Market Summary

Spring Lake, Hancock County, IN

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Median Home Price Price

$228,167 $228.2K

Median Monthly Rent Rent

$1,271 $1.3K

GRM

15.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Hancock County

No similar markets found for this scope.

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
$164,290 $1,032 13.0x
$185,582 $1,062 15.0x
$323,971 $1,166 23.0x
$149,757 $886 14.0x
$303,927 $1,274 20.0x
$289,759 $1,272 19.0x

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
$274,434 $1,467 16.0x
$273,597 $1,243 18.0x
$233,514 $1,104 18.0x
$332,446 $1,536 18.0x
$206,261 $946 18.0x
$310,047 $1,218 21.0x
$572,650 $3,161 15.0x
$289,114 $1,298 19.0x
$320,193 $1,231 22.0x
$227,790 $1,033 18.0x
$278,446 $1,558 15.0x
$245,237 $1,080 19.0x
$320,942 $1,250 21.0x
$226,945 $1,268 15.0x
$198,931 $1,191 14.0x
$283,744 $1,287 18.0x
$276,326 $1,167 20.0x
$305,624 $1,182 22.0x
$189,942 $1,217 13.0x
$313,267 $1,188 22.0x
$211,634 $1,299 14.0x
$233,494 $1,536 13.0x
$462,679 $1,251 31.0x
$139,665 $796 15.0x
$541,132 $1,265 35.0x
$309,054 $1,207 21.0x
$225,605 $1,116 17.0x
$287,517 $1,186 20.0x
$267,522 $1,261 18.0x
$258,309 $1,321 16.0x
$198,136 $1,285 13.0x
$234,710 $1,147 17.0x
$251,676 $1,320 16.0x
$308,813 $1,401 18.0x
$306,660 $1,780 14.0x
$255,963 $1,275 17.0x

Home prices

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Monthly rent

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GRM

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Spring Lake

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Trend Insights

Median Rent in Spring Lake, IN is $1,271, with MoM change +$12 and YoY change +$80 pointing to positive momentum while volatility is low (std $19).

Benchmark Markets Side by Side

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Metric
Base market Spring Lake, IN
Compare market Select a market
Delta vs base
Median rent
$1,271
N/A
Median price
$228,167
N/A
YoY change
+$80
N/A
Price-to-rent
15.0x
Data unavailable
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