Market Summary

Forest Hill Terrace, Richmond City, VA

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Median Home Price Price

$405,089 $405.1K

Median Monthly Rent Rent

$1,826 $1.8K

GRM

18.0x

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
$450,002 $1,767 21.0x
$493,533 $1,835 23.0x
$491,885 $2,337 18.0x
$469,083 $2,351 17.0x

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
$509,471 $1,823 23.0x
$519,200 $1,816 24.0x
$545,271 $1,822 25.0x

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
$364,308 $1,806 17.0x
$250,209 $1,863 11.0x
$357,847 $1,924 16.0x
$414,899 $1,781 19.0x
$344,777 $1,905 15.0x
$435,296 $2,307 16.0x
$379,388 $1,803 18.0x
$250,666 $1,304 16.0x
$362,230 $1,836 16.0x
$256,784 $1,826 12.0x
$371,779 $2,326 13.0x
$299,518 $1,469 17.0x
$339,770 $2,080 14.0x
$302,371 $1,766 14.0x
$321,398 $1,909 14.0x
$299,898 $2,143 12.0x
$340,016 $2,011 14.0x

Home prices

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Monthly rent

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GRM

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Forest Hill Terrace

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Trend Insights

Median Rent in Forest Hill Terrace, VA is $1,826, with MoM change +$18 and YoY change +$149 pointing to positive momentum while volatility is low (std $38).

Benchmark Markets Side by Side

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Metric
Base market Forest Hill Terrace, VA
Compare market Select a market
Delta vs base
Median rent
$1,826
N/A
Median price
$405,089
N/A
YoY change
+$149
N/A
Price-to-rent
18.5x
Data unavailable
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