Market Summary

Melbourne, Marshall County, IA

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Median Home Price Price

$224,164 $224.2K

Median Monthly Rent Rent

$1,603 $1.6K

GRM

12.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Marshall County

No similar markets found for this scope.

Home prices

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Monthly rent

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GRM

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Similar markets within IA outside of Marshall County

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Home prices

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Monthly rent

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GRM

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Similar markets outside of IA

Region Price Rent GRM Display
$278,446 $1,558 15.0x
$284,310 $1,670 14.0x
$395,037 $1,423 23.0x
$443,070 $2,225 17.0x
$191,445 $1,025 16.0x
$143,974 $1,058 11.0x
$362,594 $1,239 24.0x
$303,504 $1,738 15.0x
$279,605 $916 25.0x
$139,665 $796 15.0x
$476,690 $1,573 25.0x
$166,545 $1,491 9.0x
$268,578 $1,556 14.0x
$258,908 $1,431 15.0x
$136,877 $1,038 11.0x
$173,146 $991 15.0x
$196,868 $1,380 12.0x
$332,446 $1,536 18.0x
$229,526 $1,637 12.0x
$340,782 $973 29.0x
$191,963 $1,142 14.0x
$360,459 $1,220 25.0x
$270,746 $884 26.0x
$575,489 $1,585 30.0x
$116,792 $1,011 10.0x
$430,853 $1,716 21.0x
$899,279 $1,857 40.0x
$160,578 $1,172 11.0x
$454,443 $1,775 21.0x
$274,490 $1,599 14.0x
$311,587 $1,411 18.0x
$756,671 $1,780 35.0x
$164,290 $1,032 13.0x
$311,820 $1,130 23.0x
$382,807 $1,535 21.0x
$185,582 $1,062 15.0x
$260,121 $946 23.0x
$244,397 $1,104 18.0x
$258,184 $1,484 15.0x
$214,778 $1,075 17.0x
$284,578 $1,369 17.0x
$125,423 $1,528 7.0x
$211,701 $1,424 12.0x

Home prices

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Monthly rent

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GRM

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Melbourne

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Trend Insights

Median Rent in Melbourne, IA is $1,603, with MoM change +$20 and YoY change +$186 pointing to positive momentum while volatility is low (std $50).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Melbourne, IA.

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Metric
Base market Melbourne, IA
Compare market Select a market
Delta vs base
Median rent
$1,603
N/A
Median price
$224,164
N/A
YoY change
+$186
N/A
Price-to-rent
11.7x
Data unavailable
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