Market Summary

Novelty, Geauga County, OH

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Median Home Price Price

$411,480 $411.5K

Median Monthly Rent Rent

$1,452 $1.5K

GRM

24.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Geauga County

Region Price Rent GRM Display
$352,916 $1,097 27.0x
$276,011 $1,284 18.0x
$309,077 $1,020 25.0x
$343,916 $1,370 21.0x

Home prices

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Monthly rent

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GRM

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Similar markets within OH outside of Geauga County

Region Price Rent GRM Display
$221,749 $1,534 12.0x
$269,050 $1,231 18.0x
$270,579 $965 23.0x
$521,272 $1,346 32.0x
$320,193 $1,231 22.0x
$241,724 $847 24.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of OH

Region Price Rent GRM Display
$283,915 $1,462 16.0x
$311,587 $1,411 18.0x
$286,503 $1,438 17.0x
$302,465 $1,525 17.0x
$235,666 $1,168 17.0x
$839,697 $3,035 23.0x
$405,208 $1,817 19.0x
$299,265 $1,415 18.0x
$367,989 $1,298 24.0x
$354,404 $1,418 21.0x
$199,937 $800 21.0x
$307,316 $1,390 18.0x
$223,267 $923 20.0x
$237,940 $828 24.0x
$350,225 $2,054 14.0x
$414,733 $1,422 24.0x
$355,234 $1,350 22.0x
$271,987 $950 24.0x
$642,228 $2,933 18.0x
$284,400 $1,172 20.0x
$215,507 $1,436 13.0x
$488,700 $1,690 24.0x
$391,942 $1,482 22.0x
$231,120 $740 26.0x
$454,443 $1,775 21.0x
$377,608 $1,085 29.0x
$289,060 $1,550 16.0x
$328,708 $1,845 15.0x
$345,789 $1,464 20.0x
$264,493 $915 24.0x
$323,191 $1,343 20.0x
$190,987 $913 17.0x
$282,227 $1,352 17.0x
$257,267 $960 22.0x

Home prices

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Monthly rent

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GRM

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Novelty

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Trend Insights

Median Rent in Novelty, OH is $1,452, with MoM change +$16 and YoY change +$121 pointing to positive momentum while volatility is low (std $30).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Novelty, OH.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Novelty, OH
Compare market Select a market
Delta vs base
Median rent
$1,452
N/A
Median price
$411,480
N/A
YoY change
+$121
N/A
Price-to-rent
23.6x
Data unavailable
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