Market Summary

Highland Park Southern Tip, Richmond City, VA

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Median Home Price Price

$269,620 $269.6K

Median Monthly Rent Rent

$1,504 $1.5K

GRM

15.0x

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
$240,804 $1,525 13.0x
$217,863 $1,592 11.0x
$262,032 $1,517 14.0x
$252,313 $1,557 14.0x
$238,211 $1,555 13.0x
$228,773 $1,507 13.0x
$270,894 $1,615 14.0x
$232,073 $1,605 12.0x
$230,517 $1,505 13.0x
$228,448 $1,592 12.0x
$230,211 $1,630 12.0x

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
$260,500 $1,599 14.0x
$257,944 $1,601 13.0x

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
$415,834 $1,460 24.0x
$216,558 $1,481 12.0x
$541,390 $1,284 35.0x
$186,363 $1,688 9.0x
$321,151 $1,441 19.0x
$311,556 $1,706 15.0x
$397,202 $1,292 26.0x
$283,145 $1,438 16.0x

Home prices

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Monthly rent

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GRM

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Highland Park Southern Tip

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Trend Insights

Median Rent in Highland Park Southern Tip, VA is $1,504, with MoM change +$14 and YoY change +$96 pointing to positive momentum while volatility is low (std $23).

Benchmark Markets Side by Side

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Metric
Base market Highland Park Southern Tip, VA
Compare market Select a market
Delta vs base
Median rent
$1,504
N/A
Median price
$269,620
N/A
YoY change
+$96
N/A
Price-to-rent
14.9x
Data unavailable
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