Market Summary

Mechanicsville, Hanover County, VA

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Median Home Price Price

$418,417 $418.4K

Median Monthly Rent Rent

$2,225 $2.2K

GRM

16.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Hanover County

Region Price Rent GRM Display
$435,499 $1,646 22.0x

Home prices

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Monthly rent

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GRM

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Similar markets within VA outside of Hanover County

Region Price Rent GRM Display
$298,040 $1,690 15.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of VA

Region Price Rent GRM Display
$566,822 $2,131 22.0x
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$336,750 $1,687 17.0x
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$270,841 $1,357 17.0x
$317,137 $1,555 17.0x
$444,857 $2,291 16.0x
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$346,684 $2,132 14.0x
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$563,334 $2,202 21.0x
$426,201 $2,360 15.0x
$567,997 $2,036 23.0x
$268,964 $1,538 15.0x
$300,341 $1,696 15.0x
$567,298 $2,114 22.0x
$228,504 $1,292 15.0x
$315,121 $1,490 18.0x
$520,787 $2,171 20.0x
$667,974 $3,699 15.0x
$713,553 $2,219 27.0x
$306,269 $1,528 17.0x
$377,015 $2,153 15.0x
$497,663 $2,075 20.0x
$258,308 $1,563 14.0x

Home prices

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Monthly rent

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GRM

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Mechanicsville

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Trend Insights

Median Rent in Mechanicsville, VA is $2,225, with MoM change +$17 and YoY change +$132 pointing to positive momentum while volatility is low (std $32).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Mechanicsville, VA.

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Metric
Base market Mechanicsville, VA
Compare market Select a market
Delta vs base
Median rent
$2,225
N/A
Median price
$418,417
N/A
YoY change
+$132
N/A
Price-to-rent
15.7x
Data unavailable
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