Nelson Heights, Newton County, GA

Median Home Price Price

$173,244 $173.2K

Median Monthly Rent Rent

$1,663 $1.7K

9.0x

Market Snapshot

Nelson Heights, Newton County, GA is a neighborhood market with a median home price of $173,244, a median monthly rent of $1,663, a GRM of 9.0x, and a price-to-rent ratio of 8.7.

More markets to explore

Top recommendation Nearby alternative Higher GRM Premium price Similar rent
High confidence
Price $211.9K
Rent $1.7K
GRM 11.0x
Explore the data
Region Show
Covington Mill
$212K $1.7K 11.0x

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

Region Show
$207K $1.7K 10.0x

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

Region Show
$188K $2.1K 7.0x
$282K $2.0K 12.0x

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

Nelson Heights

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Benchmark comparison

Rent in Nelson Heights, GA is 0.3% lower than Covington Mill, GA.

Nelson Heights, GA
Covington Mill, GA
Delta
Median rent
$1,663
$1,668
+$5
Median price
$173,244
$211,936
+$38,692
YoY change
-$43
+$11
+$54
Price-to-rent
8.7x
10.6x
+1.9x

Key takeaways

  • Nelson Heights, Newton County, GA has a lower-grm screening profile: At 9.0x 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 is down about $43 year over year, so use alternatives to test whether the trend is market-specific.
  • Rent in Nelson Heights, GA is 0.3% lower than Covington Mill, GA.