Mitchell, Lawrence County, IN

Median Home Price Price

$176,980 $177K

Median Monthly Rent Rent

$1,065 $1.1K

14.0x

Market Snapshot

Mitchell, Lawrence County, IN is a city market with a median home price of $176,980, a median monthly rent of $1,065, a GRM of 14.0x, and a price-to-rent ratio of 13.8.

More markets to explore

Explore the data
Region Show
Bedford
$194K $1.0K 16.0x

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
Converse, Grant County, IN
$166K $706 20.0x
Laotto, Noble County, IN
$335K $1.0K 27.0x

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
$207K $1.0K 17.0x
$248K $1.1K 18.0x

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

Similar markets map

Mitchell

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Benchmark comparison

Rent in Mitchell, IN is 5.6% higher than Bedford, IN.

Mitchell, IN
Bedford, IN
Delta
Median rent
$1,065
$1,009
-$56
Median price
$176,980
$193,984
+$17,004
YoY change
+$86
+$74
-$12
Price-to-rent
13.8x
16.0x
+2.2x

Key takeaways

  • Mitchell, Lawrence County, IN has a lower-grm screening profile: At 14.0x 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 $86 year over year.
  • Rent in Mitchell, IN is 5.6% higher than Bedford, IN.