Mcdowell, Highland County, VA

Median Home Price Price

$302,048 $302K

Median Monthly Rent Rent

$1,055 $1.1K

23.0x

Market Snapshot

Mcdowell, Highland County, VA is a city market with a median home price of $302,048, a median monthly rent of $1,055, a GRM of 23.0x, and a price-to-rent ratio of 23.9.

More markets to explore

02 Monterey, Highland County, VA
Nearby alternative Lower GRM Lower price Similar rent Rent momentum
High confidence
Price $263.8K
Rent $1K
GRM 21.0x
Explore the data
Region Show
Monterey
$264K $1.0K 21.0x
Blue Grass
$236K $1.1K 19.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Speedwell, Wythe County, VA
$151K $1.1K 12.0x
Hanover, Hanover County, VA
$399K $1.6K 21.0x
Monroe, Amherst County, VA
$280K $1.1K 21.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Floris, Davis County, IA Explore deeper
$224K $951 19.0x
Yadkinville, Yadkin County, NC
$232K $983 20.0x
Monroe, Green County, WI
$264K $1.1K 21.0x

Home prices

Monthly rent

GRM = home price / annual rent

McDowell

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Benchmark comparison

Rent in McDowell, VA is 1.3% higher than Monterey, VA.

Compare to Monterey, VA
McDowell, VA
Monterey, VA
Delta
Median rent
$1,055
$1,041
-$14
Median price
$302,048
$263,823
-$38,225
YoY change
+$77
+$86
+$9
Price-to-rent
23.9x
21.1x
-2.8x

Key takeaways

  • Mcdowell, Highland County, VA has a higher-grm screening profile: At 23.0x 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 $77 year over year.
  • Rent in McDowell, VA is 1.3% higher than Monterey, VA.