Market Summary

Westlake Hills, Richmond City, VA

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Median Home Price Price

$365,497 $365.5K

Median Monthly Rent Rent

$1,696 $1.7K

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
$347,308 $1,684 17.0x
$341,586 $1,637 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
$321,868 $1,797 15.0x
$322,291 $1,697 16.0x
$314,160 $2,086 13.0x
$269,235 $1,664 13.0x
$314,159 $1,730 15.0x
$275,185 $1,518 15.0x
$317,186 $1,722 15.0x
$280,429 $1,525 15.0x
$407,087 $1,695 20.0x
$324,928 $1,371 20.0x

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
$334,894 $1,746 16.0x
$256,555 $1,207 18.0x
$335,611 $1,413 20.0x
$408,736 $1,843 18.0x
$292,463 $1,477 17.0x
$334,744 $1,777 16.0x
$243,899 $1,196 17.0x
$341,492 $1,417 20.0x
$204,516 $1,036 16.0x
$337,468 $1,270 22.0x
$523,660 $1,642 27.0x
$257,893 $1,446 15.0x
$406,075 $1,705 20.0x
$262,376 $1,190 18.0x

Home prices

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Monthly rent

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GRM

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Westlake Hills

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Trend Insights

Median Rent in Westlake Hills, VA is $1,696, with MoM change +$10 and YoY change +$61 pointing to positive momentum while volatility is low (std $13).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Westlake Hills, VA.

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Metric
Base market Westlake Hills, VA
Compare market Select a market
Delta vs base
Median rent
$1,696
N/A
Median price
$365,497
N/A
YoY change
+$61
N/A
Price-to-rent
18.0x
Data unavailable
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