Herrick, Shelby County, IL

Median Home Price Price

$162,491 $162.5K

Median Monthly Rent Rent

$754 $754

18.0x

Market Snapshot

Herrick, Shelby County, IL is a city market with a median home price of $162,491, a median monthly rent of $754, a GRM of 18.0x, and a price-to-rent ratio of 18.0.

More markets to explore

01 Cowden, Shelby County, IL
Top recommendation Nearby alternative Lower GRM Lower entry Higher rent
High confidence
Price $149.9K
Rent $874
GRM 14.0x
Explore the data
Region Show
Cowden
$150K $874 14.0x

Home prices

Monthly rent

GRM = home price / annual rent

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Belknap, Massac County, IL Explore deeper
$159K $870 15.0x
Irving, Montgomery County, IL
$129K $622 17.0x
Beecher City, Fayette County, IL
$176K $853 17.0x

Home prices

Monthly rent

GRM = home price / annual rent

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Dendron, Surry County, VA Explore deeper
$218K $2.4K 8.0x
Wayne, Passaic County, NJ Explore deeper
$702K $2.8K 21.0x
Perry, Washington County, ME Explore deeper
$189K $324 49.0x

Home prices

Monthly rent

GRM = home price / annual rent

Herrick

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Benchmark comparison

Rent in Herrick, IL is 13.7% lower than Cowden, IL.

Compare to Cowden, IL
Herrick, IL
Cowden, IL
Delta
Median rent
$754
$874
+$120
Median price
$162,491
$149,888
-$12,603
YoY change
+$29
+$40
+$11
Price-to-rent
18.0x
14.3x
-3.7x

Key takeaways

  • Herrick, Shelby County, IL has a middle-grm screening profile: At 18.0x 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 $29 year over year.
  • Rent in Herrick, IL is 13.7% lower than Cowden, IL.