Chesapeake Gardens, Norfolk City, VA Housing Trends, Rent, Price-to-Rent

Market Summary

Chesapeake Gardens, Norfolk City, VA

Median Home Price Price

$250,745 $250.7K

Median Monthly Rent Rent

$1,602 $1.6K

GRM

13.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Chesapeake Gardens, VA is $1,602, with MoM change +$7 and YoY change +$35 pointing to positive momentum while volatility is low (std $7).

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Metric

Base market Chesapeake Gardens, VA

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Delta vs base

Median rent

$1,602

N/A

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Median price

$250,745

N/A

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YoY change

+$35

N/A

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Price-to-rent

13.0x

Data unavailable

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