Market Snapshot
Elma, Howard County, IA is a city market with a median home price of $200,681, a median monthly rent of $807, a GRM of 21.0x, and a price-to-rent ratio of 20.7.
Elma, Howard County, IA
Median Home Price Price
$200,681 $200.7K
Median Monthly Rent Rent
$807 $807
21.0x
Home price / annual rentLog in to save this market to your dashboard.
Comparable Markets
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Price
$153.1K
Rent
$728
GRM
18.0x
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Home prices
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Monthly rent
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GRM = home price / annual rent
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Region
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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
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Monthly rent
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GRM = home price / annual rent
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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
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Monthly rent
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GRM = home price / annual rent
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Similar markets map
Elma
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Benchmark comparison
Compare Elma, IA to another market.
Compare to
Chester, IA
Elma, IA
Chester, IA
Delta
Median rent
$807
N/A
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Median price
$200,681
N/A
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YoY change
+$67
N/A
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Price-to-rent
20.7x
Data unavailable
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Key takeaways
- Elma, Howard County, IA has a higher-grm screening profile: At 21.0x GRM, current rent may provide less support for the purchase price.
- Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
- Rent momentum is positive, with median rent up about $67 year over year.
- Next discovery step: compare Chester, Howard County, IA from the Same county set.