Norfolk City, Virginia has a 2026 one-unit conforming loan limit of $832,750, which is 2.9 times the county's median home value of $289,900, so a typical home there can be financed with a conforming (non-jumbo) loan; median household income is $66,109 (FHFA; Census ACS 2020–2024).
Data as of 2026. Source: FHFA 2026 conforming loan limits; U.S. Census Bureau ACS 2020–2024
| Item | Value |
|---|---|
| 1-unit limit (2026) | $832,750 |
| 2-unit limit | $1,066,250 |
| 3-unit limit | $1,288,800 |
| 4-unit limit | $1,601,750 |
| Median home value (ACS 2020–24) | $289,900 |
| Virginia median home value | $383,700 |
| Limit ÷ median home value | 2.87× |
| Median household income | $66,109 |
| Median home value ÷ income | 4.4× |
| Population | 233,596 |
| Median property tax paid (owners) | $2,890 |
| Effective property tax rate (approx.) | 1.00% |
| Owner-occupied homes | 46.3% |
| Home value rank in Virginia | 59 of 133 counties |
| Neighbor: Northampton County, VA | limit $832,750; median home $316,200 |
| Neighbor: Chesapeake City, VA | limit $832,750; median home $378,400 |
| Neighbor: Hampton City, VA | limit $832,750; median home $245,700 |
| Neighbor: Portsmouth City, VA | limit $832,750; median home $246,900 |
| Neighbor: Virginia Beach City, VA | limit $832,750; median home $382,500 |
Across Virginia's 133 counties, FHFA's 2026 one-unit limits range from $832,750 to $1,249,125, with 18 high-cost counties. Norfolk City's median home value is 24% below the state median of $383,700 (rank 59 of 133). Among its 5 neighboring counties, Virginia Beach City has the highest median home value ($382,500) and Hampton City the lowest ($245,700); all share the same loan limit. Owners pay a median $2,890 a year in property tax, an effective rate of about 1.00% of home value.
County data: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (tables B25077, B19013, B01003, B25103, B25003). Neighbors: Census county adjacency file.
Related
- 2026 conforming loan limit: Nodaway County, MO
- 2026 conforming loan limit: Nolan County, TX
- 2026 conforming loan limit: Nome Census Area, AK
- 2026 conforming loan limit: Norfolk County, MA
- 2026 conforming loan limit: Norman County, MN
- 2026 conforming loan limits in North Carolina by county
- 2026 conforming loan limits in North Dakota by county
- 2026 conforming loan limit: North Slope Borough, AK
Last updated 2026-10-16. Data only, not financial or tax advice.