Norwich, Roanoke City, VA Housing Trends, Rent, Price-to-Rent

Market Summary

Norwich, Roanoke City, VA

Median Home Price Price

$128,430 $128.4K

Median Monthly Rent Rent

$1,294 $1.3K

GRM

8.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Norwich, VA is $1,294, with MoM change +$10 and YoY change +$97 pointing to positive momentum while volatility is low (std $24).

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Metric

Base market Norwich, VA

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Delta vs base

Median rent

$1,294

N/A

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Median price

$128,430

N/A

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YoY change

+$97

N/A

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Price-to-rent

8.3x

Data unavailable

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