Market Summary

New Palestine, Hancock County, IN

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Median Home Price Price

$367,253 $367.3K

Median Monthly Rent Rent

$1,245 $1.2K

GRM

25.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Hancock County

Region Price Rent GRM Display
$367,604 $1,922 16.0x
$274,657 $1,357 17.0x

Home prices

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Monthly rent

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GRM

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Similar markets within IN outside of Hancock County

Region Price Rent GRM Display
$354,406 $1,262 23.0x
$303,927 $1,274 20.0x
$203,511 $1,159 15.0x
$452,332 $1,969 19.0x
$316,909 $1,491 18.0x

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
$220,338 $1,245 15.0x
$184,018 $1,151 13.0x
$304,748 $1,207 21.0x
$116,443 $938 10.0x
$341,277 $1,120 25.0x
$370,213 $1,211 25.0x
$238,651 $1,387 14.0x
$325,966 $1,215 22.0x
$316,836 $1,479 18.0x
$405,449 $1,259 27.0x
$522,532 $1,889 23.0x
$210,621 $1,070 16.0x
$291,163 $1,181 20.0x
$467,850 $1,930 20.0x
$321,063 $1,314 20.0x
$513,796 $2,093 20.0x
$197,730 $1,218 13.0x
$296,283 $1,175 21.0x
$309,343 $1,029 25.0x
$365,357 $1,264 24.0x
$313,619 $1,185 22.0x
$482,235 $1,205 33.0x
$422,685 $1,514 23.0x
$434,225 $1,226 29.0x
$555,481 $2,118 22.0x
$214,571 $868 21.0x
$532,731 $1,326 33.0x
$304,846 $1,174 22.0x
$277,802 $1,202 19.0x
$411,070 $2,041 17.0x
$291,326 $1,261 19.0x
$240,768 $1,224 16.0x
$228,673 $1,351 14.0x
$453,983 $1,274 30.0x

Home prices

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Monthly rent

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GRM

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New Palestine

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Trend Insights

Median Rent in New Palestine, IN is $1,245, with MoM change +$11 and YoY change +$63 pointing to positive momentum while volatility is low (std $14).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against New Palestine, IN.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market New Palestine, IN
Compare market Select a market
Delta vs base
Median rent
$1,245
N/A
Median price
$367,253
N/A
YoY change
+$63
N/A
Price-to-rent
24.6x
Data unavailable
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