Market Summary

East Ocean View, Norfolk City, VA

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Median Home Price Price

$529,138 $529.1K

Median Monthly Rent Rent

$1,629 $1.6K

GRM

27.0x

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
$350,102 $1,517 19.0x
$387,132 $1,472 22.0x
$329,205 $1,511 18.0x
$484,805 $1,760 23.0x
$282,197 $1,544 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
$415,044 $1,676 21.0x
$462,075 $1,659 23.0x

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
$589,176 $2,188 22.0x
$341,170 $2,104 14.0x
$325,702 $1,739 16.0x
$332,060 $1,684 16.0x
$629,501 $2,028 26.0x
$362,518 $1,646 18.0x
$314,527 $1,628 16.0x
$544,509 $2,040 22.0x
$267,359 $1,570 14.0x
$352,873 $1,641 18.0x
$396,987 $1,273 26.0x
$314,432 $1,739 15.0x
$340,862 $1,670 17.0x
$450,744 $1,411 27.0x
$359,348 $1,601 19.0x
$334,847 $2,118 13.0x
$451,167 $1,694 22.0x
$354,976 $1,901 16.0x

Home prices

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Monthly rent

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GRM

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East Ocean View

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Trend Insights

Median Rent in East Ocean View, VA is $1,629, with MoM change +$11 and YoY change +$98 pointing to positive momentum while volatility is low (std $23).

Benchmark Markets Side by Side

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Metric
Base market East Ocean View, VA
Compare market Select a market
Delta vs base
Median rent
$1,629
N/A
Median price
$529,138
N/A
YoY change
+$98
N/A
Price-to-rent
27.1x
Data unavailable
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