Market Snapshot
Algonquin, Norfolk City, VA is a neighborhood market with a median home price of $903,211, a median monthly rent of $1,764, a GRM of 43.0x, and a price-to-rent ratio of 42.7.
Algonquin, Norfolk City, VA
Median Home Price Price
$903,211 $903.2K
Median Monthly Rent Rent
$1,764 $1.8K
43.0x
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Comparable Markets
Use related neighborhood markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.
Within Norfolk City
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Within VA
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Price
$212.9K
Rent
$1.7K
GRM
10.0x
High confidence
High confidence
High confidence
High confidence
High confidence
Price
$212.9K
Rent
$1.7K
GRM
10.0x
High confidence
High confidence
Explore the data
No similar markets found for this scope.
These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.
Home prices
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Monthly rent
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GRM = home price / annual rent
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No similar markets found for this scope.
These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.
Home prices
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Monthly rent
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GRM = home price / annual rent
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Region
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These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.
Home prices
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Monthly rent
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GRM = home price / annual rent
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Similar markets map
Algonquin
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Benchmark comparison
Compare Algonquin, VA to another market.
Compare to
Flower Park, CA
Algonquin, VA
Flower Park, CA
Delta
Median rent
$1,764
N/A
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Median price
$903,211
N/A
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YoY change
+$163
N/A
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Price-to-rent
42.7x
Data unavailable
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Key takeaways
- Algonquin, Norfolk City, VA has a higher-grm screening profile: At 43.0x GRM, current rent may provide less support for the purchase price.
- Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
- Rent momentum is positive, with median rent up about $163 year over year.
- Next discovery step: compare Flower Park, Orange County, CA from the Outside state set.