Market Summary

Pennington Gap, Lee County, VA

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Median Home Price Price

$89,078 $89.1K

Median Monthly Rent Rent

$898 $898

GRM

8.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Lee County

Region Price Rent GRM Display
$117,958 $728 13.0x
$144,583 $959 12.0x
$123,831 $885 12.0x
$113,198 $1,116 8.0x
$106,227 $1,019 9.0x

Home prices

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Monthly rent

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GRM

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Similar markets within VA outside of Lee County

No similar markets found for this scope.

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
$158,662 $1,087 12.0x
$126,363 $802 13.0x
$259,921 $1,226 18.0x
$284,280 $996 24.0x
$270,838 $1,128 20.0x
$113,355 $834 11.0x
$180,507 $917 16.0x
$153,336 $973 13.0x
$181,105 $1,079 14.0x
$152,269 $882 14.0x
$118,253 $1,292 8.0x
$171,083 $1,023 14.0x
$138,382 $951 12.0x
$269,275 $1,180 19.0x
$114,277 $902 11.0x
$263,102 $994 22.0x
$198,645 $1,145 14.0x
$283,222 $1,140 20.0x
$515,530 $3,611 12.0x
$166,114 $1,151 12.0x
$226,855 $958 20.0x
$178,696 $1,155 13.0x
$147,696 $918 13.0x
$261,231 $1,280 17.0x

Home prices

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Monthly rent

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GRM

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Pennington Gap

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Trend Insights

Median Rent in Pennington Gap, VA is $898, with MoM change +$12 and YoY change +$94 pointing to positive momentum while volatility is low (std $24).

Benchmark Markets Side by Side

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

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Metric
Base market Pennington Gap, VA
Compare market Select a market
Delta vs base
Median rent
$898
N/A
Median price
$89,078
N/A
YoY change
+$94
N/A
Price-to-rent
8.3x
Data unavailable
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