Shockoe Bottom, Richmond City, VA Housing Trends, Rent, Price-to-Rent

Market Summary

Shockoe Bottom, Richmond City, VA

Median Home Price Price

$424,292 $424.3K

Median Monthly Rent Rent

$1,665 $1.7K

GRM

21.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Shockoe Bottom, VA is $1,665, with MoM change +$7 and YoY change +$37 pointing to positive momentum while volatility is low (std $11).

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Metric

Base market Shockoe Bottom, VA

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Delta vs base

Median rent

$1,665

N/A

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Median price

$424,292

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YoY change

+$37

N/A

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Price-to-rent

21.2x

Data unavailable

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