Market Summary

Nappanee, Elkhart County, IN

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Median Home Price Price

$269,977 $270K

Median Monthly Rent Rent

$1,021 $1K

GRM

22.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Elkhart County

Region Price Rent GRM Display
$282,242 $1,264 19.0x
$348,486 $1,384 21.0x
$310,358 $1,326 20.0x
$258,913 $1,354 16.0x

Home prices

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Monthly rent

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GRM

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Similar markets within IN outside of Elkhart County

Region Price Rent GRM Display
$299,482 $1,026 24.0x
$258,298 $1,312 16.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of IN

Region Price Rent GRM Display
$194,811 $997 16.0x
$252,849 $972 22.0x
$336,563 $1,307 22.0x
$272,076 $1,022 22.0x
$240,172 $1,361 15.0x
$260,444 $1,051 21.0x
$447,922 $1,799 21.0x
$369,173 $1,277 24.0x
$271,980 $1,163 19.0x
$387,300 $967 33.0x
$338,967 $1,400 20.0x
$270,579 $965 23.0x
$313,267 $1,188 22.0x
$226,488 $1,306 15.0x
$291,766 $1,032 23.0x
$279,627 $1,261 19.0x
$368,510 $1,314 23.0x
$208,521 $1,028 17.0x
$341,168 $2,203 13.0x
$374,836 $1,301 24.0x
$266,225 $1,187 19.0x
$316,825 $1,380 19.0x
$270,411 $1,072 21.0x
$161,923 $1,212 11.0x
$282,447 $998 24.0x
$331,913 $1,557 18.0x
$254,001 $976 22.0x
$329,112 $1,108 25.0x
$286,503 $1,438 17.0x
$184,475 $947 16.0x
$355,720 $1,527 19.0x
$252,062 $1,102 19.0x
$289,114 $1,298 19.0x
$292,224 $1,048 23.0x
$320,311 $1,323 20.0x

Home prices

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Monthly rent

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GRM

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Nappanee

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Trend Insights

Median Rent in Nappanee, IN is $1,021, with MoM change +$12 and YoY change +$83 pointing to positive momentum while volatility is low (std $21).

Benchmark Markets Side by Side

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Metric
Base market Nappanee, IN
Compare market Select a market
Delta vs base
Median rent
$1,021
N/A
Median price
$269,977
N/A
YoY change
+$83
N/A
Price-to-rent
22.0x
Data unavailable
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