Market Summary

Cornelius, Mecklenburg County, NC

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Median Home Price Price

$512,938 $512.9K

Median Monthly Rent Rent

$2,047 $2K

GRM

21.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Mecklenburg County

Region Price Rent GRM Display
$535,671 $2,166 21.0x
$642,598 $2,080 26.0x
$397,350 $1,997 17.0x

Home prices

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Monthly rent

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GRM

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Similar markets within NC outside of Mecklenburg County

Region Price Rent GRM Display
$614,910 $2,092 24.0x
$596,510 $2,273 22.0x
$343,668 $1,357 21.0x
$404,271 $1,274 26.0x
$617,623 $1,955 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
$615,558 $1,924 27.0x
$443,934 $1,754 21.0x
$286,301 $2,038 12.0x
$456,314 $1,561 24.0x
$594,377 $2,320 21.0x
$414,476 $1,513 23.0x
$498,454 $2,038 20.0x
$368,590 $1,453 21.0x
$264,923 $1,151 19.0x
$502,264 $2,004 21.0x
$353,961 $1,371 21.0x
$594,250 $1,585 31.0x
$526,180 $1,980 22.0x
$623,027 $1,984 26.0x
$273,744 $1,952 12.0x
$382,089 $1,436 22.0x
$466,193 $1,752 22.0x
$509,728 $1,837 23.0x
$506,674 $1,873 23.0x
$579,697 $2,118 23.0x
$509,054 $2,148 20.0x
$555,801 $2,093 22.0x
$524,415 $1,932 23.0x
$480,856 $2,056 19.0x
$350,444 $1,514 19.0x
$1,049,163 $2,129 41.0x
$504,033 $2,025 21.0x
$698,188 $2,661 22.0x
$480,432 $1,663 24.0x
$603,502 $2,429 21.0x
$540,935 $1,865 24.0x
$430,692 $1,624 22.0x
$615,381 $2,123 24.0x
$289,838 $1,158 21.0x
$367,177 $1,422 22.0x
$474,179 $1,917 21.0x

Home prices

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Monthly rent

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GRM

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Cornelius

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Trend Insights

Median Rent in Cornelius, NC is $2,047, with MoM change +$13 and YoY change +$65 pointing to positive momentum while volatility is low (std $14).

Benchmark Markets Side by Side

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

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Metric
Base market Cornelius, NC
Compare market Select a market
Delta vs base
Median rent
$2,047
N/A
Median price
$512,938
N/A
YoY change
+$65
N/A
Price-to-rent
20.9x
Data unavailable
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