Market Summary

Belvedere, Norfolk City, VA

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Median Home Price Price

$428,732 $428.7K

Median Monthly Rent Rent

$1,600 $1.6K

GRM

22.0x

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
$355,365 $1,614 18.0x
$367,232 $1,628 19.0x
$348,143 $1,698 17.0x
$301,812 $1,656 15.0x
$481,801 $1,599 25.0x
$324,928 $1,371 20.0x

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
$322,291 $1,697 16.0x
$414,720 $1,553 22.0x

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
$425,045 $1,017 35.0x
$435,024 $1,620 22.0x
$228,098 $1,620 12.0x
$550,164 $2,189 21.0x
$363,377 $1,527 20.0x
$318,454 $1,286 21.0x
$520,731 $2,304 19.0x
$400,892 $1,641 20.0x
$385,500 $1,713 19.0x
$395,906 $1,617 20.0x
$334,744 $1,777 16.0x
$371,526 $1,629 19.0x
$318,054 $1,651 16.0x
$224,259 $1,345 14.0x
$404,960 $1,546 22.0x

Home prices

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Monthly rent

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GRM

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Belvedere

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Trend Insights

Median Rent in Belvedere, VA is $1,600, with MoM change +$9 and YoY change +$44 pointing to positive momentum while volatility is low (std $9).

Benchmark Markets Side by Side

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Metric
Base market Belvedere, VA
Compare market Select a market
Delta vs base
Median rent
$1,600
N/A
Median price
$428,732
N/A
YoY change
+$44
N/A
Price-to-rent
22.3x
Data unavailable
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