Advance, Boone County, IN

Median Home Price Price

$206,036 $206K

Median Monthly Rent Rent

$1,286 $1.3K

13.0x

Market Snapshot

Advance, Boone County, IN is a city market with a median home price of $206,036, a median monthly rent of $1,286, a GRM of 13.0x, and a price-to-rent ratio of 13.4.

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.

More markets to explore

Top recommendation Within state Higher GRM Premium price Lower rent Rent momentum
High confidence
Price $230.3K
Rent $823
GRM 23.0x
Explore the data

No similar markets found for this scope.

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

Monthly rent

GRM = home price / annual rent

Region Show
$230K $823 23.0x

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

Monthly rent

GRM = home price / annual rent

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

Monthly rent

GRM = home price / annual rent

Similar markets map

Advance

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Benchmark comparison

Rent in Advance, IN is 56.3% higher than Clarks Hill, IN.

Advance, IN
Clarks Hill, IN
Delta
Median rent
$1,286
$823
-$463
Median price
$206,036
$230,330
+$24,294
YoY change
+$93
+$80
-$13
Price-to-rent
13.4x
23.3x
+9.9x

Key takeaways

  • Advance, Boone County, IN has a lower-grm screening profile: At 13.0x GRM, current rent may provide stronger support relative to price.
  • Low GRM can also reflect operating friction, softer appreciation expectations, or local risk that GRM does not capture.
  • Rent momentum is positive, with median rent up about $93 year over year.
  • Rent in Advance, IN is 56.3% higher than Clarks Hill, IN.