Market Summary

Cromwell Farms, Norfolk City, VA

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Median Home Price Price

$412,828 $412.8K

Median Monthly Rent Rent

$1,604 $1.6K

GRM

21.0x

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
$291,194 $1,657 15.0x
$348,143 $1,698 17.0x
$317,186 $1,722 15.0x
$335,772 $1,697 16.0x
$263,395 $1,516 14.0x
$261,973 $1,552 14.0x
$275,185 $1,518 15.0x
$280,429 $1,525 15.0x

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
$407,087 $1,695 20.0x
$347,308 $1,684 17.0x

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
$617,673 $2,099 25.0x
$395,906 $1,617 20.0x
$469,159 $1,736 23.0x
$473,067 $1,992 20.0x
$390,311 $1,663 19.0x
$375,530 $1,420 22.0x
$455,025 $1,994 19.0x
$524,898 $2,029 21.0x
$340,163 $1,760 16.0x
$491,268 $1,994 20.0x
$359,417 $1,720 17.0x
$214,127 $1,442 12.0x
$509,067 $2,262 19.0x

Home prices

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Monthly rent

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GRM

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Cromwell Farms

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Trend Insights

Median Rent in Cromwell Farms, VA is $1,604, with MoM change +$11 and YoY change +$37 pointing to positive momentum while volatility is low (std $8).

Benchmark Markets Side by Side

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Metric
Base market Cromwell Farms, VA
Compare market Select a market
Delta vs base
Median rent
$1,604
N/A
Median price
$412,828
N/A
YoY change
+$37
N/A
Price-to-rent
21.4x
Data unavailable
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