Port Norfolk, Portsmouth City, VA Housing Trends, Rent, Price-to-Rent

Market Summary

Port Norfolk, Portsmouth City, VA

Median Home Price Price

$259,662 $259.7K

Median Monthly Rent Rent

$1,515 $1.5K

GRM

14.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Port Norfolk, VA is $1,515, with MoM change +$6 and YoY change +$39 pointing to positive momentum while volatility is low (std $8).

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Metric

Base market Port Norfolk, VA

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Delta vs base

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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