Neighborhood Profile

Pinewell

Norfolk, VA | Norfolk City
Scored premium profile
Best Neighborhoods USA Index
Not available
National rank: Not available
Stability and Strength
Not available
Score
Value Opportunity
Not available
Score
Momentum
60.7
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationNorfolk, VA
CountyNorfolk City
National rankNot available
State rankNot available
City rankNot available
County rankNot available
National percentileNot available
National bandNot available
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market

Reach consumers while they are actively deciding where to live.

Inquire about this market
Unsold commercial placement. No local expert is currently assigned.

Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$487,041
Year-over-year home value change2.2%
Month-over-month home value change0.03%
Home value to income ratioNot available
Median household incomeNot available
Bachelor's degree or higher59.6%
Civilian unemployment rate0.5%
Homeownership rate49.7%
Housing vacancy rate5.7%
Rent burden 30% or higher63.9%

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 Pinewell

What is the Best Neighborhoods USA ranking for Pinewell?

Pinewell is ranked No published Norfolk rank is currently available; No published VA rank is currently available; and No published the United States rank is currently available.

Is Pinewell one of the best neighborhoods in Norfolk?

Pinewell has a Best Neighborhoods USA Index of Not available and a city ranking of No published Norfolk rank is currently available.

How much are homes worth in Pinewell?

The current Zillow Home Value Index for Pinewell is approximately $487,041.

Are home values rising or falling in Pinewell?

Zillow neighborhood values changed 2.2% year over year and 0.03% month over month.

What is the Neighborhood Momentum Score for Pinewell?

Pinewell has a Neighborhood Momentum Score of 60.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Pinewell?

The NDS-derived neighborhood median household income is approximately Not available.

How affordable is Pinewell relative to household income?

The current Zillow home-value-to-household-income ratio is Not available. Price-to-income affordability is a major Value Opportunity input.

Is Pinewell primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 49.7%.

What is the unemployment rate in Pinewell?

The NDS-derived civilian unemployment rate is approximately 0.5%.

How educated are residents of Pinewell?

Approximately 59.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Pinewell face high rent burden?

Approximately 63.9% 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 Pinewell?

The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.

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 applications22
Estimated originations14
Home-purchase applications10
Origination rate63.6%
Home-purchase share46.5%
Average application loan$252,778
Total application loan amount$5,603,239
National application rank#10,303 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -23.3% YoY; originations -12.5% 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.