Market Summary

Wellesley, Newport News City, VA

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Median Home Price Price

$325,776 $325.8K

Median Monthly Rent Rent

$1,651 $1.7K

GRM

16.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Newport News City County

Region Price Rent GRM Display
$362,803 $1,635 18.0x
$306,369 $1,658 15.0x

Home prices

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Monthly rent

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GRM

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Similar markets within VA outside of Newport News City County

Region Price Rent GRM Display
$313,575 $1,633 16.0x
$331,233 $1,788 15.0x
$415,044 $1,676 21.0x
$321,868 $1,797 15.0x

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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
$294,185 $1,385 18.0x
$216,429 $1,284 14.0x
$200,845 $1,484 11.0x
$241,045 $1,205 17.0x
$428,595 $2,068 17.0x
$293,615 $1,653 15.0x
$332,060 $1,684 16.0x
$224,259 $1,345 14.0x
$221,991 $1,280 14.0x
$191,851 $1,267 13.0x
$326,539 $1,728 16.0x
$226,226 $1,200 16.0x
$194,252 $1,504 11.0x
$721,686 $1,662 36.0x
$251,794 $1,305 16.0x

Home prices

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Monthly rent

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GRM

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Wellesley

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Trend Insights

Median Rent in Wellesley, VA is $1,651, with MoM change +$14 and YoY change +$99 pointing to positive momentum while volatility is low (std $23).

Benchmark Markets Side by Side

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

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Metric
Base market Wellesley, VA
Compare market Select a market
Delta vs base
Median rent
$1,651
N/A
Median price
$325,776
N/A
YoY change
+$99
N/A
Price-to-rent
16.4x
Data unavailable
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