Market Summary

Hanover, Grant County, NM

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Median Home Price Price

$206,513 $206.5K

Median Monthly Rent Rent

$755 $755

GRM

23.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Grant 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 NM outside of Grant County

Region Price Rent GRM Display
$279,216 $691 34.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of NM

Region Price Rent GRM Display
$162,179 $675 20.0x
$197,874 $791 21.0x
$219,974 $1,097 17.0x
$175,371 $811 18.0x
$187,407 $764 20.0x
$294,587 $997 25.0x
$171,516 $1,205 12.0x
$282,874 $1,119 21.0x
$158,305 $828 16.0x
$146,594 $850 14.0x
$333,185 $1,207 23.0x
$175,473 $1,073 14.0x
$215,776 $931 19.0x
$432,455 $656 55.0x
$394,556 $1,212 27.0x
$205,731 $841 20.0x
$324,205 $2,983 9.0x
$126,938 $755 14.0x
$190,275 $567 28.0x
$112,020 $711 13.0x
$165,557 $1,400 10.0x
$295,821 $1,537 16.0x
$458,489 $1,815 21.0x
$141,912 $1,098 11.0x
$149,354 $952 13.0x
$121,212 $731 14.0x
$199,304 $1,281 13.0x
$241,161 $811 25.0x
$222,844 $1,774 10.0x
$137,708 $768 15.0x
$496,367 $1,511 27.0x
$296,183 $1,251 20.0x
$122,786 $815 13.0x
$124,322 $1,105 9.0x
$357,452 $1,410 21.0x

Home prices

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Monthly rent

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GRM

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Hanover

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Trend Insights

Median Rent in Hanover, NM is $755, with MoM change +$1 and YoY change +$2 pointing to positive momentum while volatility is low (std $5).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Hanover, NM.

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Metric
Base market Hanover, NM
Compare market Select a market
Delta vs base
Median rent
$755
N/A
Median price
$206,513
N/A
YoY change
+$2
N/A
Price-to-rent
22.8x
Data unavailable
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