Colonial Place, Norfolk City, VA Housing Trends, Rent, Price-to-Rent

Market Summary

Colonial Place, Norfolk City, VA

Median Home Price Price

$367,232 $367.2K

Median Monthly Rent Rent

$1,628 $1.6K

GRM

19.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Colonial Place, VA is $1,628, with MoM change +$7 and YoY change +$48 pointing to positive momentum while volatility is low (std $10).

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Metric

Base market Colonial Place, VA

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Delta vs base

Median rent

$1,628

N/A

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Median price

$367,232

N/A

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YoY change

+$48

N/A

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Price-to-rent

18.8x

Data unavailable

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