Wellington Oaks, Norfolk City, VA Housing Trends, Rent, Price-to-Rent

Market Summary

Wellington Oaks, Norfolk City, VA

Median Home Price Price

$176,656 $176.7K

Median Monthly Rent Rent

$1,562 $1.6K

GRM

9.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Wellington Oaks, VA is $1,562, with MoM change +$6 and YoY change +$59 pointing to positive momentum while volatility is low (std $14).

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Metric

Base market Wellington Oaks, VA

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Delta vs base

Median rent

$1,562

N/A

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Median price

$176,656

N/A

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YoY change

+$59

N/A

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Price-to-rent

9.4x

Data unavailable

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