Promise City, Wayne County, IA Housing Trends, Rent, Price-to-Rent

Market Summary

Promise City, Wayne County, IA

Median Home Price Price

$193,212 $193.2K

Median Monthly Rent Rent

$1,321 $1.3K

GRM

12.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Promise City, IA is $1,321, with MoM change +$14 and YoY change +$100 pointing to positive momentum while volatility is low (std $23).

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Metric

Base market Promise City, IA

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Delta vs base

Median rent

$1,321

N/A

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Median price

$193,212

N/A

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YoY change

+$100

N/A

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Price-to-rent

12.2x

Data unavailable

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