Follett, Lipscomb County, TX

Median Home Price Price

$109,724 $109.7K

Median Monthly Rent Rent

$1,014 $1K

9.0x

Market Snapshot

Follett, Lipscomb County, TX is a city market with a median home price of $109,724, a median monthly rent of $1,014, a GRM of 9.0x, and a price-to-rent ratio of 9.0.

More markets to explore

01 Lavon, Collin County, TX
Top recommendation Within state Higher GRM Premium price Higher rent
High confidence
Price $359.4K
Rent $2.6K
GRM 12.0x
Explore the data

No similar markets found for this scope.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Lavon, Collin County, TX
$359K $2.6K 12.0x
Shamrock, Wheeler County, TX
$77K $1.1K 6.0x
Leary, Bowie County, TX Explore deeper
$158K $1.0K 13.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Eureka, Humboldt County, CA
$411K $1.4K 25.0x
Silver City, Grant County, NM
$232K $1.0K 19.0x
Lower Peach Tree, Wilcox County, AL
$119K $877 11.0x

Home prices

Monthly rent

GRM = home price / annual rent

Follett

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Benchmark comparison

Rent in Follett, TX is 60.6% lower than Lavon, TX.

Compare to Lavon, TX
Follett, TX
Lavon, TX
Delta
Median rent
$1,014
$2,576
+$1,562
Median price
$109,724
$359,436
+$249,712
YoY change
-$30
-$4
+$26
Price-to-rent
9.0x
11.6x
+2.6x

Key takeaways

  • Follett, Lipscomb County, TX has a lower-grm screening profile: At 9.0x GRM, current rent may provide stronger support relative to price.
  • Low GRM can also reflect operating friction, softer appreciation expectations, or local risk that GRM does not capture.
  • Rent is down about $30 year over year, so use alternatives to test whether the trend is market-specific.
  • Rent in Follett, TX is 60.6% lower than Lavon, TX.