Neighborhood Profile

South Bayview

Norfolk, VA | Norfolk City
Scored premium profile
Best Neighborhoods USA Index
64.0
National rank: #2,748 of 14,967
Stability and Strength
62.6
Score
Value Opportunity
65.8
Score
Momentum
63.9
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationNorfolk, VA
CountyNorfolk City
National rank#2,748 of 14,967
State rank#118 of 518
City rank#17 of 114
County rank#17 of 114
National percentile81.7
National bandTOP_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$330,495
Year-over-year home value change1.0%
Month-over-month home value change0.55%
Home value to income ratio3.83
Median household income$86,219
Bachelor's degree or higher34.3%
Civilian unemployment rate1.6%
Homeownership rate73.4%
Housing vacancy rate5.7%
Rent burden 30% or higher46.2%

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 South Bayview

What is the Best Neighborhoods USA ranking for South Bayview?

South Bayview is ranked #17 of 114 eligible neighborhoods in Norfolk; #118 of 518 eligible neighborhoods in VA; and #2,748 of 14,967 eligible neighborhoods in the United States.

Is South Bayview one of the best neighborhoods in Norfolk?

South Bayview has a Best Neighborhoods USA Index of 64.0 and a city ranking of #17 of 114 eligible neighborhoods in Norfolk.

How much are homes worth in South Bayview?

The current Zillow Home Value Index for South Bayview is approximately $330,495.

Are home values rising or falling in South Bayview?

Zillow neighborhood values changed 1.0% year over year and 0.55% month over month.

What is the Neighborhood Momentum Score for South Bayview?

South Bayview has a Neighborhood Momentum Score of 63.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in South Bayview?

The NDS-derived neighborhood median household income is approximately $86,219.

How affordable is South Bayview relative to household income?

The current Zillow home-value-to-household-income ratio is 3.83. Price-to-income affordability is a major Value Opportunity input.

Is South Bayview primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 73.4%.

What is the unemployment rate in South Bayview?

The NDS-derived civilian unemployment rate is approximately 1.6%.

How educated are residents of South Bayview?

Approximately 34.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in South Bayview face high rent burden?

Approximately 46.2% 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 South Bayview?

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 applications115
Estimated originations71
Home-purchase applications60
Origination rate61.9%
Home-purchase share51.8%
Average application loan$239,842
Total application loan amount$27,634,717
National application rank#3,806 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 17.4% YoY; originations 15.8% 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.