Market Summary

Parklea, Midland County, TX

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Median Home Price Price

$195,896 $195.9K

Median Monthly Rent Rent

$1,807 $1.8K

GRM

9.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Midland County

Region Price Rent GRM Display
$199,605 $1,802 9.0x
$182,226 $1,734 9.0x
$223,912 $1,769 11.0x
$242,367 $1,815 11.0x
$280,429 $1,828 13.0x
$231,469 $1,833 11.0x
$259,359 $1,845 12.0x
$199,170 $1,835 9.0x

Home prices

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Monthly rent

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GRM

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Similar markets within TX outside of Midland County

No similar markets found for this scope.

Home prices

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Monthly rent

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GRM

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Similar markets outside of TX

Region Price Rent GRM Display
$139,097 $1,173 10.0x
$191,396 $1,660 10.0x
$216,298 $1,710 11.0x
$189,023 $1,586 10.0x
$209,744 $1,688 10.0x
$209,162 $1,390 13.0x
$208,826 $1,184 15.0x
$250,844 $1,692 12.0x
$94,196 $1,133 7.0x
$200,530 $1,600 10.0x
$252,882 $1,679 13.0x
$277,682 $1,817 13.0x
$222,428 $1,665 11.0x
$415,531 $1,731 20.0x
$285,596 $1,664 14.0x
$500,777 $1,842 23.0x
$301,810 $1,630 15.0x
$446,096 $1,741 21.0x
$278,525 $1,618 14.0x

Home prices

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Monthly rent

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GRM

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Parklea

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Trend Insights

Median Rent in Parklea, TX is $1,807, with MoM change +$24 and YoY change +$180 pointing to positive momentum while volatility is low (std $51).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Parklea, TX.

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Metric
Base market Parklea, TX
Compare market Select a market
Delta vs base
Median rent
$1,807
N/A
Median price
$195,896
N/A
YoY change
+$180
N/A
Price-to-rent
9.0x
Data unavailable
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