Sparrow Run, New Castle County, DE

Median Home Price Price

$180,343 $180.3K

Median Monthly Rent Rent

$1,546 $1.5K

10.0x

Market Snapshot

Sparrow Run, New Castle County, DE is a neighborhood market with a median home price of $180,343, a median monthly rent of $1,546, a GRM of 10.0x, and a price-to-rent ratio of 9.7.

Comparable Markets

Use related neighborhood markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

Within New Castle

No same-county alternatives are available for this market yet.

More markets to explore

Top recommendation Outside state Higher GRM Premium price Higher rent Rent momentum
High confidence
Price $318.9K
Rent $1.8K
GRM 15.0x
Outside state Lower GRM Lower price Higher rent Rent momentum
High confidence
Price $127.5K
Rent $1.7K
GRM 6.0x
Explore the data

No similar markets found for this scope.

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

No similar markets found for this scope.

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
$319K $1.8K 15.0x
$127K $1.7K 6.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Similar markets map

Sparrow Run

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Benchmark comparison

Rent in Sparrow Run, DE is 14.9% lower than Apple Hill, MN.

Sparrow Run, DE
Apple Hill, MN
Delta
Median rent
$1,546
$1,817
+$271
Median price
$180,343
$318,938
+$138,595
YoY change
+$170
+$144
-$26
Price-to-rent
9.7x
14.6x
+4.9x

Key takeaways

  • Sparrow Run, New Castle County, DE has a lower-grm screening profile: At 10.0x GRM, current rent may provide stronger support relative to price.
  • Low GRM can also reflect operating friction, softer appreciation expectations, or local risk that GRM does not capture.
  • Rent momentum is positive, with median rent up about $170 year over year.
  • Rent in Sparrow Run, DE is 14.9% lower than Apple Hill, MN.