Market Summary

Detroit, Somerset County, ME

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Median Home Price Price

$239,689 $239.7K

Median Monthly Rent Rent

$1,388 $1.4K

GRM

15.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Somerset 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 within ME outside of Somerset County

Region Price Rent GRM Display
$305,258 $1,343 19.0x
$388,077 $1,659 19.0x
$324,923 $1,208 22.0x
$238,813 $1,204 17.0x
$312,902 $1,196 22.0x
$245,751 $1,106 19.0x
$282,584 $1,256 19.0x
$307,908 $1,695 15.0x
$312,711 $1,563 17.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of ME

Region Price Rent GRM Display
$286,467 $1,497 16.0x
$132,852 $871 13.0x
$423,909 $1,409 25.0x
$180,923 $1,335 11.0x
$275,600 $1,307 18.0x
$249,854 $1,400 15.0x
$389,485 $1,568 21.0x
$264,892 $1,103 20.0x
$274,490 $1,599 14.0x
$341,154 $1,516 19.0x
$143,408 $1,315 9.0x
$108,967 $1,317 7.0x
$126,860 $1,087 10.0x
$349,624 $1,371 21.0x
$273,510 $1,334 17.0x
$354,870 $1,402 21.0x
$298,046 $1,343 18.0x
$211,905 $1,556 11.0x
$124,549 $1,269 8.0x
$252,816 $1,496 14.0x
$205,976 $1,239 14.0x
$279,954 $1,500 16.0x
$181,564 $1,355 11.0x
$316,219 $1,481 18.0x
$226,665 $952 20.0x
$236,263 $992 20.0x
$1,267,359 $1,253 84.0x
$259,568 $1,195 18.0x
$197,792 $1,403 12.0x
$185,853 $1,054 15.0x
$263,316 $1,316 17.0x
$162,260 $1,264 11.0x
$177,215 $1,140 13.0x
$277,728 $1,074 22.0x
$269,248 $1,316 17.0x
$161,393 $1,167 12.0x

Home prices

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Monthly rent

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GRM

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Detroit

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Trend Insights

Median Rent in Detroit, ME is $1,388, with MoM change +$17 and YoY change +$142 pointing to positive momentum while volatility is low (std $40).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Detroit, ME.

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Metric
Base market Detroit, ME
Compare market Select a market
Delta vs base
Median rent
$1,388
N/A
Median price
$239,689
N/A
YoY change
+$142
N/A
Price-to-rent
14.4x
Data unavailable
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