Market Summary

Mars Hill, Madison County, NC

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Median Home Price Price

$410,427 $410.4K

Median Monthly Rent Rent

$1,026 $1K

GRM

33.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Madison 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 NC outside of Madison County

Region Price Rent GRM Display
$325,510 $1,194 23.0x
$464,359 $1,012 38.0x
$321,969 $1,000 27.0x
$302,605 $956 26.0x
$363,661 $1,286 24.0x
$251,644 $1,030 20.0x
$322,635 $1,049 26.0x
$320,695 $1,042 26.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of NC

Region Price Rent GRM Display
$336,060 $1,026 27.0x
$268,485 $1,223 18.0x
$186,217 $1,084 14.0x
$610,029 $1,762 29.0x
$328,056 $1,447 19.0x
$276,215 $1,056 22.0x
$547,543 $1,479 31.0x
$364,302 $1,440 21.0x
$359,359 $1,068 28.0x
$261,478 $1,097 20.0x
$638,973 $1,599 33.0x
$285,221 $1,362 17.0x
$209,887 $1,030 17.0x
$190,814 $1,028 15.0x
$481,937 $1,342 30.0x
$602,334 $1,349 37.0x
$318,781 $886 30.0x
$715,010 $1,836 32.0x
$160,251 $1,105 12.0x
$290,949 $1,035 23.0x
$594,316 $1,700 29.0x
$215,450 $1,060 17.0x
$674,738 $1,622 35.0x
$338,947 $1,457 19.0x
$324,927 $1,024 26.0x
$434,510 $1,164 31.0x

Home prices

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Monthly rent

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GRM

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Mars Hill

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Trend Insights

Median Rent in Mars Hill, NC is $1,026, with MoM change +$6 and YoY change +$39 pointing to positive momentum while volatility is low (std $8).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Mars Hill, NC.

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Metric
Base market Mars Hill, NC
Compare market Select a market
Delta vs base
Median rent
$1,026
N/A
Median price
$410,427
N/A
YoY change
+$39
N/A
Price-to-rent
33.3x
Data unavailable
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