Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Colonial Place Riverview area can be challenging. Home prices in Colonial Place Riverview are now at a median cost of $266,164, higher than the Norfolk average of $234,953.
The average cost of rent is $1,239/mo in Colonial Place Riverview, primarily driven by the current value of real estate in the Colonial Place Riverview area. While nearly 18.97% of residents own their homes outright in Colonial Place Riverview, 49.34% rent.
Housing affordability isn’t just about home prices, though. The average household income in Colonial Place Riverview is $5,983 per month. Households that rent pay about 20.70% of their income on rent here. Colonial Place Riverview's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Nearby Neighborhoods
- Park Place, Norfolk, VA: less expensive homes
- Highland Park, Norfolk, VA: less expensive homes
- Lindenwood, Norfolk, VA: less expensive homes
- Larchmont-Edgewater, Norfolk, VA: higher priced homes
- Lamberts Point, Norfolk, VA: higher priced homes
- Ghent, Norfolk, VA: higher priced homes
- Fairmont Park, Norfolk, VA: less expensive homes
- Ghent Square, Norfolk, VA: higher priced homes
- Suburban Acres, Norfolk, VA: equally priced homes
- Ballentine Place, Norfolk, VA: less expensive homes
Neighborhoods with Similar Populations
- Amity, New Haven, CT: less expensive homes
- Homestead Heights, Rochester, NY: less expensive homes
- Scarritt Renaissance, Kansas City, MO: less expensive homes
- Sharon, Orem, UT: equally priced homes
- Lindsay Park, Milwaukee, WI: less expensive homes
- Lincoln Villas, Jacksonville, FL: less expensive homes
- Las Lomas, Laredo, TX: less expensive homes
- Lakewood, Jacksonville, FL: less expensive homes
- Snohomish Cascade, Silver Firs, WA: higher priced homes
- South Addition, Anchorage, AK: higher priced homes
All Local Stats
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