Market Summary

Newtowne West, Richmond City, VA

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Median Home Price Price

$356,742 $356.7K

Median Monthly Rent Rent

$1,722 $1.7K

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

No similar markets found for this scope.

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
$627,869 $2,743 19.0x
$329,205 $1,511 18.0x
$282,197 $1,544 15.0x
$415,044 $1,676 21.0x
$386,758 $1,686 19.0x

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
$332,060 $1,684 16.0x
$287,589 $1,375 17.0x
$245,034 $1,769 12.0x
$257,699 $1,693 13.0x
$375,590 $1,693 19.0x
$474,175 $1,820 22.0x
$514,293 $2,102 20.0x
$161,384 $1,309 10.0x
$374,327 $1,102 28.0x
$637,763 $2,339 23.0x
$491,673 $1,878 22.0x
$380,999 $1,969 16.0x
$427,145 $1,744 20.0x
$853,867 $1,655 43.0x
$345,244 $1,513 19.0x
$721,686 $1,662 36.0x
$348,429 $1,660 17.0x
$293,615 $1,653 15.0x
$340,862 $1,670 17.0x
$341,492 $1,417 20.0x
$626,588 $2,537 21.0x
$277,686 $1,409 16.0x
$259,107 $1,775 12.0x
$503,285 $2,117 20.0x
$258,621 $1,702 13.0x
$427,314 $1,654 21.0x

Home prices

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Monthly rent

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GRM

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Newtowne West

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Trend Insights

Median Rent in Newtowne West, VA is $1,722, with MoM change +$13 and YoY change +$101 pointing to positive momentum while volatility is low (std $24).

Benchmark Markets Side by Side

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Metric
Base market Newtowne West, VA
Compare market Select a market
Delta vs base
Median rent
$1,722
N/A
Median price
$356,742
N/A
YoY change
+$101
N/A
Price-to-rent
17.3x
Data unavailable
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