Market Summary

Third Ward, Mecklenburg County, NC

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Median Home Price Price

$434,429 $434.4K

Median Monthly Rent Rent

$1,771 $1.8K

GRM

20.0x

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
$280,032 $1,859 13.0x
$302,014 $1,757 14.0x
$371,700 $1,729 18.0x

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
$453,274 $1,848 20.0x
$447,217 $1,791 21.0x
$400,274 $1,893 18.0x
$385,380 $1,850 17.0x
$396,561 $1,838 18.0x

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
$419,359 $2,247 16.0x
$522,875 $2,248 19.0x
$548,007 $2,714 17.0x
$445,957 $2,340 16.0x
$371,746 $2,357 13.0x
$608,855 $2,260 22.0x
$573,189 $2,161 22.0x
$473,279 $2,295 17.0x
$387,092 $2,342 14.0x

Home prices

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Monthly rent

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GRM

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Third Ward

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Trend Insights

Median Rent in Third Ward, NC is $1,771, with MoM change +$6 and YoY change +$10 pointing to positive momentum while volatility is low (std $10).

Benchmark Markets Side by Side

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

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Metric
Base market Third Ward, NC
Compare market Select a market
Delta vs base
Median rent
$1,771
N/A
Median price
$434,429
N/A
YoY change
+$10
N/A
Price-to-rent
20.4x
Data unavailable
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