Port Norfolk, Portsmouth City, VA

Median Home Price Price

$259,662 $259.7K

Median Monthly Rent Rent

$1,515 $1.5K

14.0x

Market Snapshot

Port Norfolk, Portsmouth City, VA is a neighborhood market with a median home price of $259,662, a median monthly rent of $1,515, a GRM of 14.0x, and a price-to-rent ratio of 14.3.

Comparable Markets

Use related neighborhood markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

More markets to explore

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Lynn Shores
$263K $1.4K 16.0x
Oregon Acres
$252K $1.5K 14.0x
Shea Terrace
$250K $1.7K 12.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Elmhurst, Norfolk City, VA
$275K $1.5K 15.0x
Chesterfield Heights, Norfolk City, VA
$252K $1.2K 18.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Baker Street, Kern County, CA
$300K $1.5K 17.0x
Bradley Pointe South Area, Chatham County, GA
$321K $1.8K 15.0x
Coronado, El Paso County, TX
$258K $1.4K 15.0x

Home prices

Monthly rent

GRM = home price / annual rent

Port Norfolk

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Benchmark comparison

Compare Port Norfolk, VA to another market.

Compare to Lynn Shores, VA
Port Norfolk, VA
Lynn Shores, VA
Delta
Median rent
$1,515
N/A
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Median price
$259,662
N/A
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YoY change
+$39
N/A
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Price-to-rent
14.3x
Data unavailable
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Key takeaways

  • Port Norfolk, Portsmouth City, VA has a lower-grm screening profile: At 14.0x GRM, current rent may provide stronger support relative to price.
  • Low GRM can also reflect operating friction, softer appreciation expectations, or local risk that GRM does not capture.
  • Rent momentum is positive, with median rent up about $39 year over year.
  • Next discovery step: compare Lynn Shores, Portsmouth City, VA from the Same county set.