Market Summary

Somax, Monroe County, IN

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Median Home Price Price

$415,834 $415.8K

Median Monthly Rent Rent

$1,460 $1.5K

GRM

24.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Monroe County

Region Price Rent GRM Display
$382,437 $1,457 22.0x
$238,471 $1,393 14.0x
$469,631 $1,422 27.0x
$429,030 $1,458 24.0x
$343,210 $1,399 20.0x
$324,230 $1,425 19.0x
$285,501 $1,454 16.0x
$280,591 $1,400 17.0x
$431,964 $1,459 25.0x

Home prices

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Monthly rent

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GRM

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Similar markets within IN outside of Monroe County

Region Price Rent GRM Display
$159,611 $1,239 11.0x
$450,744 $1,411 27.0x
$502,565 $1,978 21.0x
$185,804 $1,360 11.0x

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
$267,065 $1,246 18.0x
$553,131 $1,761 26.0x
$356,499 $1,391 21.0x
$299,036 $1,341 19.0x
$556,447 $1,723 27.0x
$254,410 $1,318 16.0x
$213,294 $1,088 16.0x
$474,232 $1,507 26.0x
$264,490 $1,362 16.0x

Home prices

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Monthly rent

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GRM

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SoMax

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Trend Insights

Median Rent in SoMax, IN is $1,460, with MoM change +$14 and YoY change +$93 pointing to positive momentum while volatility is low (std $22).

Benchmark Markets Side by Side

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

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Metric
Base market SoMax, IN
Compare market Select a market
Delta vs base
Median rent
$1,460
N/A
Median price
$415,834
N/A
YoY change
+$93
N/A
Price-to-rent
23.7x
Data unavailable
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