Market Summary

Wessex Square, Mecklenburg County, NC

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Median Home Price Price

$648,348 $648.3K

Median Monthly Rent Rent

$2,100 $2.1K

GRM

26.0x

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
$566,252 $1,941 24.0x
$562,305 $2,185 21.0x
$638,049 $1,988 27.0x
$580,437 $1,896 26.0x
$694,867 $2,428 24.0x
$478,248 $1,953 20.0x
$573,629 $2,076 23.0x
$548,586 $2,152 21.0x
$597,629 $2,257 22.0x
$563,817 $2,093 22.0x
$717,578 $2,225 27.0x

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
$657,997 $1,884 29.0x
$649,066 $1,885 29.0x

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
$638,863 $2,194 24.0x
$470,534 $2,295 17.0x
$397,697 $2,289 14.0x
$1,344,121 $2,132 52.0x
$398,582 $2,078 16.0x
$873,393 $2,887 25.0x
$576,057 $2,151 22.0x
$619,195 $2,292 22.0x
$668,023 $2,497 22.0x
$547,331 $2,099 22.0x
$839,361 $2,874 24.0x

Home prices

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Monthly rent

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GRM

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Wessex Square

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Trend Insights

Median Rent in Wessex Square, NC is $2,100, with MoM change +$14 and YoY change +$116 pointing to positive momentum while volatility is low (std $28).

Benchmark Markets Side by Side

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

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Metric
Base market Wessex Square, NC
Compare market Select a market
Delta vs base
Median rent
$2,100
N/A
Median price
$648,348
N/A
YoY change
+$116
N/A
Price-to-rent
25.7x
Data unavailable
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