Market Summary

Palmyra, Montgomery County, TN

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Median Home Price Price

$340,447 $340.4K

Median Monthly Rent Rent

$1,436 $1.4K

GRM

20.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Montgomery County

Region Price Rent GRM Display
$338,145 $1,243 23.0x

Home prices

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Monthly rent

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GRM

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Similar markets within TN outside of Montgomery County

Region Price Rent GRM Display
$377,482 $1,376 23.0x
$291,267 $1,137 21.0x
$300,718 $1,691 15.0x
$409,990 $1,298 26.0x
$359,176 $1,058 28.0x
$334,801 $957 29.0x

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
$255,731 $1,354 16.0x
$191,336 $1,318 12.0x
$225,300 $1,371 14.0x
$303,927 $1,274 20.0x
$314,123 $1,435 18.0x
$301,590 $1,391 18.0x
$291,304 $1,377 18.0x
$201,731 $1,132 15.0x
$327,858 $1,263 22.0x
$327,702 $1,211 23.0x
$218,823 $1,037 17.0x
$202,452 $1,451 12.0x
$261,806 $1,192 18.0x
$289,531 $1,365 18.0x
$281,471 $1,224 19.0x
$282,145 $1,241 19.0x
$354,328 $1,375 21.0x
$292,201 $1,284 19.0x
$249,076 $1,309 16.0x
$279,447 $1,435 16.0x
$195,209 $1,083 15.0x
$265,989 $2,585 9.0x
$387,235 $1,486 22.0x
$407,036 $1,799 19.0x
$499,859 $2,536 16.0x
$227,642 $1,160 16.0x
$229,719 $1,465 13.0x
$216,740 $1,216 15.0x
$383,529 $1,072 30.0x
$534,417 $1,489 30.0x
$444,879 $1,495 25.0x
$353,034 $1,652 18.0x
$465,492 $1,358 29.0x
$340,431 $1,457 19.0x
$245,477 $1,468 14.0x
$265,702 $1,151 19.0x

Home prices

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Monthly rent

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GRM

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Palmyra

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Trend Insights

Median Rent in Palmyra, TN is $1,436, with MoM change +$9 and YoY change +$65 pointing to positive momentum while volatility is low (std $14).

Benchmark Markets Side by Side

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

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Metric
Base market Palmyra, TN
Compare market Select a market
Delta vs base
Median rent
$1,436
N/A
Median price
$340,447
N/A
YoY change
+$65
N/A
Price-to-rent
19.8x
Data unavailable
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