Market Summary

Azalea Acres, Norfolk City, VA

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Median Home Price Price

$301,812 $301.8K

Median Monthly Rent Rent

$1,656 $1.7K

GRM

15.0x

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
$292,904 $1,759 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
$321,868 $1,797 15.0x
$285,384 $1,634 15.0x
$295,748 $1,648 15.0x
$231,852 $1,541 13.0x

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
$290,980 $1,653 15.0x
$224,259 $1,345 14.0x
$340,016 $2,011 14.0x
$334,847 $2,118 13.0x
$294,185 $1,385 18.0x
$251,236 $1,506 14.0x
$251,794 $1,305 16.0x
$271,228 $1,636 14.0x
$245,049 $1,295 16.0x
$334,744 $1,777 16.0x
$914,566 $1,680 45.0x
$218,170 $1,331 14.0x
$234,067 $1,553 13.0x
$332,060 $1,684 16.0x
$519,009 $1,862 23.0x
$360,746 $1,698 18.0x
$428,595 $2,068 17.0x
$341,170 $2,104 14.0x
$524,681 $1,773 25.0x
$196,373 $1,238 13.0x
$354,976 $1,901 16.0x

Home prices

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Monthly rent

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GRM

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Azalea Acres

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Trend Insights

Median Rent in Azalea Acres, VA is $1,656, with MoM change +$13 and YoY change +$87 pointing to positive momentum while volatility is low (std $19).

Benchmark Markets Side by Side

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Metric
Base market Azalea Acres, VA
Compare market Select a market
Delta vs base
Median rent
$1,656
N/A
Median price
$301,812
N/A
YoY change
+$87
N/A
Price-to-rent
15.2x
Data unavailable
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