Market Summary

New Hope, Marion County, TN

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Median Home Price Price

$213,271 $213.3K

Median Monthly Rent Rent

$1,048 $1K

GRM

17.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Marion County

Region Price Rent GRM Display
$221,246 $1,056 17.0x
$214,796 $950 19.0x

Home prices

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Monthly rent

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GRM

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Similar markets within TN outside of Marion County

Region Price Rent GRM Display
$274,005 $1,008 23.0x
$154,072 $1,052 12.0x
$255,090 $991 21.0x
$159,823 $1,015 13.0x
$182,533 $1,043 15.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of TN

Region Price Rent GRM Display
$148,415 $985 12.0x
$116,748 $931 10.0x
$156,349 $825 16.0x
$163,488 $1,254 11.0x
$254,923 $988 21.0x
$259,313 $1,204 18.0x
$209,069 $1,010 17.0x
$210,892 $954 18.0x
$320,675 $989 27.0x
$349,160 $1,424 20.0x
$177,730 $1,097 13.0x
$176,724 $904 16.0x
$236,358 $948 21.0x
$290,949 $1,035 23.0x
$172,663 $1,064 13.0x
$175,336 $1,262 12.0x
$210,229 $1,081 16.0x
$163,165 $1,013 13.0x
$67,343 $577 10.0x
$306,138 $1,056 24.0x
$205,174 $1,123 15.0x
$145,814 $1,066 11.0x
$252,575 $1,533 14.0x
$158,949 $810 16.0x
$237,699 $1,112 18.0x
$133,989 $703 16.0x
$247,692 $962 21.0x
$186,733 $1,100 14.0x
$167,784 $997 14.0x
$192,802 $1,069 15.0x
$322,635 $1,049 26.0x
$224,694 $1,025 18.0x
$144,754 $954 13.0x
$164,352 $1,026 13.0x
$193,352 $981 16.0x
$308,514 $1,413 18.0x
$149,821 $1,016 12.0x

Home prices

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Monthly rent

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GRM

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New Hope

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Trend Insights

Median Rent in New Hope, TN is $1,048, with MoM change +$8 and YoY change +$44 pointing to positive momentum while volatility is low (std $9).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against New Hope, TN.

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Metric
Base market New Hope, TN
Compare market Select a market
Delta vs base
Median rent
$1,048
N/A
Median price
$213,271
N/A
YoY change
+$44
N/A
Price-to-rent
17.0x
Data unavailable
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