Market Summary

West Ocean View, Norfolk City, VA

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Median Home Price Price

$284,608 $284.6K

Median Monthly Rent Rent

$1,527 $1.5K

GRM

15.0x

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
$269,235 $1,664 13.0x
$365,062 $1,764 17.0x
$291,194 $1,657 15.0x
$300,063 $1,661 15.0x
$363,083 $1,622 19.0x
$302,391 $2,137 12.0x
$255,374 $1,525 14.0x
$274,336 $1,760 13.0x
$284,009 $1,695 14.0x
$259,392 $1,705 13.0x

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

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
$282,059 $1,404 17.0x
$282,263 $1,669 14.0x
$283,251 $1,702 14.0x
$360,755 $1,626 19.0x
$302,334 $1,576 16.0x
$290,980 $1,653 15.0x
$261,725 $1,736 13.0x
$374,685 $2,121 15.0x
$334,894 $1,746 16.0x
$248,212 $1,389 15.0x
$363,673 $1,740 17.0x
$310,816 $1,851 14.0x
$435,391 $1,712 21.0x

Home prices

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Monthly rent

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GRM

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West Ocean View

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Trend Insights

Median Rent in West Ocean View, VA is $1,527, with MoM change +$8 and YoY change +$59 pointing to positive momentum while volatility is low (std $13).

Benchmark Markets Side by Side

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Metric
Base market West Ocean View, VA
Compare market Select a market
Delta vs base
Median rent
$1,527
N/A
Median price
$284,608
N/A
YoY change
+$59
N/A
Price-to-rent
15.5x
Data unavailable
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