Market Summary

Morristown, Shelby County, IN

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Median Home Price Price

$259,600 $259.6K

Median Monthly Rent Rent

$1,184 $1.2K

GRM

18.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Shelby 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 Shelby County

Region Price Rent GRM Display
$197,343 $912 18.0x
$255,973 $1,174 18.0x
$230,939 $1,067 18.0x
$210,508 $1,021 17.0x
$257,082 $1,167 18.0x
$211,456 $1,229 14.0x
$244,207 $1,143 18.0x
$320,436 $1,390 19.0x
$193,069 $1,135 14.0x
$246,664 $1,068 19.0x
$161,481 $897 15.0x
$226,080 $1,043 18.0x
$249,141 $1,312 16.0x
$276,701 $1,369 17.0x

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
$271,492 $1,437 16.0x
$353,879 $1,191 25.0x
$320,942 $1,250 21.0x
$258,607 $1,029 21.0x
$280,362 $1,209 19.0x
$311,820 $1,130 23.0x
$261,860 $1,258 17.0x
$220,431 $1,142 16.0x
$377,836 $1,631 19.0x
$263,261 $1,204 18.0x
$297,246 $1,417 17.0x
$370,213 $1,211 25.0x
$279,056 $1,259 18.0x
$283,647 $1,592 15.0x
$330,037 $1,209 23.0x
$252,772 $1,128 19.0x
$285,756 $1,175 20.0x
$199,723 $1,134 15.0x
$277,467 $1,211 19.0x
$244,397 $1,104 18.0x
$363,080 $1,823 17.0x
$210,032 $1,131 15.0x
$334,809 $1,261 22.0x
$215,835 $1,090 16.0x
$326,860 $1,225 22.0x
$290,935 $1,095 22.0x

Home prices

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Monthly rent

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GRM

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Morristown

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Trend Insights

Median Rent in Morristown, IN is $1,184, with MoM change +$13 and YoY change +$92 pointing to positive momentum while volatility is low (std $23).

Benchmark Markets Side by Side

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

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Metric
Base market Morristown, IN
Compare market Select a market
Delta vs base
Median rent
$1,184
N/A
Median price
$259,600
N/A
YoY change
+$92
N/A
Price-to-rent
18.3x
Data unavailable
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