Market Summary

East Fairmount, Norfolk City, VA

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Median Home Price Price

$219,567 $219.6K

Median Monthly Rent Rent

$1,596 $1.6K

GRM

11.0x

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
$261,973 $1,552 14.0x
$291,194 $1,657 15.0x
$278,546 $2,105 11.0x
$264,455 $1,514 15.0x
$335,772 $1,697 16.0x
$259,328 $1,656 13.0x
$255,374 $1,525 14.0x
$263,395 $1,516 14.0x
$249,589 $1,429 14.0x
$284,009 $1,695 14.0x
$292,904 $1,759 14.0x
$236,390 $1,524 13.0x
$275,185 $1,518 15.0x
$284,581 $1,755 13.0x

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
$381,007 $1,684 19.0x
$191,446 $1,274 13.0x
$250,320 $1,693 12.0x
$275,117 $1,631 14.0x
$180,995 $1,280 12.0x

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
$292,349 $1,818 13.0x
$453,274 $1,848 20.0x
$661,920 $1,756 31.0x
$274,850 $1,585 14.0x
$170,677 $1,252 11.0x
$206,133 $1,287 13.0x
$542,760 $1,850 24.0x
$190,689 $1,239 13.0x
$166,643 $1,246 11.0x
$201,889 $1,493 11.0x
$340,642 $1,577 18.0x
$173,760 $1,191 12.0x

Home prices

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Monthly rent

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GRM

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East Fairmount

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Trend Insights

Median Rent in East Fairmount, VA is $1,596, with MoM change +$9 and YoY change +$37 pointing to positive momentum while volatility is low (std $8).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against East Fairmount, VA.

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Metric
Base market East Fairmount, VA
Compare market Select a market
Delta vs base
Median rent
$1,596
N/A
Median price
$219,567
N/A
YoY change
+$37
N/A
Price-to-rent
11.5x
Data unavailable
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