Market Summary

Edgewater, Norfolk City, VA

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Median Home Price Price

$484,805 $484.8K

Median Monthly Rent Rent

$1,760 $1.8K

GRM

23.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Norfolk City County

No similar markets found for this scope.

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
$313,575 $1,633 16.0x

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
$333,022 $1,659 17.0x
$335,795 $1,688 17.0x
$287,931 $1,570 15.0x
$232,758 $1,596 12.0x
$373,579 $1,669 19.0x
$216,794 $1,673 11.0x
$254,822 $1,288 16.0x
$340,862 $1,670 17.0x
$454,485 $1,672 23.0x
$280,696 $1,773 13.0x
$345,089 $1,313 22.0x
$301,272 $1,685 15.0x
$489,473 $1,781 23.0x
$332,060 $1,684 16.0x
$282,859 $1,300 18.0x
$254,984 $1,254 17.0x
$330,076 $1,775 16.0x

Home prices

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Monthly rent

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GRM

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Edgewater

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Trend Insights

Median Rent in Edgewater, VA is $1,760, with MoM change +$12 and YoY change +$89 pointing to positive momentum while volatility is low (std $20).

Benchmark Markets Side by Side

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Metric
Base market Edgewater, VA
Compare market Select a market
Delta vs base
Median rent
$1,760
N/A
Median price
$484,805
N/A
YoY change
+$89
N/A
Price-to-rent
23.0x
Data unavailable
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