Market Summary

Shea Terrace, Portsmouth City, VA

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Median Home Price Price

$249,788 $249.8K

Median Monthly Rent Rent

$1,658 $1.7K

GRM

12.0x

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
$218,821 $1,644 11.0x
$222,623 $1,651 11.0x
$259,662 $1,515 14.0x
$196,146 $1,644 10.0x
$252,054 $1,520 14.0x
$213,539 $1,674 11.0x

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
$238,661 $1,614 12.0x
$232,110 $1,653 12.0x
$381,007 $1,684 19.0x
$203,430 $1,590 11.0x

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
$213,721 $1,457 12.0x
$451,234 $2,522 15.0x
$210,974 $1,482 12.0x
$785,980 $1,886 35.0x
$223,224 $1,101 17.0x
$870,746 $1,903 38.0x
$201,487 $1,290 13.0x
$345,634 $1,467 20.0x
$340,163 $1,760 16.0x
$232,636 $1,537 13.0x
$218,952 $2,001 9.0x
$173,104 $1,512 10.0x
$194,682 $1,535 10.0x
$1,251,606 $1,875 55.0x
$240,889 $1,555 13.0x
$171,040 $1,551 9.0x

Home prices

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Monthly rent

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GRM

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Shea Terrace

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Trend Insights

Median Rent in Shea Terrace, VA is $1,658, with MoM change +$7 and YoY change +$26 pointing to positive momentum while volatility is low (std $11).

Benchmark Markets Side by Side

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Metric
Base market Shea Terrace, VA
Compare market Select a market
Delta vs base
Median rent
$1,658
N/A
Median price
$249,788
N/A
YoY change
+$26
N/A
Price-to-rent
12.6x
Data unavailable
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