Lowest Sale $325,000
Highest Sale $1,400,000
Sale / List Ratio 97.7%
📊 Competition
Sold over asking 17.1%
Sold at asking 2.9%
Sold under asking 80.0%
Avg Days on Market 106 days
Fast · 050Slow · 100+
🧊 Buyers market — 80% sold below asking. Avg 106 days on market.
💰 Price Summary
Average Sold $402,000
Median Sold $402,000
Avg List Price $389,000
Lowest Sale $402,000
Highest Sale $402,000
Sale / List Ratio 103.3%
📊 Competition
Sold over asking 100.0%
Sold at asking 0.0%
Sold under asking 0.0%
Avg Days on Market 108 days
Fast · 050Slow · 100+
🔥 Sellers market — 100% sold above asking at a 103.34% sale-to-list ratio.
💰 Price Summary
Average Sold $687,009
Median Sold $575,000
Avg List Price $703,944
Lowest Sale $325,000
Highest Sale $1,400,000
Sale / List Ratio 97.6%
📊 Competition
Sold over asking 14.7%
Sold at asking 2.9%
Sold under asking 82.4%
Avg Days on Market 106 days
Fast · 050Slow · 100+
🧊 Buyers market — 82.4% sold below asking. Avg 106 days on market.
🏘
No townhouse data for May 2025
There weren't enough townhouse sales in
Norfolk this month to generate a summary.
🏘
No multi-unit data for May 2025
There weren't enough multi-unit sales in
Norfolk this month to generate a summary.
Nearby Cities · May 2025
Average sold price across all residential property types
| City | Avg Sold | Median | Sale / List | DOM | Conditions |
|---|---|---|---|---|---|
| Haldimand | $750,707 | $705,000 | 97.0% | 100d | 🧊 Buyers |
| Brantford | $679,099 | $637,500 | 98.8% | 76d | 🧊 Buyers |
| Tillsonburg | $595,430 | $589,900 | 97.1% | 119d | 🧊 Buyers |
Frequently Asked Questions
Norfolk · May 2025
The average sold price across all residential types in Norfolk was $678,866 in May 2025,
based on 35 closed transactions. The median was
$575,000.
Condos averaged $402,000, freehold averaged $687,009.
The average Norfolk home took 106 days to sell in May 2025.
Freehold properties averaged 106 days while condos averaged 108 days.
In May 2025, condos averaged $402,000 while freehold homes averaged $687,009 —
a gap of $285,009.
Norfolk averaged $678,866 in May 2025. Brantford averaged $679,099. Tillsonburg averaged $595,430. See the full May 2025 Ontario summary →
Looking to buy or sell in Norfolk?
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Data note: Based on MLS® resale transaction data held in our system for Norfolk, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making decisions.
