Northwest, VA Housing Statistics

A+

21%

Med. Home Val. NAT. AVG.

30%

Rent NAT. AVG.

14%

Owner Occ. NAT. AVG.

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Northwest Housing Information

Index	Northwest	Virginia Beach	Virginia
Median home price	$222,884	$287,400	$248,400
Median rent asked	$1,237	$1,380	$1,135
Avg. people per household	2.5	2.5	2.6
Owner occupied households	54.6%	64.7%	65.8%
Renter occupied households	45.4%	35.3%	34.2%

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Housing Quick Facts

The median home price in Northwest is 21% higher than the national average.
The median rent asked in Northwest is 30% higher than the national average.
The average number of people per household in Northwest is 5% lower than the national average.
The number of owner occupied households in Northwest is 14% lower than the national average.
The number of renter occupied households in Northwest is 25% higher than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Portsmouth, VA	94,961	$174,200	6%
Hampton, VA	135,169	$188,600	2%
Norfolk, VA	244,300	$215,800	17%
Chesapeake, VA	242,647	$286,000	55%
Virginia Beach, VA	450,882	$287,400	56%

Cities with similar population

	Population	Home Price	National Avg.
Miami, FL	461,080	$344,300	86%
Long Beach, CA	462,081	$584,200	216%
Raleigh, NC	469,698	$266,900	45%
Colorado Springs, CO	471,686	$294,500	59%
Minneapolis, MN	424,536	$268,100	45%
Virginia Beach, VA	450,882	$287,400	56%

Source: The Northwest, Virginia Beach, VA housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).