Jonestown, Lebanon County, PA

Median Home Price Price

$301,978 $302K

Median Monthly Rent Rent

$1,192 $1.2K

21.0x

Market Snapshot

Jonestown, Lebanon County, PA is a city market with a median home price of $301,978, a median monthly rent of $1,192, a GRM of 21.0x, and a price-to-rent ratio of 21.1.

Comparable Markets

Use related city markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

More markets to explore

Nearby alternative Lower GRM Higher rent Rent momentum
High confidence
Price $299.2K
Rent $1.5K
GRM 17.0x
Nearby alternative Lower GRM Higher rent Rent momentum
High confidence
Price $318.5K
Rent $1.9K
GRM 14.0x
Explore the data
Region Show
Newmanstown
$319K $1.9K 14.0x
Myerstown
$299K $1.5K 17.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
$298K $1.2K 20.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Similar markets map

Jonestown

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Benchmark comparison

Rent in Jonestown, PA is 36.0% lower than Newmanstown, PA.

Jonestown, PA
Newmanstown, PA
Delta
Median rent
$1,192
$1,863
+$671
Median price
$301,978
$318,525
+$16,547
YoY change
+$100
+$152
+$52
Price-to-rent
21.1x
14.2x
-6.9x

Key takeaways

  • Jonestown, Lebanon County, PA has a higher-grm screening profile: At 21.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $100 year over year.
  • Rent in Jonestown, PA is 36.0% lower than Newmanstown, PA.