Cherry, Mecklenburg County, NC

Median Home Price Price

$450,826 $450.8K

Median Monthly Rent Rent

$2,060 $2.1K

18.0x

Market Snapshot

Cherry, Mecklenburg County, NC is a neighborhood market with a median home price of $450,826, a median monthly rent of $2,060, a GRM of 18.0x, and a price-to-rent ratio of 18.2.

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 Mecklenburg

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

More markets to explore

Explore the data

No similar markets found for this scope.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Pine Grove, New Hanover County, NC
$443K $1.7K 21.0x
Willowhaven, Durham County, NC
$496K $2.0K 21.0x
Stadium Heights, Durham County, NC
$318K $1.7K 15.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Pat Hurley, Bernalillo County, NM
$255K $1.5K 14.0x
Scottsdale Highlands, Maricopa County, AZ
$762K $2.2K 28.0x
Oak-Riverside, Story County, IA
$213K $1.2K 15.0x

Home prices

Monthly rent

GRM = home price / annual rent

Cherry

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Benchmark comparison

Compare Cherry, NC to another market.

Compare to Pine Grove, NC
Cherry, NC
Pine Grove, NC
Delta
Median rent
$2,060
N/A
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Median price
$450,826
N/A
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YoY change
+$57
N/A
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Price-to-rent
18.2x
Data unavailable
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Key takeaways

  • Cherry, Mecklenburg County, NC has a middle-grm screening profile: At 18.0x GRM, price and rent sit in a less extreme screening range.
  • The investment thesis may depend more on trend quality and local context than on GRM alone.
  • Rent momentum is positive, with median rent up about $57 year over year.
  • Next discovery step: compare Pine Grove, New Hanover County, NC from the Within state set.