2532 Ballentine Blvd · Norfolk, VA
Flood risk 4/10 · Minor
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.16%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $666 – $1,236
Heat risk 9/10 · Severe
- Hot days now (above 105°F)
- 7 days/yr
- Hot days in 30 yrs
- 16 days/yr
Wind risk 8/10 · Major
- Chance of severe wind over 30 yrs
- 80.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 5 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +15.4/30.0
- ARV discount +15.0/15.0
- Rent growth +5.0/5.0
- DSCR +4.7/10.0
- Livability +4.2/5.0
- 1% rule +4.0/10.0
- Schools +3.5/10.0
- Appreciation +2.9/10.0
- Condition / age +2.5/5.0
$195,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
JUST REDUCED FOR QUICK SALE! Welcome to this delightful 3 bedroom, 1.5 bath bungalow in the heart of Norfolk. This home offers a spacious front porch, a detached one-car garage, and a range of recent upgrades including a new roof installed in 2021, a water heater from 2020, and an HVAC system updated in 2020. The kitchen has been tastefully modernized, providing both style and functionality. Ideally situated just minutes from Norfolk's beautiful beaches, shops, restaurants, downtown Norfolk, Norfolk Naval Base, Norfolk State University,Interstate, this home offers convenience and accessibility. Perfect for you or as a rental! Call your Realtor today to see!
Key facts
- Modernized kitchen
- Front porch
- Water heater
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.5-bath single-family listed at $195k.
Deal economics
- At list price, monthly cash flow is $75 ($904/yr) — positive.
- The deal already cash-flows at list — no discount required.
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $175k (10.4% below list).
- Recommended offer: $175k (10.4% below list) — sets the bar for 1% rule.
- Cap rate 6.8% vs local median 4.0% in Norfolk — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 83/100 on livability (#43 in VA, #1,026 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, health & safety A+; Watch: employment C-, crime F.
- Norfolk City Public School District (urban): math 27% / reading 56% proficiency, ranked #118 of 131 in VA (top 90%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Zoned schools: Coleman Place Elementary (math 13% / reading 38%, grade F, #1,046 of 1,108 statewide, top 95%, 617 students, 98% FRL); Azalea Gardens Middle (math 21% / reading 54%, grade F, #315 of 342 statewide, top 93%, 848 students, 84% FRL); Matthew Fontaine Maury High (math 46% / reading 90%, grade B, #180 of 319 statewide, top 57%, 1,697 students, 96% FRL) — zoned schools average 92% FRL vs 59% district-wide (34 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Market conditions: Rents rising fast (+14.0%/yr); 82 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 438 units permitted in Norfolk city in 2024 (273 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
Negotiation context
- It's been on market 84 days — a 6% lower offer ($183k) is reasonable based on typical stale-listing flexibility.
- 9 sale attempts since 9y ago; this cycle's ask has dropped $20k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: built in 1915 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 84 days. Have you received any prior offers? Is the seller open to a 10% concession, seller financing, or rate buy-down credit?
- Built in 1915 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 0.90% ✗
- Cap rate
- 6.76%
- Cash-on-cash
- 1.66%
- DSCR
- 1.07
- GRM
- 9.3
CMA / ARV
- ARV (median comp)
- $269,296
- List price
- $195,000
- Delta
- -27.59%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 2541 Grandy Ave | 0.03mi | 2/1.5 (-1) | 1,077 (+2%) | 3mo | $247,000 | $229 | 87 |
| 2429 Wyoming Ave | 0.34mi | 3/1.0 | 1,088 (+3%) | 3mo | $143,000 | $131 | 75 |
| 2534 Keller Ave | 0.10mi | 3/2.0 | 1,200 (+14%) | 1mo | $290,000 | $242 | 70 |
| 2404 Nevada Ave | 0.43mi | 3/2.0 | 1,013 (-4%) | 2mo | $319,999 | $316 | 69 |
| 3760 Larkin St | 0.55mi | 3/2.0 | 1,068 (+1%) | 2mo | $305,000 | $286 | 68 |
| 2609 Harrell Ave | 0.19mi | 3/1.5 | 1,194 (+13%) | 3mo | $269,900 | $226 | 67 |
| 2946 Argonne Ave | 0.59mi | 3/1.5 | 1,080 (+2%) | 3mo | $265,000 | $245 | 66 |
| 2719 Overbrook Ave | 0.55mi | 3/2.0 | 1,100 (+4%) | 2mo | $290,000 | $264 | 64 |
| 2814 Glen Ave | 0.66mi | 3/1.0 | 1,056 (-0%) | 4mo | $196,000 | $186 | 64 |
| 3708 Tait Ter | 0.44mi | 3/2.0 | 1,158 (+10%) | 1mo | $285,000 | $246 | 61 |
| 2413 Hemlock St | 0.73mi | 3/1.5 | 1,092 (+3%) | 1mo | $295,000 | $270 | 60 |
| 3753 Davis St | 0.55mi | 2/1.0 (-1) | 912 (-14%) | 3mo | $250,000 | $274 | 42 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 8.0% rent growth · sell at horizon
- IRR
- -8.4%
- Equity multiple
- 0.68×
- Total profit
- $-17,566
- Equity at exit
- $29,075
- IRR
- 6.6%
- Equity multiple
- 1.60×
- Total profit
- $32,902
- Equity at exit
- $16,860
Cash invested: $54,600 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 55 Moderately Landlord-Leaning
- State Virginia
- 55 Moderately Landlord-Leaning · D+2
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 23509
- Home prices YoY
- -1.3%
- Rents YoY
- 14.0%
- Active inventory
- 82
- Price-to-rent
- 9.3×
Monthly cashflow live
- Estimated rent
- $1,747 high interval (Pro) →
- Mortgage (P&I)
- −$1,023
- Tax from tax record
- −$201 /mo · $2,410/yr
- Insurance
- −$81
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$367
- Net cashflow
- $75
Break-even live
Sensitivity live
| Price | -10% $186 | -5% $131 | +0% $75 | +5% $20 | +10% $-35 |
|---|---|---|---|---|---|
| Rent | -10% $-63 | -5% $6 | +0% $75 | +5% $144 | +10% $213 |
| Rate | -1.0pp $174 | -0.5pp $125 | base $75 | +0.5pp $25 | +1.0pp $-27 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $48,750
- Closing costs
- $5,850
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 2400 Ballentine Blvd Unit A Norfolk, VA | 2.0 | 1.0 | 879 | $1,550 | $1.76 | 45d | 1 | 0.19mi |
| 2721 Grandy Ave Norfolk, VA | 2.0 | 1.0 | 900 | $1,150 | $1.28 | 25d | 1 | 0.24mi |
| 2421 Arkansas Ave Unit A Norfolk, VA | 2.0 | 1.0 | 870 | $1,225 | $1.41 | 0d | 1 | 0.29mi |
| 2421 Arkansas Ave Unit A Norfolk, VA | 2.0 | 1.0 | 870 | $1,225 | $1.41 | 16d | 1 | 0.29mi |
| 2815 Keller Ave Norfolk, VA | 3.0 | 2.0 | 1210 | $2,250 | $1.86 | 6d | 1 | 0.38mi |
| 3000 S Cape Henry Ave Norfolk, VA | 2.0 | 2.5 | 985 | $1,595 | $1.62 | 0d | 1 | 0.41mi |
| 3507 Cape Henry Ave Unit A Norfolk, VA | 2.0 | 1.0 | 755 | $1,200 | $1.59 | 23d | 1 | 0.44mi |
| 2900 Verdun Ave Norfolk, VA | 3.0 | 1.0 | 867 | $1,800 | $2.08 | 45d | 1 | 0.46mi |
| 2660 Chesapeake Blvd Norfolk, VA | 3.0 | 2.0 | 1375 | $2,100 | $1.53 | 19d | 1 | 0.46mi |
| 1525 Nevada Ave Unit B Norfolk, VA | 2.0 | 1.5 | 1134 | $1,445 | $1.27 | 45d | 1 | 0.50mi |
| 2949 Verdun Ave Norfolk, VA | 3.0 | 2.0 | 950 | $3,000 | $3.16 | 45d | 1 | 0.55mi |
| 3400 Lafayette Blvd #2 Norfolk, VA | 2.0 | 1.0 | 800 | $1,350 | $1.69 | 5d | 1 | 0.57mi |
| 1534 Fairbanks Ave Unit B Norfolk, VA | 2.0 | 1.0 | 795 | $1,200 | $1.51 | 0d | 1 | 0.67mi |
| 3320 Lyons Ave Unit B Norfolk, VA | 2.0 | 1.0 | 850 | $1,395 | $1.64 | 0d | 1 | 0.77mi |
| 2405 Lafayette Blvd Unit A Norfolk, VA | 3.0 | 2.0 | 1000 | $2,200 | $2.20 | 16d | 1 | 0.79mi |
| 3640 Robin Hood Rd Norfolk, VA | 4.0 | 2.5 | 1400 | $2,999 | $2.14 | 19d | 1 | 0.80mi |
| 4505 Cape Henry Ave Norfolk, VA | 2.0 | 1.0 | 720 | $1,000 | $1.39 | 45d | 1 | 0.83mi |
| 2111 Bellevue Ave Unit 1 Norfolk, VA | 2.0 | 1.0 | 950 | $1,300 | $1.37 | 45d | 1 | 0.84mi |
| 1531 Spruce St Unit B Norfolk, VA | 3.0 | 2.0 | 1304 | $1,600 | $1.23 | 45d | 1 | 0.87mi |
| 1531 Spruce St Unit B Norfolk, VA | 3.0 | 2.0 | 1304 | $1,600 | $1.23 | 25d | 1 | 0.87mi |
| 2928 Tidewater Dr Norfolk, VA | 2.0 | 1.0 | 740 | $1,350 | $1.82 | 25d | 1 | 0.90mi |
| 2421 Bolton St Unit F Norfolk, VA | 2.0 | 1.0 | 725 | $1,275 | $1.76 | 45d | 1 | 0.91mi |
| 1822 Saint Denis Ave Apt 4 Norfolk, VA | 2.0 | 1.0 | 750 | $995 | $1.33 | 45d | 1 | 0.94mi |
| 3477 E Bonner Dr Norfolk, VA | 3.0 | 1.0 | 1304 | $2,000 | $1.53 | 25d | 1 | 0.95mi |
| 2315 Bolton St Norfolk, VA | 3.0 | 1.0 | 1000 | $1,800 | $1.80 | 45d | 1 | 0.95mi |
| 2201 Pershing Ave Norfolk, VA | 3.0 | 2.5 | 1455 | $2,250 | $1.55 | 6d | 1 | 0.96mi |
| 1801 Saint Denis Ave Unit 3 Norfolk, VA | 4.0 | 2.0 | 1500 | $2,400 | $1.60 | 25d | 1 | 0.99mi |
| 1300 Lead St Norfolk, VA | 1.0–2.0 | 1.0 | 950 | $1,124 | $1.18 | 25d | 1 | 1.01mi |
| 3301 Vimy Ridge Ave Norfolk, VA | 4.0 | 2.0 | 1300 | $2,150 | $1.65 | 6d | 1 | 1.03mi |
| 1821 Lasalle Ave Norfolk, VA | 2.0 | 1.0 | 875 | $1,295 | $1.48 | 0d | 1 | 1.04mi |
| 1714 Bellevue Ave Norfolk, VA | 3.0 | 1.5 | 1500 | $1,799 | $1.20 | 45d | 1 | 1.05mi |
| 3521 Brest Ave Norfolk, VA | 3.0 | 2.0 | 1234 | $2,300 | $1.86 | 45d | 1 | 1.08mi |
| 1801 Lasalle Ave Norfolk, VA | 3.0 | 1.0 | 1102 | $1,880 | $1.71 | 46d | 1 | 1.08mi |
| 1022 Kenton Ave Norfolk, VA | 3.0 | 2.0 | 1400 | $2,400 | $1.71 | 12d | 1 | 1.08mi |
| 1439 Moultrie Ave #3 Norfolk, VA | 2.0 | 1.0 | 1300 | $1,900 | $1.46 | 9d | 1 | 1.09mi |
| 2401 Ruffin St Norfolk, VA | 2.0 | 1.0 | 900 | $1,350 | $1.50 | 45d | 1 | 1.10mi |
| 4670 Kincaid Ave Unit F Norfolk, VA | 2.0 | 1.0 | 800 | $1,250 | $1.56 | 0d | 1 | 1.11mi |
| 4670 Kincaid Ave Apt E Norfolk, VA | 2.0 | 1.0 | 800 | $1,250 | $1.56 | 5d | 1 | 1.11mi |
| 1751 Fontainebleau Cres Norfolk, VA | 3.0 | 2.0 | 1231 | $2,350 | $1.91 | 45d | 1 | 1.15mi |
| 3541 Mangrove Ave Unit 8 Norfolk, VA | 2.0 | 1.0 | 900 | $1,350 | $1.50 | 25d | 1 | 1.15mi |
Listing history 44 events
-
2026-06-21days on market $195,000 Active 84 DOM
-
2026-06-18days on market $195,000 Active 81 DOM
-
2026-06-17days on market $195,000 Active 80 DOM
-
2026-06-16days on market $195,000 Active 79 DOM
-
2026-06-15days on market $195,000 Active 78 DOM
-
2026-06-13days on market $195,000 Active 76 DOM
-
2026-06-09days on market $195,000 Active 72 DOM
-
2026-06-08days on market $195,000 Active 71 DOM
-
2026-06-07days on market $195,000 Active 70 DOM
-
2026-06-03days on market $195,000 Active 66 DOM
-
2026-06-02days on market $195,000 Active 65 DOM
-
2026-06-01days on market $195,000 Active 64 DOM
-
2026-05-31days on market $195,000 Active 63 DOM
-
2026-05-12status Under Contract 666-char remark
Show marketing remark (666 chars)
JUST REDUCED FOR QUICK SALE! Welcome to this delightful 3 bedroom, 1.5 bath bungalow in the heart of Norfolk. This home offers a spacious front porch, a detached one-car garage, and a range of recent upgrades including a new roof installed in 2021, a water heater from 2020, and an HVAC system updated in 2020. The kitchen has been tastefully modernized, providing both style and functionality. Ideally situated just minutes from Norfolk's beautiful beaches, shops, restaurants, downtown Norfolk, Norfolk Naval Base, Norfolk State University,Interstate, this home offers convenience and accessibility. Perfect for you or as a rental! Call your Realtor today to see!
-
2026-04-28price $195,000 666-char remark
Show marketing remark (666 chars)
JUST REDUCED FOR QUICK SALE! Welcome to this delightful 3 bedroom, 1.5 bath bungalow in the heart of Norfolk. This home offers a spacious front porch, a detached one-car garage, and a range of recent upgrades including a new roof installed in 2021, a water heater from 2020, and an HVAC system updated in 2020. The kitchen has been tastefully modernized, providing both style and functionality. Ideally situated just minutes from Norfolk's beautiful beaches, shops, restaurants, downtown Norfolk, Norfolk Naval Base, Norfolk State University,Interstate, this home offers convenience and accessibility. Perfect for you or as a rental! Call your Realtor today to see!
-
2026-03-18$215,000 Active 666-char remark
Show marketing remark (666 chars)
JUST REDUCED FOR QUICK SALE! Welcome to this delightful 3 bedroom, 1.5 bath bungalow in the heart of Norfolk. This home offers a spacious front porch, a detached one-car garage, and a range of recent upgrades including a new roof installed in 2021, a water heater from 2020, and an HVAC system updated in 2020. The kitchen has been tastefully modernized, providing both style and functionality. Ideally situated just minutes from Norfolk's beautiful beaches, shops, restaurants, downtown Norfolk, Norfolk Naval Base, Norfolk State University,Interstate, this home offers convenience and accessibility. Perfect for you or as a rental! Call your Realtor today to see!
-
2026-02-26soldstatus $194,155
-
2025-11-22historical
-
2025-08-19status Active
-
2025-07-14historical Active Under Contract
-
2025-05-22$259,900 Active
-
2025-05-22historical
-
2025-01-28$260,900 Active
-
2025-01-27historical
-
2024-12-27price $260,900
-
2024-12-05$264,900 Active
-
2023-08-07soldstatus $215,000
-
2023-07-27status Under Contract
-
2023-07-17historical Active Under Contract
-
2023-07-13$210,000 Active
-
2022-07-14soldstatus $189,000
-
2022-06-18status Under Contract
-
2022-06-14historical Active Under Contract
-
2022-06-09$189,000 Active
-
2019-11-04soldstatus $129,900
-
2019-10-22status Under Contract
-
2019-10-12historical Active Under Contract
-
2019-10-03price $129,900
-
2019-09-23$139,900 Active
-
2018-05-09historical
-
2017-09-14price $95,000
-
2017-08-23$110,000 Active
-
2008-11-19soldstatus $110,000
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1972-05-01soldstatus $11,500
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast VA · Resets to sale price
- Current annual tax
- $2,410 · $201/mo
- Projected year-2 tax
- $2,410 · $201/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 4/10 Moderate FEMA zone X (shaded) · 16% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 9/10 Extreme 7 d/yr ≥105°F today · 16 d/yr by 30 yrs out
- Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
- Air quality 3/10 Moderate 2 unhealthy d/yr today · 5 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $20,962
- − Mortgage interest
- −$10,923
- − Property taxes
- −$2,410
- − Insurance
- −$975
- − Repairs & maintenance
- −$1,677
- − Management
- −$1,677
- − Depreciation
- −$5,673
- Taxable loss
- −$2,372
- Est. tax savings @ 24.0%
- +$569
- After-tax cash flow
- $1,474/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Norfolk City Public School District
- NCES district ID
- 5102670
- Math proficiency
- 27% ▼ -44.00%
- Reading proficiency
- 56% ▼ -10.00%
- Median HH income
- $44,358
- Composite
- 35.08/100
- National rank
- #5026
- State rank
- #118 of 131 in VA
Livability — Norfolk
- Score
- 83/100
- State rank
- #43
- US rank
- #1026
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Norfolk, VA
- County
- Norfolk City · 214,042 people
- City population
- 214,042
- Metro
- Virginia Beach-Norfolk-Newport News, VA-NC
- Population (ZIP)
- 13,105
- Household income
- $72,816
- Rent vs Own
- Severe rent burden
- 575.0
Population outlook (Norfolk County) Hauer SSP2
- Today (2025)
- 249,032 people
- By 2030
- 252,347 · +1.3%
- By 2040
- 253,644 · +1.9%
- By 2050
- 251,913 · +1.2%
- By 2075
- 245,281 · -1.5%
- By 2100
- 219,548 · -11.8%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.64)
- Race & ethnicity
- White 44% Black 39% Hispanic / Latino 9% Two or more races 8% Asian 2%
- Hispanic origin (detail)
- Mexican 2% Puerto Rican 2%
- Common ancestry
- Italian 4% Serbian 2% Romanian 1%
- Foreign-born
- 6% · Canada, China
- Languages at home
- 91% English-only · Spanish 5% Other Asian/Pacific 1%
Political lean MEDSL · Norfolk
- 2024 margin
- Solid D (+41.5) · D 70.0% · R 28.5% · Other 1.6%
- 2008→2024 swing
- -1.4pp toward R · 2008: 43.0pp · 2024: 41.5pp
- All cycles
- 2024: D+41.5 2020: D+45.6 2016: D+42.0 2012: D+44.0 2008: D+43.0
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -4.16%
- Current HPI
- 321.56
- Rent YoY
- ▲ 13.99%
- Metro
- Virginia Beach-Norfolk-Newport News, VA-NC
- State GDP YoY
- ▲ 2.40%
- F500 in state
- 50
Industry mix (Fortune 500 HQ in VA)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Aerospace / Defense | 4 | $236B |
|
||
| Technology / Defense | 3 | $32B |
|
||
| Financial Services | 2 | $176B |
|
||
| Utilities | 2 | $27B |
|
||
| Insurance | 2 | $25B |
|
||
| Technology | 2 | $15B |
|
||
Price history
+1595.7% since first listed31 events — show timeline
- 2026-05-12 Pending — REINMLS
- 2026-04-28 Price Changed $195,000 REINMLS
- 2026-03-18 Listed $215,000 REINMLS
- 2026-02-26 Sold (Public Records) $194,155 Public Records
- 2025-11-22 Listing Removed — REINMLS
- 2025-08-19 Relisted — REINMLS
- 2025-07-14 Contingent — REINMLS
- 2025-05-22 Listing Removed — REINMLS
- 2025-05-22 Listed $259,900 REINMLS
- 2025-01-28 Listed $260,900 REINMLS
- 2025-01-27 Listing Removed — REINMLS
- 2024-12-27 Price Changed $260,900 REINMLS
- 2024-12-05 Listed $264,900 REINMLS
- 2023-08-07 Sold (Public Records) $215,000 Public Records
- 2023-07-27 Pending — REINMLS
- 2023-07-17 Contingent — REINMLS
- 2023-07-13 Listed $210,000 REINMLS
- 2022-07-14 Sold (Public Records) $189,000 Public Records
- 2022-06-18 Pending — REINMLS
- 2022-06-14 Contingent — REINMLS
- 2022-06-09 Listed $189,000 REINMLS
- 2019-11-04 Sold (Public Records) $129,900 Public Records
- 2019-10-22 Pending — REINMLS
- 2019-10-12 Contingent — REINMLS
- 2019-10-03 Price Changed $129,900 REINMLS
- 2019-09-23 Listed $139,900 REINMLS
- 2018-05-09 Listing Removed — REINMLS
- 2017-09-14 Price Changed $95,000 REINMLS
- 2017-08-23 Listed $110,000 REINMLS
- 2008-11-19 Sold (Public Records) $110,000 Public Records
- 1972-05-01 Sold (Public Records) $11,500 Public Records
Property tax history
+5.9%/yrLatest (2025): $2,410 · +4.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…