Market Summary

Spruce, Alcona County, MI

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Median Home Price Price

$199,772 $199.8K

Median Monthly Rent Rent

$897 $897

GRM

18.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Alcona County

Region Price Rent GRM Display
$200,829 $917 18.0x
$222,379 $1,521 12.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MI outside of Alcona County

Region Price Rent GRM Display
$196,791 $1,114 15.0x
$184,342 $913 17.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of MI

Region Price Rent GRM Display
$326,888 $845 32.0x
$216,936 $1,060 17.0x
$252,357 $721 29.0x
$190,821 $830 19.0x
$234,151 $938 21.0x
$308,617 $1,128 23.0x
$298,700 $1,081 23.0x
$133,505 $904 12.0x
$228,096 $854 22.0x
$445,704 $723 52.0x
$299,704 $1,302 19.0x
$277,513 $1,006 23.0x
$209,259 $827 21.0x
$217,148 $893 20.0x
$175,891 $905 16.0x
$309,639 $1,431 18.0x
$210,129 $1,046 16.0x
$381,041 $1,197 26.0x
$386,849 $1,426 23.0x
$267,386 $1,159 19.0x
$258,404 $1,065 20.0x
$197,576 $695 24.0x
$279,888 $1,057 22.0x
$112,194 $843 11.0x
$251,910 $638 33.0x
$139,665 $796 15.0x
$151,262 $858 15.0x
$214,625 $1,007 18.0x
$274,236 $947 24.0x
$337,495 $1,185 24.0x
$180,119 $858 17.0x
$165,571 $706 20.0x

Home prices

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Monthly rent

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GRM

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Spruce

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Trend Insights

Median Rent in Spruce, MI is $897, with MoM change +$9 and YoY change +$79 pointing to positive momentum while volatility is low (std $20).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Spruce, MI.

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Metric
Base market Spruce, MI
Compare market Select a market
Delta vs base
Median rent
$897
N/A
Median price
$199,772
N/A
YoY change
+$79
N/A
Price-to-rent
18.6x
Data unavailable
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