Market Summary

Fairmount, Richmond City, VA

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Median Home Price Price

$297,589 $297.6K

Median Monthly Rent Rent

$1,496 $1.5K

GRM

17.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Richmond City County

Region Price Rent GRM Display
$253,814 $1,624 13.0x
$178,838 $1,461 10.0x
$262,032 $1,517 14.0x
$228,773 $1,507 13.0x
$228,448 $1,592 12.0x
$238,211 $1,555 13.0x
$191,168 $1,539 10.0x
$230,517 $1,505 13.0x
$226,549 $1,492 13.0x
$232,073 $1,605 12.0x
$269,620 $1,504 15.0x
$252,313 $1,557 14.0x
$230,211 $1,630 12.0x
$250,626 $1,450 14.0x

Home prices

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Monthly rent

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GRM

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Similar markets within VA outside of Richmond City County

Region Price Rent GRM Display
$257,944 $1,601 13.0x
$260,500 $1,599 14.0x

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
$165,741 $1,366 10.0x
$181,017 $1,343 11.0x
$412,494 $1,629 21.0x
$234,248 $1,465 13.0x
$147,765 $1,479 8.0x
$474,232 $1,507 26.0x
$338,731 $1,438 20.0x
$382,437 $1,457 22.0x
$149,702 $1,285 10.0x
$344,854 $1,295 22.0x
$743,598 $1,351 46.0x
$173,105 $1,413 10.0x
$452,449 $1,300 29.0x

Home prices

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Monthly rent

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GRM

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Fairmount

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Trend Insights

Median Rent in Fairmount, VA is $1,496, with MoM change +$16 and YoY change +$104 pointing to positive momentum while volatility is low (std $25).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Fairmount, VA.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Fairmount, VA
Compare market Select a market
Delta vs base
Median rent
$1,496
N/A
Median price
$297,589
N/A
YoY change
+$104
N/A
Price-to-rent
16.6x
Data unavailable
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