Market Summary

Merrifields, Portsmouth City, VA

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Median Home Price Price

$322,063 $322.1K

Median Monthly Rent Rent

$1,807 $1.8K

GRM

15.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Portsmouth City County

Region Price Rent GRM Display
$340,721 $1,799 16.0x
$315,499 $1,786 15.0x
$315,777 $1,776 15.0x
$231,852 $1,541 13.0x
$321,868 $1,797 15.0x
$368,758 $1,748 18.0x

Home prices

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Monthly rent

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GRM

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Similar markets within VA outside of Portsmouth City County

Region Price Rent GRM Display
$419,396 $1,761 20.0x

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
$365,548 $1,877 16.0x
$485,481 $1,859 22.0x
$334,437 $1,879 15.0x
$224,259 $1,345 14.0x
$248,452 $1,898 11.0x
$456,372 $1,894 20.0x
$332,060 $1,684 16.0x
$294,185 $1,385 18.0x
$302,460 $1,711 15.0x
$261,725 $1,736 13.0x
$276,973 $1,726 13.0x
$265,033 $1,651 13.0x
$798,732 $1,908 35.0x
$285,150 $1,666 14.0x
$249,523 $1,867 11.0x
$218,170 $1,331 14.0x

Home prices

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Monthly rent

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GRM

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Merrifields

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Trend Insights

Median Rent in Merrifields, VA is $1,807, with MoM change +$13 and YoY change +$107 pointing to positive momentum while volatility is low (std $25).

Benchmark Markets Side by Side

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Metric
Base market Merrifields, VA
Compare market Select a market
Delta vs base
Median rent
$1,807
N/A
Median price
$322,063
N/A
YoY change
+$107
N/A
Price-to-rent
14.9x
Data unavailable
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