Market Summary

New Salem, Morton County, ND

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Median Home Price Price

$217,016 $217K

Median Monthly Rent Rent

$1,007 $1K

GRM

18.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Morton 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 ND outside of Morton County

Region Price Rent GRM Display
$298,182 $956 26.0x
$342,918 $1,354 21.0x
$154,682 $1,028 12.0x
$156,087 $950 14.0x
$249,648 $1,028 20.0x
$319,721 $1,520 17.0x
$191,708 $970 17.0x
$368,912 $985 31.0x
$157,351 $984 13.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of ND

Region Price Rent GRM Display
$157,066 $950 14.0x
$561,610 $2,046 23.0x
$204,912 $1,055 16.0x
$665,087 $1,967 28.0x
$264,252 $916 24.0x
$270,186 $1,375 16.0x
$225,935 $827 23.0x
$222,748 $1,225 15.0x
$378,594 $1,308 24.0x
$511,340 $1,706 25.0x
$174,988 $1,021 14.0x
$512,728 $1,300 33.0x
$170,558 $1,313 11.0x
$363,601 $1,235 25.0x
$222,083 $727 25.0x
$262,253 $1,223 18.0x
$296,235 $1,044 24.0x
$492,848 $1,196 34.0x
$446,227 $1,393 27.0x
$349,918 $1,226 24.0x
$196,277 $1,518 11.0x
$239,140 $1,101 18.0x
$168,699 $1,369 10.0x
$149,287 $1,026 12.0x
$296,228 $1,084 23.0x
$149,278 $1,055 12.0x
$476,847 $1,422 28.0x
$165,737 $971 14.0x
$194,409 $1,064 15.0x

Home prices

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Monthly rent

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GRM

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New Salem

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Trend Insights

Median Rent in New Salem, ND is $1,007, with MoM change +$8 and YoY change +$70 pointing to positive momentum while volatility is low (std $18).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against New Salem, ND.

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Metric
Base market New Salem, ND
Compare market Select a market
Delta vs base
Median rent
$1,007
N/A
Median price
$217,016
N/A
YoY change
+$70
N/A
Price-to-rent
18.0x
Data unavailable
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