Market Summary

Bakersville, Mitchell County, NC

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Median Home Price Price

$221,192 $221.2K

Median Monthly Rent Rent

$1,023 $1K

GRM

18.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Mitchell 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 Mitchell County

Region Price Rent GRM Display
$166,070 $1,214 11.0x
$173,343 $975 15.0x
$224,694 $1,025 18.0x
$128,562 $931 11.0x
$311,449 $1,016 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
$202,305 $1,264 13.0x
$294,587 $997 25.0x
$293,620 $932 26.0x
$215,573 $1,028 17.0x
$175,371 $811 18.0x
$158,903 $1,012 13.0x
$278,319 $1,053 22.0x
$169,986 $964 15.0x
$274,322 $1,002 23.0x
$192,741 $990 16.0x
$267,734 $1,002 22.0x
$170,223 $959 15.0x
$144,994 $858 14.0x
$358,954 $1,108 27.0x
$239,578 $989 20.0x
$150,775 $1,042 12.0x
$203,501 $729 23.0x
$317,954 $1,090 24.0x
$261,253 $1,009 21.0x
$183,917 $1,530 10.0x
$126,938 $755 14.0x
$149,354 $952 13.0x
$265,702 $1,151 19.0x
$155,071 $903 14.0x
$266,076 $1,008 22.0x
$165,557 $1,400 10.0x
$252,466 $1,044 20.0x
$291,267 $1,137 21.0x
$215,776 $931 19.0x
$223,905 $960 19.0x
$169,272 $1,139 12.0x
$365,075 $1,150 26.0x
$197,874 $791 21.0x
$192,430 $1,026 16.0x
$272,455 $1,148 20.0x
$126,575 $693 15.0x
$186,271 $1,043 15.0x
$259,921 $1,226 18.0x
$149,216 $630 20.0x
$172,697 $900 16.0x
$178,224 $779 19.0x

Home prices

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Monthly rent

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GRM

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Bakersville

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Trend Insights

Median Rent in Bakersville, NC is $1,023, with MoM change +$6 and YoY change +$13 pointing to positive momentum while volatility is low (std $5).

Benchmark Markets Side by Side

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Metric
Base market Bakersville, NC
Compare market Select a market
Delta vs base
Median rent
$1,023
N/A
Median price
$221,192
N/A
YoY change
+$13
N/A
Price-to-rent
18.0x
Data unavailable
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