Market Summary

Elizabeth Park, Norfolk City, VA

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Median Home Price Price

$365,062 $365.1K

Median Monthly Rent Rent

$1,764 $1.8K

GRM

17.0x

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
$296,562 $1,637 15.0x
$284,009 $1,695 14.0x
$274,905 $1,633 14.0x
$310,243 $1,721 15.0x
$274,336 $1,760 13.0x
$284,608 $1,527 15.0x
$315,910 $1,720 15.0x
$259,392 $1,705 13.0x
$312,138 $1,625 16.0x
$314,159 $1,730 15.0x
$365,703 $1,593 19.0x
$242,964 $1,208 17.0x
$262,284 $1,475 15.0x
$259,328 $1,656 13.0x
$335,772 $1,697 16.0x

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
$203,740 $1,342 13.0x
$160,039 $1,344 10.0x
$175,291 $1,373 11.0x

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
$435,391 $1,712 21.0x
$255,134 $1,751 12.0x
$597,186 $1,832 27.0x
$336,173 $1,428 20.0x
$346,241 $1,419 20.0x
$398,582 $2,078 16.0x
$408,736 $1,843 18.0x
$379,279 $2,099 15.0x
$194,355 $1,144 14.0x
$376,020 $2,089 15.0x
$274,956 $1,749 13.0x
$283,251 $1,702 14.0x
$323,263 $1,438 19.0x
$179,464 $1,180 13.0x
$214,889 $1,744 10.0x
$282,263 $1,669 14.0x
$363,089 $1,761 17.0x

Home prices

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Monthly rent

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GRM

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Elizabeth Park

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Trend Insights

Median Rent in Elizabeth Park, VA is $1,764, with MoM change +$9 and YoY change +$68 pointing to positive momentum while volatility is low (std $16).

Benchmark Markets Side by Side

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Metric
Base market Elizabeth Park, VA
Compare market Select a market
Delta vs base
Median rent
$1,764
N/A
Median price
$365,062
N/A
YoY change
+$68
N/A
Price-to-rent
17.2x
Data unavailable
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