Farmwood North, Mecklenburg County, NC

Median Home Price Price

$515,008 $515K

Median Monthly Rent Rent

$1,905 $1.9K

23.0x

Market Snapshot

Farmwood North, Mecklenburg County, NC is a neighborhood market with a median home price of $515,008, a median monthly rent of $1,905, a GRM of 23.0x, and a price-to-rent ratio of 22.5.

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Home prices

Monthly rent

GRM = home price / annual rent

No similar markets found for this scope.

Home prices

Monthly rent

GRM = home price / annual rent

No similar markets found for this scope.

Home prices

Monthly rent

GRM = home price / annual rent

Farmwood North

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Delta
Median rent
$1,905
N/A
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Median price
$515,008
N/A
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YoY change
+$84
N/A
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Price-to-rent
22.5x
Data unavailable
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Key takeaways

  • Farmwood North, Mecklenburg County, NC has a higher-grm screening profile: At 23.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $84 year over year.