Market Summary

Newell, Mecklenburg County, NC

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Median Home Price Price

$329,454 $329.5K

Median Monthly Rent Rent

$1,746 $1.7K

GRM

16.0x

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
$371,700 $1,729 18.0x
$322,596 $1,909 14.0x
$304,826 $1,965 13.0x
$292,581 $1,728 14.0x
$298,157 $1,944 13.0x
$345,470 $1,871 15.0x
$307,046 $1,957 13.0x
$353,379 $1,882 16.0x
$319,152 $1,899 14.0x
$280,749 $1,980 12.0x

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
$447,217 $1,791 21.0x

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
$338,214 $2,378 12.0x
$356,170 $2,249 13.0x
$253,568 $1,685 13.0x
$415,354 $2,302 15.0x
$368,810 $2,292 13.0x
$279,254 $1,902 12.0x
$262,516 $1,911 11.0x
$358,246 $1,964 15.0x
$380,424 $2,285 14.0x
$452,270 $2,132 18.0x

Home prices

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Monthly rent

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GRM

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Newell

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Trend Insights

Median Rent in Newell, NC is $1,746, with MoM change +$6 and YoY change +$8 pointing to positive momentum while volatility is low (std $8).

Benchmark Markets Side by Side

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

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Metric
Base market Newell, NC
Compare market Select a market
Delta vs base
Median rent
$1,746
N/A
Median price
$329,454
N/A
YoY change
+$8
N/A
Price-to-rent
15.7x
Data unavailable
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