Nora Springs, Floyd County, IA

Median Home Price Price

$175,918 $175.9K

Median Monthly Rent Rent

$907 $907

16.0x

Market Snapshot

Nora Springs, Floyd County, IA is a city market with a median home price of $175,918, a median monthly rent of $907, a GRM of 16.0x, and a price-to-rent ratio of 16.2.

More markets to explore

Top recommendation Nearby alternative Lower GRM Lower price
High confidence
Price $131.6K
Rent $867
GRM 13.0x
Explore the data
Region Show
Charles City
$132K $867 13.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Similar markets map

Nora Springs

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Benchmark comparison

Rent in Nora Springs, IA is 4.6% higher than Charles City, IA.

Nora Springs, IA
Charles City, IA
Delta
Median rent
$907
$867
-$40
Median price
$175,918
$131,585
-$44,333
YoY change
+$62
+$66
+$4
Price-to-rent
16.2x
12.6x
-3.6x

Key takeaways

  • Nora Springs, Floyd County, IA has a middle-grm screening profile: At 16.0x GRM, price and rent sit in a less extreme screening range.
  • The investment thesis may depend more on trend quality and local context than on GRM alone.
  • Rent momentum is positive, with median rent up about $62 year over year.
  • Rent in Nora Springs, IA is 4.6% higher than Charles City, IA.