Think-Realty-Magazine-September-2018

AVERAGE MONTHLY RENT ($)

POPULATION (2017)

3-YEAR POPULATION GROWTH

JOB GROWTH RATE (2017)

LATEST HOME PRICES

AVERAGE HOME PRICE ($000)

PRICE VS RENT RATIO

LOCAL MARKET MONITOR

325,079

4%

2.8%

6%

153

747

17

Spartanburg, SC

429,820

2%

1.5%

7%

154

737

17

Fort Wayne, IN

203,474

2%

5.4%

8%

155

769

17

Elkhart-Goshen, IN

343,254

5%

1.6%

8%

168

866

16

Ocala, FL

214,363

3%

2.1%

5%

168

749

19

Lafayette, IN

205,605

3%

4.8%

6%

182

793

19

Lake Charles, LA

239,908

2%

2.2%

6%

183

796

19

Tuscaloosa, AL

650,092

8%

2.4%

9%

185

909

17

Lakeland, FL

1,358,452

4%

2.4%

4%

188

824

19

Oklahoma City, OK

590,146

3%

3.1%

6%

189

866

18

Augusta, GA

1,038,583

3%

2.1%

8%

190

839

19

Grand Rapids, MI

882,176

2%

1.7%

5%

195

957

17

Bakersfield, CA

1,988,817

3%

1.6%

6%

200

891

19

Indianapolis, IN

377,924

2%

1.6%

6%

204

999

17

Tallahassee, FL

222,255

5%

2.9%

7%

221

956

19

Prescott, AZ

Source :: Local Market Monitor, July 2018

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