Market Summary

Pelham, Shelby County, AL

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Median Home Price Price

$308,333 $308.3K

Median Monthly Rent Rent

$1,808 $1.8K

GRM

14.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Shelby County

Region Price Rent GRM Display
$289,427 $1,398 17.0x
$346,417 $1,949 15.0x
$374,195 $1,512 21.0x

Home prices

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Monthly rent

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GRM

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Similar markets within AL outside of Shelby County

Region Price Rent GRM Display
$202,867 $1,072 16.0x
$247,654 $1,082 19.0x
$241,503 $978 21.0x
$222,005 $1,014 18.0x
$306,528 $1,764 14.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of AL

Region Price Rent GRM Display
$388,019 $1,805 18.0x
$396,941 $1,990 17.0x
$724,703 $1,806 33.0x
$216,992 $1,090 17.0x
$163,282 $1,128 12.0x
$387,270 $1,712 19.0x
$297,148 $1,709 14.0x
$253,810 $1,306 16.0x
$484,651 $1,780 23.0x
$249,843 $1,148 18.0x
$444,437 $1,754 21.0x
$365,668 $1,945 16.0x
$454,429 $1,800 21.0x
$317,312 $1,629 16.0x
$509,868 $1,817 23.0x
$320,131 $1,596 17.0x
$597,372 $1,821 27.0x
$419,292 $1,979 18.0x
$381,619 $1,784 18.0x
$420,245 $2,113 17.0x
$323,989 $983 27.0x
$358,160 $1,740 17.0x
$304,326 $1,583 16.0x
$479,459 $1,828 22.0x
$502,307 $2,379 18.0x
$346,831 $1,688 17.0x
$336,543 $1,810 15.0x
$370,127 $2,137 14.0x
$103,118 $701 12.0x
$644,172 $1,718 31.0x
$311,930 $1,674 16.0x
$579,819 $1,727 28.0x
$299,638 $1,351 19.0x
$172,963 $991 15.0x
$596,288 $1,714 29.0x
$532,017 $1,678 26.0x

Home prices

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Monthly rent

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GRM

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Pelham

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Trend Insights

Median Rent in Pelham, AL is $1,808, with MoM change +$15 and YoY change +$72 pointing to positive momentum while volatility is low (std $16).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Pelham, AL.

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Metric
Base market Pelham, AL
Compare market Select a market
Delta vs base
Median rent
$1,808
N/A
Median price
$308,333
N/A
YoY change
+$72
N/A
Price-to-rent
14.2x
Data unavailable
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