1002 Dunbar St · Norfolk, VA
Flood risk 3/10 · Minor
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.1%
- 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 106°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 B+ 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 +30.0/30.0
- ARV discount +15.0/15.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Livability +4.2/5.0
- Rent growth +4.0/5.0
- Condition / age +3.8/5.0
- Schools +2.7/10.0
- Appreciation +0.0/10.0
$139,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Many renovations completed, new water heater, new roof, new appliances and flooring.
Key facts
- New flooring
- New water heater
- New appliances
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/1.0-bath single-family listed at $140k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $703 ($8k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $140k).
- Recommended offer: $123k (12.0% below list) — sets the bar for market timing.
- Cap rate 12.3% vs local median 4.1% 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: Jacox Elementary (math 5% / reading 20%, grade F, #1,107 of 1,108 statewide, top 100%, 568 students, 99% FRL); William H. Ruffner Middle (math 11% / reading 30%, grade F, #339 of 342 statewide, top 99%, 436 students, 87% FRL); Booker T Washington High (math 26% / reading 70%, grade D, #303 of 319 statewide, top 95%, 947 students, 94% FRL) — zoned schools average 93% FRL vs 59% district-wide (35 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Zoned-school proficiency averages 27% at this address vs 42% district-wide (-14 pts) — the specific schools serving this property underperform the Norfolk City Public School District average; the district grade overstates school quality for this exact location.
- Market conditions: Rents rising fast (+6.1%/yr); 209 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 81d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 75% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 438 units permitted in Norfolk city in 2024 (273 in 5+ unit buildings).
- At $2,118/mo this rent would consume 57% of the median local household income ($45k/yr) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $967 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
- At projected returns (-3.0% appreciation + 6.1% rent growth), your $39k cash investment doubles in ~5 years — after that, you're playing with house money.
Negotiation context
- It's been on market 199 days — a 12% lower offer ($123k) is reasonable based on typical stale-listing flexibility.
- 7 sale attempts since 2y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
Risks & watch-outs
- Watch-outs: built in 1940 — 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 199 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1940 — 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
- 1.51% ✓
- Cap rate
- 12.32%
- Cash-on-cash
- 21.53%
- DSCR
- 1.96
- GRM
- 5.5
CMA / ARV
- ARV (median comp)
- $259,500
- List price
- $139,900
- Delta
- -46.09%
- 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 |
|---|---|---|---|---|---|---|---|
| 816 Lexington St | 0.33mi | 4/3.0 | 1,715 (-1%) | 3mo | $185,000 | $108 | 72 |
| 1317 Reservoir Ave | 0.32mi | 3/2.5 (-1) | 1,670 (-4%) | 1mo | $341,900 | $205 | 67 |
| 1232 Maltby Ave | 0.32mi | 4/2.5 | 1,888 (+9%) | 0mo | $395,000 | $209 | 64 |
| 2332 Barre St | 0.53mi | 4/3.0 | 1,770 (+2%) | 2mo | $360,000 | $203 | 62 |
| 1026 Anderson St | 0.24mi | 4/2.0 | 1,520 (-12%) | 3mo | $277,500 | $183 | 62 |
| 2432 Barre St | 0.58mi | 3/2.0 (-1) | 1,701 (-2%) | 3mo | $32,000 | $19 | 58 |
| 766 A Ave | 0.43mi | 4/2.0 | 1,544 (-11%) | 1mo | $312,000 | $202 | 56 |
| 1814 Bracey St | 0.35mi | 5/3.0 (+1) | 1,900 (+9%) | 0mo | $259,000 | $136 | 55 |
| 1407 Cary Ave | 0.37mi | 3/2.5 (-1) | 1,576 (-9%) | 2mo | $298,000 | $189 | 54 |
| 2409 Barraud Ave | 0.49mi | 4/2.5 | 1,950 (+12%) | 0mo | $340,000 | $174 | 51 |
| 910 Lindenwood Ave | 0.62mi | 4/3.0 | 1,600 (-8%) | 0mo | $322,000 | $201 | 50 |
| 831 Marshall Ave | 0.67mi | 3/2.5 (-1) | 1,520 (-12%) | 1mo | $340,000 | $224 | 36 |
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 · 6.12% rent growth · sell at horizon
- IRR
- 17.6%
- Equity multiple
- 1.74×
- Total profit
- $28,989
- Equity at exit
- $20,860
- IRR
- 28.2%
- Equity multiple
- 3.89×
- Total profit
- $113,025
- Equity at exit
- $12,096
Cash invested: $39,172 (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
Active competition Active MLS
- For sale now
- 35 active · 52 under contract
- Months of supply
- 3.7 mo (27%/mo absorbed)
- Median asking
- $318,999 ($182/sqft)
- Median days on market
- 36 d
- This list price
- 6% of active listings are priced below it
- ARV vs active asking
- -17.8% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 23504
- Home prices YoY
- -6.2%
- Rents YoY
- 6.1%
- Active inventory
- 209
- Price-to-rent
- 5.5×
Monthly cashflow live
- Estimated rent
- $2,118 high interval (Pro) →
- Mortgage (P&I)
- −$734
- Tax from tax record
- −$178 /mo · $2,139/yr
- Insurance
- −$58
- HOA
- −$0
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$445
- Net cashflow
- $703
Break-even live
Sensitivity live
| Price | -10% $782 | -5% $743 | +0% $703 | +5% $663 | +10% $624 |
|---|---|---|---|---|---|
| Rent | -10% $536 | -5% $619 | +0% $703 | +5% $787 | +10% $870 |
| Rate | -1.0pp $773 | -0.5pp $738 | base $703 | +0.5pp $667 | +1.0pp $630 |
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
- $34,975
- Closing costs
- $4,197
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- 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 |
|---|---|---|---|---|---|---|---|---|
| 1449 Proescher St Norfolk, VA | 3.0 | 1.5 | 1400 | $1,550 | $1.11 | 64d | 1 | 0.19mi |
| 1449 Proescher St Norfolk, VA | 3.0 | 1.5 | 1400 | $1,550 | $1.11 | 119d | 1 | 0.19mi |
| 1021 Billings St Norfolk, VA | 5.0 | 3.0 | 2100 | $2,600 | $1.24 | 67d | 1 | 0.26mi |
| 830 Lexington St Norfolk, VA | 3.0 | 2.5 | 1804 | $1,950 | $1.08 | 139d | 1 | 0.32mi |
| 766 A Ave Norfolk, VA | 5.0 | 2.0 | 1544 | $1,400 | $0.91 | 139d | 1 | 0.42mi |
| 962 Maltby Ave Norfolk, VA | 3.0 | 2.5 | 1549 | $2,100 | $1.36 | 5d | 1 | 0.47mi |
| 2335 Courtney Ave Norfolk, VA | 3.0 | 1.0 | 1073 | $1,600 | $1.49 | 88d | 1 | 0.47mi |
| 1403 Lead St Norfolk, VA | 4.0 | 2.5 | 1854 | $2,550 | $1.38 | 139d | 1 | 0.48mi |
| 764 B Ave Norfolk, VA | 3.0 | 3.0 | 1380 | $1,795 | $1.30 | 64d | 1 | 0.48mi |
| 764 B Ave Norfolk, VA | 3.0 | 2.5 | 1380 | $1,795 | $1.30 | 116d | 1 | 0.48mi |
| 907 Rugby St Norfolk, VA | 3.0 | 2.0 | 1515 | $2,200 | $1.45 | 139d | 1 | 0.57mi |
| 881 Rugby St Norfolk, VA | 3.0 | 2.0 | 1600 | $2,650 | $1.66 | 119d | 1 | 0.59mi |
| 869 Rugby St Norfolk, VA | 3.0 | 2.0 | 1440 | $1,795 | $1.25 | 10d | 1 | 0.61mi |
| 820 Maltby Cres Norfolk, VA | 3.0 | 2.5 | 1850 | $2,395 | $1.29 | 119d | 1 | 0.62mi |
| 2529 Tidewater Dr Norfolk, VA | 3.0 | 2.5 | 2025 | $2,270 | $1.12 | 67d | 1 | 0.62mi |
| 925 Madison Ave Norfolk, VA | 3.0 | 1.5 | 1220 | $1,950 | $1.60 | 94d | 1 | 0.63mi |
| 645 Church St Norfolk, VA | 1.0–3.0 | 1.0–2.0 | 881 | $1,979 | $2.25 | 0d | 8 | 0.64mi |
| 1058 Mapole Ave Norfolk, VA | 3.0 | 1.5 | 1317 | $2,000 | $1.52 | 5d | 1 | 0.72mi |
| 1033 Mapole Ave Norfolk, VA | 4.0 | 1.0 | 1266 | $1,995 | $1.58 | 82d | 1 | 0.74mi |
| 2615 Somme Ave Norfolk, VA | 3.0 | 2.0 | 1470 | $2,450 | $1.67 | 75d | 1 | 0.77mi |
| 2605 Bapaume Ave Norfolk, VA | 3.0 | 2.0 | 2004 | $2,295 | $1.15 | 139d | 1 | 0.79mi |
| 1022 Kenton Ave Norfolk, VA | 4.0 | 2.0 | 1400 | $2,300 | $1.64 | 77d | 1 | 0.80mi |
| 430 Church St Norfolk, VA | 1.0–5.0 | 1.0–3.0 | 1285 | $1,770 | $1.38 | 0d | 135 | 0.81mi |
| 1400 Granby St Norfolk, VA | 2.0–3.0 | 1.5–2.0 | 1140 | $2,060 | $1.81 | 94d | 2 | 0.84mi |
| 1012 Oaklawn Ave Norfolk, VA | 3.0 | 2.0 | 1100 | $1,850 | $1.68 | 75d | 1 | 0.84mi |
| 1400 Granby St #104 Norfolk, VA | 3.0 | 2.0 | 1305 | $2,060 | $1.58 | 81d | 1 | 0.86mi |
| 2504 Tait Ct Norfolk, VA | 3.0 | 1.5 | 1255 | $2,100 | $1.67 | 77d | 1 | 0.87mi |
| 2721 Vimy Ridge Ave Norfolk, VA | 3.0 | 1.5 | 1231 | $1,950 | $1.58 | 10d | 1 | 0.91mi |
| 2729 Somme Ave Norfolk, VA | 3.0 | 2.5 | 1524 | $2,295 | $1.51 | 110d | 1 | 0.92mi |
| 2660 Chesapeake Blvd Norfolk, VA | 3.0 | 2.0 | 1375 | $2,100 | $1.53 | 113d | 1 | 0.93mi |
| 2700 Myrtle Ave Norfolk, VA | 3.0 | 3.0 | 1888 | $2,600 | $1.38 | 139d | 1 | 0.96mi |
| 2807 Dunkirk Ave Norfolk, VA | 3.0 | 2.0 | 1400 | $2,100 | $1.50 | 2d | 1 | 0.99mi |
| 2728 E Virginia Beach Blvd Norfolk, VA | 4.0 | 2.0 | 1845 | $2,150 | $1.17 | 69d | 1 | 0.99mi |
| 351 Pender Ct Norfolk, VA | 3.0 | 3.5 | 2131 | $3,200 | $1.50 | 67d | 1 | 1.04mi |
| 2835 Somme Ave Norfolk, VA | 3.0 | 1.0 | 1088 | $2,000 | $1.84 | 10d | 1 | 1.04mi |
| 420 Monticello Ave Norfolk, VA | 1.0–3.0 | 1.0–3.0 | 1135 | $3,079 | $2.71 | 0d | 19 | 1.06mi |
| 2914 Peronne Ave Norfolk, VA | 4.0 | 2.0 | 1764 | $2,495 | $1.41 | 119d | 1 | 1.14mi |
| 1801 Saint Denis Ave Unit 3 Norfolk, VA | 4.0 | 2.0 | 1500 | $2,400 | $1.60 | 119d | 1 | 1.14mi |
| 2531 Vincent Ave Norfolk, VA | 3.0 | 2.0 | 1600 | $2,195 | $1.37 | 139d | 1 | 1.20mi |
| 3000 Peronne Ave Norfolk, VA | 3.0 | 1.5 | 1599 | $2,395 | $1.50 | 10d | 1 | 1.21mi |
Listing history 50 events
-
2026-09-24days on market $139,900 Active 199 DOM
-
2026-09-23days on market $139,900 Active 198 DOM
-
2026-09-22days on market $139,900 Active 197 DOM
-
2026-09-21days on market $139,900 Active 196 DOM
-
2026-09-20days on market $139,900 Active 195 DOM
-
2026-09-19days on market $139,900 Active 194 DOM
-
2026-09-18days on market $139,900 Active 193 DOM
-
2026-09-17days on market $139,900 Active 192 DOM
-
2026-09-16days on market $139,900 Active 191 DOM
-
2026-09-15days on market $139,900 Active 190 DOM
-
2026-09-14days on market $139,900 Active 189 DOM
-
2026-09-13days on market $139,900 Active 188 DOM
-
2026-09-12days on market $139,900 Active 187 DOM
-
2026-09-11days on market $139,900 Active 186 DOM
-
2026-09-05days on market $139,900 Active 180 DOM
-
2026-09-04days on market $139,900 Active 179 DOM
-
2026-09-03days on market $139,900 Active 178 DOM
-
2026-08-31days on market $139,900 Active 175 DOM
-
2026-08-30days on market $139,900 Active 174 DOM
-
2026-08-29days on market $139,900 Active 173 DOM
-
2026-08-28days on market $139,900 Active 172 DOM
-
2026-08-27days on market $139,900 Active 171 DOM
-
2026-08-25days on market $139,900 Active 169 DOM
-
2026-08-24days on market $139,900 Active 168 DOM
-
2026-08-23days on market $139,900 Active 167 DOM
-
2026-08-22days on market $139,900 Active 166 DOM
-
2026-08-21days on market $139,900 Active 165 DOM
-
2026-08-20days on market $139,900 Active 164 DOM
-
2026-08-19days on market $139,900 Active 163 DOM
-
2026-08-18days on market $139,900 Active 162 DOM
-
2026-08-17days on market $139,900 Active 161 DOM
-
2026-08-16days on market $139,900 Active 160 DOM
-
2026-08-15days on market $139,900 Active 159 DOM
-
2026-08-14days on market $139,900 Active 158 DOM
-
2026-08-13days on market $139,900 Active 157 DOM
-
2026-08-12days on market $139,900 Active 156 DOM
-
2026-08-11days on market $139,900 Active 155 DOM
-
2026-08-10days on market $139,900 Active 154 DOM
-
2026-08-09days on market $139,900 Active 153 DOM
-
2026-08-08days on market $139,900 Active 152 DOM
-
2026-08-07days on market $139,900 Active 151 DOM
-
2026-08-06days on market $139,900 Active 150 DOM
-
2026-08-05days on market $139,900 Active 149 DOM
-
2026-08-04days on market $139,900 Active 148 DOM
-
2026-08-03days on market $139,900 Active 147 DOM
-
2026-07-31days on market $139,900 Active 144 DOM
-
2026-07-30days on market $139,900 Active 142 DOM
-
2026-07-28days on market $139,900 Active 141 DOM
-
2026-07-26days on market $139,900 Active 139 DOM
-
2026-07-24days on market $139,900 Active 137 DOM
ⓘ 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
- $2,139 · $178/mo
- Projected year-2 tax
- $2,139 · $178/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 3/10 Moderate FEMA zone X (unshaded) · 10% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 9/10 Extreme 7 d/yr ≥106°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
- $25,414
- − Mortgage interest
- −$7,837
- − Property taxes
- −$2,139
- − Insurance
- −$700
- − Repairs & maintenance
- −$2,033
- − Management
- −$2,033
- − Depreciation
- −$4,070
- Taxable income
- $6,603
- Est. tax owed @ 24.0%
- −$1,585
- After-tax cash flow
- $6,850/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.
Condition & rehab AI · 2 photos
The home is in good condition with recent renovations, but some landscaping and exterior painting would further enhance its curb appeal and value.
Value-add opportunities
- Both Landscaping — Improves curb appeal and enhances property value ↑
- Both Painting exterior — Fresh paint can make the home look more appealing and maintain its value ↑
- Both Landscaping and yard maintenance — A well-maintained yard can increase both resale and rental value ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
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 · 249,032 people
- City population
- 214,042
- Metro
- Virginia Beach-Norfolk-Newport News, VA-NC
- Population (ZIP)
- 23,502
- Household income
- $44,659
- Rent vs Own
- Severe rent burden
- 11% of renters
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
- Predominantly Black (78%)
- Race & ethnicity
- Black 78% White 12% Two or more races 5% Hispanic / Latino 3%
- Common ancestry
- Lithuanian 1% Slovak 1%
- Foreign-born
- 3% · Canada
- Languages at home
- 94% English-only · Spanish 4% French/Haitian/Cajun 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
- ▼ -21.60%
- Current HPI
- 327.2374
- Rent YoY
- ▲ 6.12%
- 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 |
|
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Price history
-36.4% since first listed27 events — show timeline
- 2026-03-03 Listed $139,900 REINMLS
- 2025-10-12 Listing Removed — REINMLS
- 2025-10-09 Relisted — REINMLS
- 2025-08-20 Pending — REINMLS
- 2025-07-01 Listing Removed — REINMLS
- 2025-07-01 Listed $124,900 REINMLS
- 2025-06-30 Relisted — REINMLS
- 2025-06-16 Pending — REINMLS
- 2025-06-03 Contingent — REINMLS
- 2025-05-15 Price Changed $124,900 REINMLS
- 2025-01-08 Listed $155,000 REINMLS
- 2024-12-31 Listing Removed — REINMLS
- 2024-11-29 Price Changed $155,000 REINMLS
- 2024-11-27 Relisted — REINMLS
- 2024-11-27 Contingent — REINMLS
- 2024-11-13 Price Changed $160,000 REINMLS
- 2024-11-01 Price Changed $165,000 REINMLS
- 2024-10-08 Price Changed $178,000 REINMLS
- 2024-09-17 Price Changed $179,999 REINMLS
- 2024-08-31 Price Changed $184,999 REINMLS
- 2024-08-18 Price Changed $185,000 REINMLS
- 2024-08-04 Price Changed $190,000 REINMLS
- 2024-07-26 Price Changed $195,000 REINMLS
- 2024-07-22 Price Changed $199,000 REINMLS
- 2024-07-19 Price Changed $200,000 REINMLS
- 2024-07-13 Price Changed $210,000 REINMLS
- 2024-06-07 Listed $220,000 REINMLS
Property tax history
+4.8%/yrLatest (2025): $2,139 · +7.2% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…