Market Summary

Highland Terrace, Richmond City, VA

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Median Home Price Price

$240,380 $240.4K

Median Monthly Rent Rent

$1,426 $1.4K

GRM

14.0x

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
$220,245 $1,434 13.0x
$250,626 $1,450 14.0x
$209,066 $1,482 12.0x
$232,073 $1,605 12.0x
$269,620 $1,504 15.0x
$253,814 $1,624 13.0x
$340,600 $1,446 20.0x
$230,211 $1,630 12.0x
$215,941 $1,601 11.0x
$178,838 $1,461 10.0x
$226,549 $1,492 13.0x
$228,773 $1,507 13.0x
$251,292 $1,543 14.0x
$228,448 $1,592 12.0x
$191,168 $1,539 10.0x
$230,517 $1,505 13.0x
$240,804 $1,525 13.0x
$262,032 $1,517 14.0x
$229,195 $1,440 13.0x
$297,589 $1,496 17.0x
$222,135 $1,529 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
$229,788 $1,588 12.0x

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
$135,819 $1,367 8.0x
$148,477 $1,261 10.0x
$149,702 $1,285 10.0x
$541,390 $1,284 35.0x
$161,384 $1,309 10.0x
$165,741 $1,366 10.0x
$224,025 $1,916 10.0x
$559,466 $1,258 37.0x
$1,024,051 $1,270 67.0x
$743,598 $1,351 46.0x
$267,065 $1,246 18.0x

Home prices

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Monthly rent

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GRM

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Highland Terrace

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Trend Insights

Median Rent in Highland Terrace, VA is $1,426, with MoM change +$12 and YoY change +$89 pointing to positive momentum while volatility is low (std $23).

Benchmark Markets Side by Side

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Metric
Base market Highland Terrace, VA
Compare market Select a market
Delta vs base
Median rent
$1,426
N/A
Median price
$240,380
N/A
YoY change
+$89
N/A
Price-to-rent
14.0x
Data unavailable
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