Market Summary

Carmel, Mecklenburg County, NC

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Median Home Price Price

$638,049 $638K

Median Monthly Rent Rent

$1,988 $2K

GRM

27.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Mecklenburg County

Region Price Rent GRM Display
$597,629 $2,257 22.0x
$562,305 $2,185 21.0x
$566,252 $1,941 24.0x
$775,539 $2,297 28.0x
$717,578 $2,225 27.0x

Home prices

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Monthly rent

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GRM

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Similar markets within NC outside of Mecklenburg County

Region Price Rent GRM Display

Home prices

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Monthly rent

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GRM

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Similar markets outside of NC

Region Price Rent GRM Display
$629,501 $2,028 26.0x
$522,510 $3,040 14.0x
$775,323 $2,562 25.0x
$470,534 $2,295 17.0x
$596,390 $1,906 26.0x
$645,033 $1,976 27.0x
$873,393 $2,887 25.0x
$635,823 $2,568 21.0x
$693,983 $2,780 21.0x
$622,432 $2,796 19.0x
$428,595 $2,068 17.0x
$936,732 $2,918 27.0x
$504,196 $2,686 16.0x
$397,697 $2,289 14.0x
$721,429 $2,382 25.0x
$1,344,121 $2,132 52.0x
$959,848 $3,253 25.0x

Home prices

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Monthly rent

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GRM

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Carmel

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Trend Insights

Median Rent in Carmel, NC is $1,988, with MoM change +$18 and YoY change +$123 pointing to positive momentum while volatility is low (std $29).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Carmel, NC.

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Metric
Base market Carmel, NC
Compare market Select a market
Delta vs base
Median rent
$1,988
N/A
Median price
$638,049
N/A
YoY change
+$123
N/A
Price-to-rent
26.7x
Data unavailable
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