Market Summary

Hanover Heights, New Hanover County, NC

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Median Home Price Price

$244,960 $245K

Median Monthly Rent Rent

$1,849 $1.8K

GRM

11.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within New Hanover County

Region Price Rent GRM Display
$231,232 $1,882 10.0x
$286,462 $1,886 13.0x
$342,157 $1,795 16.0x
$290,249 $1,848 13.0x
$268,844 $1,818 12.0x
$220,665 $1,802 10.0x

Home prices

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Monthly rent

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GRM

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Similar markets within NC outside of New Hanover County

Region Price Rent GRM Display
$254,668 $1,895 11.0x

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
$311,606 $1,916 13.0x
$262,315 $1,646 13.0x
$256,830 $2,142 10.0x
$351,134 $2,184 13.0x
$257,734 $1,744 12.0x
$308,834 $1,572 16.0x
$438,375 $2,164 17.0x
$201,524 $1,620 10.0x
$273,454 $1,834 12.0x
$396,018 $1,517 22.0x
$285,890 $2,061 12.0x
$282,100 $2,135 11.0x
$267,400 $2,330 10.0x
$313,161 $2,170 12.0x
$201,390 $1,535 11.0x
$186,398 $1,604 10.0x

Home prices

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Monthly rent

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GRM

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Hanover Heights

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Trend Insights

Median Rent in Hanover Heights, NC is $1,849, with MoM change +$1 and YoY change -$23 showing mixed momentum while volatility is low (std $22).

Benchmark Markets Side by Side

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Metric
Base market Hanover Heights, NC
Compare market Select a market
Delta vs base
Median rent
$1,849
N/A
Median price
$244,960
N/A
YoY change
-$23
N/A
Price-to-rent
11.0x
Data unavailable
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