Market Summary

Terrace Park, Elkhart County, IN

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Median Home Price Price

$263,346 $263.3K

Median Monthly Rent Rent

$1,258 $1.3K

GRM

17.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Elkhart County

Region Price Rent GRM Display
$192,441 $1,282 13.0x
$231,541 $1,258 15.0x
$267,916 $1,337 17.0x
$197,329 $1,357 12.0x
$151,445 $1,368 9.0x
$204,641 $1,322 13.0x
$234,560 $1,376 14.0x
$189,819 $1,298 12.0x
$292,605 $1,251 19.0x

Home prices

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Monthly rent

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GRM

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Similar markets within IN outside of Elkhart County

Region Price Rent GRM Display
$294,524 $1,440 17.0x
$409,795 $1,947 18.0x
$291,721 $1,429 17.0x
$169,414 $1,179 12.0x
$249,246 $1,298 16.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of IN

Region Price Rent GRM Display
$316,219 $1,285 20.0x
$307,085 $1,397 18.0x
$256,958 $1,244 17.0x
$374,594 $1,175 27.0x
$262,024 $1,363 16.0x
$148,188 $1,174 10.0x
$385,882 $2,056 16.0x
$442,494 $1,332 28.0x
$355,818 $1,366 22.0x
$261,308 $1,384 16.0x
$344,854 $1,295 22.0x
$212,472 $1,287 14.0x
$361,194 $1,188 25.0x
$155,672 $1,123 12.0x
$283,170 $1,513 16.0x

Home prices

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Monthly rent

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GRM

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Terrace Park

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Trend Insights

Median Rent in Terrace Park, IN is $1,258, with MoM change +$13 and YoY change +$88 pointing to positive momentum while volatility is low (std $21).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Terrace Park, IN.

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Metric
Base market Terrace Park, IN
Compare market Select a market
Delta vs base
Median rent
$1,258
N/A
Median price
$263,346
N/A
YoY change
+$88
N/A
Price-to-rent
17.4x
Data unavailable
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