Median home value: $300K (+0.2% YoY). Rent: $1,677/mo. Price-to-rent: 14.9x. Part of Virginia Beach-Norfolk-Newport News, VA-NC.
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Basic Zillow data only. For stress scores, AI analysis, and trends, Virginia Beach-Norfolk-Newport News, VA-NC metro page.
Home Value$300,053
+0.2%
Rent$1,677/mo
AFFORDABILITYRenting $101/mo cheaper ($1,677 rent)6.00% 30yr, 20% down, county tax + VA ins. 28% per HUD.
Enter your income for Norfolk.
$60,011 on $300,053
Stretch — 28.4% of income
Above 28% but manageable with cuts.
PITI$1,778
P/I28.4%
Afford$295K
Gap-$5K
P&I $1,439Tax $205Ins $133
Home Buying Kit For Dummies (2025)Financing, negotiation, closing