Lakewood, Norfolk City, VA Housing Trends, Rent, Price-to-Rent

Market Summary

Lakewood, Norfolk City, VA

Median Home Price Price

$665,742 $665.7K

Median Monthly Rent Rent

$1,597 $1.6K

GRM

35.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Lakewood, VA is $1,597, with MoM change +$14 and YoY change +$88 pointing to positive momentum while volatility is low (std $21).

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Metric

Base market Lakewood, VA

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Delta vs base

Median rent

$1,597

N/A

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Median price

$665,742

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YoY change

+$88

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Price-to-rent

34.7x

Data unavailable

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