Fairmount Park, Norfolk City, VA Housing Trends, Rent, Price-to-Rent

Market Summary

Fairmount Park, Norfolk City, VA

Median Home Price Price

$236,390 $236.4K

Median Monthly Rent Rent

$1,524 $1.5K

GRM

13.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Fairmount Park, VA is $1,524, with MoM change +$10 and YoY change +$67 pointing to positive momentum while volatility is low (std $16).

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Metric

Base market Fairmount Park, VA

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Delta vs base

Median rent

$1,524

N/A

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Median price

$236,390

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YoY change

+$67

N/A

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Price-to-rent

12.9x

Data unavailable

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