Sewells Point median real estate price is $323,567, which is less expensive than 69.5% of Virginia neighborhoods and 57.9% of all U.S. neighborhoods.
The average rental price in Sewells Point is currently $3,167, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 79.4% of the neighborhoods in Virginia.
Sewells Point is a suburban neighborhood (based on population density) located in Norfolk, Virginia. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Sewells Point real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) townhomes and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Sewells Point neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Real estate vacancies in Sewells Point are 5.5%, which is lower than one will find in 60.9% of American neighborhoods. Demand for real estate in Sewells Point is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Norfolk, the Sewells Point neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Sewells Point is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, Sewells Point is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.
In addition, many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the Sewells Point neighborhood could be your paradise. With 72.1% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 0.4% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.
Furthermore, renter-occupied real estate is dominant in the Sewells Point neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 100.0%, which is higher than 99.3% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
With 31.7% of employed workers living in the Sewells Point neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 99.8% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.
In the Sewells Point neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 22.3% of residents here. This is a higher proportion of walking commuters than we found in 98.5% of American neighborhoods. Get ready to put on your walking shoes if you move here!
Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Sewells Point neighborhood. In the Sewells Point neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 98.9% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
Significantly, 0.5% of its residents five years old and above primarily speak Mon-Khmer, which is the dominant language of Cambodia, at home. While this may seem like a small percentage, it is higher than 97.7% of the neighborhoods in America.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Sewells Point neighborhood in Norfolk are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 91.1% of U.S. neighborhoods. With 11.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 54.9% of U.S. neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Sewells Point neighborhood, 35.9% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is the military, with 31.7% of the residents employed. Other residents here are employed in executive, management, and professional occupations (25.9%), and 19.2% in manufacturing and laborer occupations.
The most common language spoken in the Sewells Point neighborhood is English, spoken by 81.9% of households. Some people also speak Spanish (11.1%).
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the Sewells Point neighborhood in Norfolk, VA, residents most commonly identify their ethnicity or ancestry as Mexican (11.3%). There are also a number of people of German ancestry (8.3%), and residents who report Irish roots (6.0%), and some of the residents are also of Asian ancestry (5.2%), along with some Puerto Rican ancestry residents (3.4%), among others.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Sewells Point neighborhood spend under 15 minutes commuting one-way to work (55.5% of working residents), one of the shortest commutes across America.
Here most residents (60.1%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (22.3%) and 10.8% of residents also carpool with coworkers, friends, or neighbors for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.