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The median home value in Norfolk, NE is $264,740 as of 2026-07-31, up 4.49% from a year earlier.
Median Home Value
$264,740
Year-over-Year
+4.49%
Population
26,234
Norfolk ranks #13 of 28 Nebraska cities tracked here by median home value, and sits 2.3% above the state's city median of $258,842. It sits in Madison County, where the county-wide median is $260,711.
Median household income in Norfolk is $58,884, so the typical home value is about 4.5× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.
Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).
Norfolk police recorded a violent crime rate of 202 per 100,000 residents in 2024 — around the middle of the range for reporting cities. Property crime runs at 1,144 per 100,000.
Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).
People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Norfolk, that value is $264,740. That's up 4.49% from a year earlier. It is about 2.3% above the typical Nebraska city tracked here.
Homes in Norfolk are more expensive than Madison County as a whole, where the median is $260,711 — a difference of about 1.5%.
Median household income here is $58,884, so the typical home value is about 4.5× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.
Norfolk police reported 202 violent crimes per 100,000 residents, covering a population of about 26,234. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.