Sterling Point, Portsmouth City, VA

Median Home Price Price

$368,758 $368.8K

Median Monthly Rent Rent

$1,748 $1.7K

18.0x

Market Snapshot

Sterling Point, Portsmouth City, VA is a neighborhood market with a median home price of $368,758, a median monthly rent of $1,748, a GRM of 18.0x, and a price-to-rent ratio of 17.6.

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

01 Simonsdale, Portsmouth City, VA
Top recommendation Nearby alternative Lower GRM Lower price Similar rent Rent momentum
High confidence
Price $222.9K
Rent $1.7K
GRM 11.0x
Explore the data
Region Show
Simonsdale
$223K $1.7K 11.0x
Edgefield
$322K $1.8K 15.0x
Cavalier Forest
$315K $1.8K 15.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Foxhill, Hampton City, VA
$314K $1.6K 16.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Putnam Heights, Eau Claire County, WI
$290K $1.3K 19.0x
Taylor Ranch, Bernalillo County, NM
$348K $1.8K 17.0x
Eastmoor, Franklin County, OH
$205K $1.5K 12.0x

Home prices

Monthly rent

GRM = home price / annual rent

Sterling Point

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Benchmark comparison

Rent in Sterling Point, VA is 2.8% higher than Simonsdale, VA.

Compare to Simonsdale, VA
Sterling Point, VA
Simonsdale, VA
Delta
Median rent
$1,748
$1,700
-$48
Median price
$368,758
$222,903
-$145,855
YoY change
+$94
+$140
+$46
Price-to-rent
17.6x
10.9x
-6.7x

Key takeaways

  • Sterling Point, Portsmouth City, VA has a middle-grm screening profile: At 18.0x GRM, price and rent sit in a less extreme screening range.
  • The investment thesis may depend more on trend quality and local context than on GRM alone.
  • Rent momentum is positive, with median rent up about $94 year over year.
  • Rent in Sterling Point, VA is 2.8% higher than Simonsdale, VA.