What is the Best Neighborhoods USA ranking for Greenhill Farms?
Greenhill Farms is ranked #27 of 114 eligible neighborhoods in Norfolk; #182 of 518 eligible neighborhoods in VA; and #4,309 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Greenhill Farms
Norfolk, VA | Norfolk City
Scored premium profile
Best Neighborhoods USA Index
59.1
Stability and Strength
60.2
Value Opportunity
68.7
Momentum
44.0
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Norfolk, VA |
| County | Norfolk City |
| National rank | #4,309 of 14,967 |
| State rank | #182 of 518 |
| City rank | #27 of 114 |
| County rank | #27 of 114 |
| National percentile | 71.2 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $291,929 |
| Year-over-year home value change | 0.5% |
| Month-over-month home value change | -0.15% |
| Home value to income ratio | 2.72 |
| Median household income | $107,253 |
| Bachelor's degree or higher | 36.7% |
| Civilian unemployment rate | 5.6% |
| Homeownership rate | 84.0% |
| Housing vacancy rate | 8.5% |
| Rent burden 30% or higher | 37.7% |
How to read this profile
- Ranks are always shown with denominators.
- Momentum reflects both year-over-year and month-over-month housing change.
- Stability and Strength and Value Opportunity are governed composite scores.
- Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers
Questions About Living in Greenhill Farms
Is Greenhill Farms one of the best neighborhoods in Norfolk?
Greenhill Farms has a Best Neighborhoods USA Index of 59.1 and a city ranking of #27 of 114 eligible neighborhoods in Norfolk.
How much are homes worth in Greenhill Farms?
The current Zillow Home Value Index for Greenhill Farms is approximately $291,929.
Are home values rising or falling in Greenhill Farms?
Zillow neighborhood values changed 0.5% year over year and -0.15% month over month.
What is the Neighborhood Momentum Score for Greenhill Farms?
Greenhill Farms has a Neighborhood Momentum Score of 44.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Greenhill Farms?
The NDS-derived neighborhood median household income is approximately $107,253.
How affordable is Greenhill Farms relative to household income?
The current Zillow home-value-to-household-income ratio is 2.72. Price-to-income affordability is a major Value Opportunity input.
Is Greenhill Farms primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 84.0%.
What is the unemployment rate in Greenhill Farms?
The NDS-derived civilian unemployment rate is approximately 5.6%.
How educated are residents of Greenhill Farms?
Approximately 36.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Greenhill Farms face high rent burden?
Approximately 37.7% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.
How does Best Neighborhoods USA score Greenhill Farms?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.
Governed ranking context
How this neighborhood ranks
HMDA Mortgage Intelligence
Neighborhood Mortgage Market
Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.
Activity year2024
Estimated applications56
Estimated originations33
Home-purchase applications27
Origination rate58.3%
Home-purchase share47.4%
Average application loan$229,538
Total application loan amount$12,936,167
National application rank#6,765 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 4.9% YoY; originations 7.3% YoY
Mortgage methodology
HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.