River Point, Norfolk City, VA Housing Trends, Rent, Price-to-Rent

Market Summary

River Point, Norfolk City, VA

Median Home Price Price

$585,248 $585.2K

Median Monthly Rent Rent

$1,691 $1.7K

GRM

29.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in River Point, VA is $1,691, with MoM change +$9 and YoY change +$59 pointing to positive momentum while volatility is low (std $12).

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Metric

Base market River Point, VA

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Delta vs base

Median rent

$1,691

N/A

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Median price

$585,248

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YoY change

+$59

N/A

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Price-to-rent

28.8x

Data unavailable

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