Market Summary

Terrace Hills, Mobile County, AL

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Median Home Price Price

$200,282 $200.3K

Median Monthly Rent Rent

$1,367 $1.4K

GRM

12.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Mobile County

Region Price Rent GRM Display
$180,809 $1,227 12.0x
$218,447 $1,385 13.0x
$186,413 $1,304 12.0x
$166,470 $1,375 10.0x
$213,721 $1,457 12.0x
$177,721 $1,305 11.0x
$372,839 $1,294 24.0x

Home prices

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Monthly rent

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GRM

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Similar markets within AL outside of Mobile 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 AL

Region Price Rent GRM Display
$223,224 $1,101 17.0x
$223,026 $1,313 14.0x
$239,575 $1,391 14.0x
$193,317 $1,042 15.0x
$245,410 $1,516 13.0x
$232,636 $1,537 13.0x
$160,763 $1,187 11.0x
$185,904 $1,443 11.0x
$385,500 $1,713 19.0x
$262,938 $2,121 10.0x
$175,815 $1,251 12.0x
$172,023 $1,151 12.0x
$182,051 $1,203 13.0x
$199,769 $1,283 13.0x
$220,285 $1,389 13.0x

Home prices

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Monthly rent

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GRM

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Terrace Hills

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Trend Insights

Median Rent in Terrace Hills, AL is $1,367, with MoM change +$5 and YoY change +$17 pointing to positive momentum while volatility is low (std $8).

Benchmark Markets Side by Side

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Metric
Base market Terrace Hills, AL
Compare market Select a market
Delta vs base
Median rent
$1,367
N/A
Median price
$200,282
N/A
YoY change
+$17
N/A
Price-to-rent
12.2x
Data unavailable
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