Market Summary

Banco, Madison County, VA

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Median Home Price Price

$402,721 $402.7K

Median Monthly Rent Rent

$2,252 $2.3K

GRM

15.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Madison County

Region Price Rent GRM Display
$429,071 $2,188 16.0x
$409,154 $2,163 16.0x
$420,227 $2,211 16.0x

Home prices

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Monthly rent

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GRM

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Similar markets within VA outside of Madison County

Region Price Rent GRM Display
$504,454 $2,251 19.0x
$257,136 $1,435 15.0x
$453,454 $2,243 17.0x
$239,495 $1,072 18.0x
$690,639 $1,092 53.0x

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
$1,007,493 $2,336 36.0x
$221,637 $996 19.0x
$529,855 $2,212 20.0x
$191,674 $1,043 15.0x
$669,210 $1,719 32.0x
$963,492 $2,293 35.0x
$1,326,372 $2,152 51.0x
$243,570 $1,071 19.0x
$731,410 $2,271 27.0x
$567,298 $2,114 22.0x
$520,787 $2,171 20.0x
$209,370 $1,140 15.0x
$676,448 $2,103 27.0x
$650,668 $1,682 32.0x
$990,001 $2,291 36.0x
$164,384 $1,086 13.0x
$654,122 $2,156 25.0x
$312,127 $1,381 19.0x
$372,654 $1,567 20.0x
$262,470 $1,188 18.0x
$236,991 $1,041 19.0x
$653,194 $2,042 27.0x
$229,646 $1,077 18.0x
$566,822 $2,131 22.0x
$648,840 $2,709 20.0x
$2,307,119 $2,271 85.0x
$412,389 $1,616 21.0x
$985,709 $2,174 38.0x
$325,225 $1,565 17.0x
$312,725 $1,159 22.0x
$221,104 $1,299 14.0x
$226,705 $999 19.0x
$436,179 $2,051 18.0x
$582,914 $2,539 19.0x
$691,080 $1,966 29.0x
$142,806 $871 14.0x

Home prices

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Monthly rent

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GRM

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Banco

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Trend Insights

Median Rent in Banco, VA is $2,252, with MoM change +$20 and YoY change +$116 pointing to positive momentum while volatility is low (std $25).

Benchmark Markets Side by Side

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

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Banco, VA
Compare market Select a market
Delta vs base
Median rent
$2,252
N/A
Median price
$402,721
N/A
YoY change
+$116
N/A
Price-to-rent
14.9x
Data unavailable
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