Pendleton, Madison County, IN

Median Home Price Price

$322,488 $322.5K

Median Monthly Rent Rent

$1,357 $1.4K

20.0x

Market Snapshot

Pendleton, Madison County, IN is a city market with a median home price of $322,488, a median monthly rent of $1,357, a GRM of 20.0x, and a price-to-rent ratio of 19.8.

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.

Within Madison

No same-county alternatives are available for this market yet.

More markets to explore

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No similar markets found for this scope.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Butler, De Kalb County, IN
$186K $1.0K 15.0x
Greenfield, Hancock County, IN
$275K $1.4K 17.0x
Crown Point, Lake County, IN
$346K $1.6K 18.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Algonac, Saint Clair County, MI
$241K $1.1K 18.0x
Iron Station, Lincoln County, NC
$397K $1.4K 24.0x
Berkley, Oakland County, MI Explore deeper
$296K $1.8K 13.0x

Home prices

Monthly rent

GRM = home price / annual rent

Pendleton

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Benchmark comparison

Compare Pendleton, IN to another market.

Compare to Butler, IN
Pendleton, IN
Butler, IN
Delta
Median rent
$1,357
N/A
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Median price
$322,488
N/A
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YoY change
+$74
N/A
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Price-to-rent
19.8x
Data unavailable
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Key takeaways

  • Pendleton, Madison County, IN has a higher-grm screening profile: At 20.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $74 year over year.
  • Next discovery step: compare Butler, De Kalb County, IN from the Within state set.