Market Summary

Monticello Village, Norfolk City, VA

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Median Home Price Price

$278,821 $278.8K

Median Monthly Rent Rent

$1,655 $1.7K

GRM

14.0x

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
Bromley
$277,343 $1,630 14.0x
East Ocean View
$529,138 $1,629 27.0x
Oakdale Farms
$234,163 $1,706 11.0x
Wards Corner
$302,391 $2,137 12.0x
Lindenwood
$213,697 $1,431 12.0x
Northside
$300,063 $1,661 15.0x
Roland Park
$269,235 $1,664 13.0x
Brandon Place
$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
Stonegate, Henrico County, VA
$415,044 $1,676 21.0x
Northampton, Hampton City, VA
$295,748 $1,648 15.0x
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$286,328 $1,615 15.0x
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$275,117 $1,631 14.0x
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$447,853 $2,752 14.0x
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$417,593 $2,767 13.0x
Green Run, Virginia Beach City, VA
$305,518 $2,161 12.0x
Bayside, Virginia Beach City, VA
$341,024 $1,904 15.0x

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
Parkway, Bernalillo County, NM
$332,060 $1,684 16.0x
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$717,558 $1,660 36.0x
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$721,686 $1,662 36.0x
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Home prices

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Monthly rent

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GRM

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Monticello Village

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Trend Insights

Median Rent in Monticello Village, VA is $1,655, with MoM change +$14 and YoY change +$99 pointing to positive momentum while volatility is low (std $23).

Benchmark Markets Side by Side

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Metric
Base market Monticello Village, VA
Compare market Select a market
Delta vs base
Median rent
$1,655
N/A
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Median price
$278,821
N/A
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YoY change
+$99
N/A
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Price-to-rent
14.0x
Data unavailable
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