Market Summary

Greenwood, Norfolk City, VA

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Median Home Price Price

$263,395 $263.4K

Median Monthly Rent Rent

$1,516 $1.5K

GRM

14.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Norfolk City County

Region Price Rent GRM Display
$261,973 $1,552 14.0x
$264,455 $1,514 15.0x
$275,185 $1,518 15.0x
$236,390 $1,524 13.0x
$291,194 $1,657 15.0x
$213,697 $1,431 12.0x
$284,581 $1,755 13.0x
$317,186 $1,722 15.0x
$248,570 $1,576 13.0x
$335,772 $1,697 16.0x
$280,429 $1,525 15.0x
$318,585 $1,611 16.0x
$219,567 $1,596 11.0x
$412,828 $1,604 21.0x
$255,374 $1,525 14.0x

Home prices

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Monthly rent

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GRM

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Similar markets within VA outside of Norfolk City County

Region Price Rent GRM Display
$250,320 $1,693 12.0x
$347,308 $1,684 17.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of VA

Region Price Rent GRM Display
$471,336 $1,623 24.0x
$374,685 $2,121 15.0x
$489,200 $1,768 23.0x
$310,265 $1,670 15.0x
$310,816 $1,851 14.0x
$292,206 $1,720 14.0x
$204,932 $1,267 13.0x
$133,973 $1,773 6.0x
$380,609 $1,656 19.0x
$292,349 $1,818 13.0x
$396,403 $1,633 20.0x

Home prices

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Monthly rent

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GRM

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Greenwood

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Trend Insights

Median Rent in Greenwood, VA is $1,516, with MoM change +$10 and YoY change +$37 pointing to positive momentum while volatility is low (std $9).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Greenwood, VA.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Greenwood, VA
Compare market Select a market
Delta vs base
Median rent
$1,516
N/A
Median price
$263,395
N/A
YoY change
+$37
N/A
Price-to-rent
14.5x
Data unavailable
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