Broad Creek, Norfolk City, VA Housing Trends, Rent, Price-to-Rent

Market Summary

Broad Creek, Norfolk City, VA

Median Home Price Price

$269,452 $269.5K

Median Monthly Rent Rent

$1,191 $1.2K

GRM

19.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Broad Creek, VA is $1,191, with MoM change +$11 and YoY change +$85 pointing to positive momentum while volatility is low (std $21).

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Metric

Base market Broad Creek, VA

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Delta vs base

Median rent

$1,191

N/A

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Median price

$269,452

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YoY change

+$85

N/A

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Price-to-rent

18.9x

Data unavailable

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