| Context | Value |
|---|
| Location | Norfolk, VA |
| County | Norfolk City |
| National rank | #2,176 of 14,967 |
| State rank | #96 of 518 |
| City rank | #11 of 114 |
| County rank | #11 of 114 |
| National percentile | 85.5 |
| National band | TOP_25_PERCENT |
Housing and local fundamentals
| Housing and market metrics | Value |
|---|
| Current Zillow home value | $335,089 |
| Year-over-year home value change | 1.9% |
| Month-over-month home value change | 0.78% |
| Home value to income ratio | 3.89 |
| Median household income | $86,114 |
| Bachelor's degree or higher | 30.4% |
| Civilian unemployment rate | 1.0% |
| Homeownership rate | 77.0% |
| Housing vacancy rate | 3.5% |
| Rent burden 30% or higher | 54.6% |
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 North Camellia Acres
What is the Best Neighborhoods USA ranking for North Camellia Acres?
North Camellia Acres is ranked #11 of 114 eligible neighborhoods in Norfolk; #96 of 518 eligible neighborhoods in VA; and #2,176 of 14,967 eligible neighborhoods in the United States.
Is North Camellia Acres one of the best neighborhoods in Norfolk?
North Camellia Acres has a Best Neighborhoods USA Index of 66.3 and a city ranking of #11 of 114 eligible neighborhoods in Norfolk.
How much are homes worth in North Camellia Acres?
The current Zillow Home Value Index for North Camellia Acres is approximately $335,089.
Are home values rising or falling in North Camellia Acres?
Zillow neighborhood values changed 1.9% year over year and 0.78% month over month.
What is the Neighborhood Momentum Score for North Camellia Acres?
North Camellia Acres has a Neighborhood Momentum Score of 72.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in North Camellia Acres?
The NDS-derived neighborhood median household income is approximately $86,114.
How affordable is North Camellia Acres relative to household income?
The current Zillow home-value-to-household-income ratio is 3.89. Price-to-income affordability is a major Value Opportunity input.
Is North Camellia Acres primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 77.0%.
What is the unemployment rate in North Camellia Acres?
The NDS-derived civilian unemployment rate is approximately 1.0%.
How educated are residents of North Camellia Acres?
Approximately 30.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in North Camellia Acres face high rent burden?
Approximately 54.6% 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 North Camellia Acres?
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
FULL_OR_NEAR_FULL
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 applications87
Estimated originations53
Home-purchase applications31
Origination rate60.7%
Home-purchase share35.4%
Average application loan$211,705
Total application loan amount$18,478,852
National application rank#4,875 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 66.4% YoY; originations 65.4% 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.