Newtown South, Norfolk City, VA Housing Trends, Rent, Price-to-Rent

Market Summary

Newtown South, Norfolk City, VA

Median Home Price Price

$205,017 $205K

Median Monthly Rent Rent

$2,064 $2.1K

GRM

8.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Newtown South, VA is $2,064, with MoM change -$6 and YoY change -$3 signaling softening momentum while volatility is low (std $7).

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Metric

Base market Newtown South, VA

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Delta vs base

Median rent

$2,064

N/A

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Median price

$205,017

N/A

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YoY change

-$3

N/A

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Price-to-rent

8.3x

Data unavailable

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