Hennepin, Putnam County, IL

Median Home Price Price

$196,924 $196.9K

Median Monthly Rent Rent

$1,109 $1.1K

15.0x

Market Snapshot

Hennepin, Putnam County, IL is a city market with a median home price of $196,924, a median monthly rent of $1,109, a GRM of 15.0x, and a price-to-rent ratio of 14.8.

Comparable Markets

Use related city markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

Within Putnam

No same-county alternatives are available for this market yet.

More markets to explore

01 Sheffield, Bureau County, IL
Top recommendation Within state Lower GRM Lower price Similar rent Rent momentum
High confidence
Price $105.3K
Rent $1.1K
GRM 8.0x
Explore the data

No similar markets found for this scope.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Sheffield, Bureau County, IL
$105K $1.1K 8.0x
Rockford, Winnebago County, IL
$162K $1.3K 11.0x
Blue Mound, Christian County, IL
$140K $1.2K 10.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Livermore, Androscoggin County, ME
$279K $1.2K 19.0x
Stockwell, Tippecanoe County, IN
$230K $1.2K 17.0x
Wallace, Menominee County, MI
$209K $993 17.0x

Home prices

Monthly rent

GRM = home price / annual rent

Hennepin

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Benchmark comparison

Rent in Hennepin, IL is 1.2% lower than Sheffield, IL.

Compare to Sheffield, IL
Hennepin, IL
Sheffield, IL
Delta
Median rent
$1,109
$1,123
+$14
Median price
$196,924
$105,304
-$91,620
YoY change
+$92
+$94
+$2
Price-to-rent
14.8x
7.8x
-7.0x

Key takeaways

  • Hennepin, Putnam County, IL has a middle-grm screening profile: At 15.0x 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 $92 year over year.
  • Rent in Hennepin, IL is 1.2% lower than Sheffield, IL.