Beacon Light, Norfolk City, VA Housing Trends, Rent, Price-to-Rent

Market Summary

Beacon Light, Norfolk City, VA

Median Home Price Price

$237,679 $237.7K

Median Monthly Rent Rent

$1,276 $1.3K

GRM

16.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Beacon Light, VA is $1,276, with MoM change +$6 and YoY change +$66 pointing to positive momentum while volatility is low (std $17).

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Metric

Base market Beacon Light, VA

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Delta vs base

Median rent

$1,276

N/A

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Median price

$237,679

N/A

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YoY change

+$66

N/A

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Price-to-rent

15.5x

Data unavailable

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