Market Summary

Hwy 51 Park Road, Mecklenburg County, NC

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Median Home Price Price

$352,872 $352.9K

Median Monthly Rent Rent

$2,017 $2K

GRM

15.0x

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
$338,917 $1,995 14.0x
$348,671 $1,993 15.0x
$291,268 $1,733 14.0x
$332,082 $1,915 14.0x
$298,283 $2,047 12.0x
$336,348 $1,713 16.0x
$405,114 $2,070 16.0x
$283,091 $1,728 14.0x
$280,749 $1,980 12.0x
$308,807 $1,718 15.0x
$302,448 $1,721 15.0x
$344,898 $1,796 16.0x
$312,890 $1,856 14.0x
$307,370 $1,712 15.0x
$329,732 $1,707 16.0x
$308,793 $1,685 15.0x

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
$718,338 $2,064 29.0x
$653,794 $1,978 28.0x
$334,894 $1,746 16.0x
$370,452 $1,938 16.0x
$454,611 $2,239 17.0x
$478,209 $2,053 19.0x
$463,342 $2,067 19.0x
$577,951 $2,057 23.0x
$442,782 $2,241 16.0x
$485,724 $2,153 19.0x
$453,796 $2,544 15.0x
$469,238 $1,974 20.0x
$809,811 $2,016 34.0x
$487,554 $2,060 20.0x
$435,296 $2,074 18.0x

Home prices

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Monthly rent

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GRM

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Hwy 51-Park Road

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Trend Insights

Median Rent in Hwy 51-Park Road, NC is $2,017, with MoM change +$10 and YoY change +$44 pointing to positive momentum while volatility is low (std $9).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Hwy 51-Park Road, NC.

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Metric
Base market Hwy 51-Park Road, NC
Compare market Select a market
Delta vs base
Median rent
$2,017
N/A
Median price
$352,872
N/A
YoY change
+$44
N/A
Price-to-rent
14.6x
Data unavailable
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