Market Summary

Shelbyville, Allegan County, MI

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Median Home Price Price

$328,735 $328.7K

Median Monthly Rent Rent

$1,481 $1.5K

GRM

18.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Allegan County

Region Price Rent GRM Display
$249,345 $1,402 15.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MI outside of Allegan County

Region Price Rent GRM Display

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
$362,109 $1,390 22.0x
$405,289 $1,538 22.0x
$350,669 $1,524 19.0x
$385,153 $1,604 20.0x
$340,962 $1,499 19.0x
$328,708 $1,845 15.0x
$278,423 $1,452 16.0x
$361,196 $1,433 21.0x
$286,706 $1,357 18.0x
$326,667 $1,453 19.0x
$419,889 $2,083 17.0x
$471,139 $1,449 27.0x
$196,868 $1,380 12.0x
$227,968 $1,466 13.0x
$559,806 $2,404 19.0x
$250,260 $1,489 14.0x
$370,073 $1,421 22.0x
$313,618 $1,275 20.0x
$288,517 $915 26.0x
$319,986 $1,271 21.0x
$309,895 $1,165 22.0x
$363,213 $1,538 20.0x
$311,132 $986 26.0x
$447,471 $1,460 26.0x
$227,231 $1,024 18.0x
$252,326 $1,338 16.0x
$328,724 $1,528 18.0x
$267,475 $1,579 14.0x
$201,404 $1,168 14.0x
$386,362 $1,078 30.0x
$389,444 $1,632 20.0x
$421,145 $1,368 26.0x
$276,068 $1,561 15.0x
$230,578 $1,043 18.0x
$433,939 $2,168 17.0x
$375,827 $1,524 21.0x
$434,137 $1,772 20.0x
$281,479 $1,409 17.0x
$315,093 $1,179 22.0x
$247,341 $1,541 13.0x
$301,610 $1,509 17.0x
$373,768 $1,490 21.0x
$310,955 $1,251 21.0x

Home prices

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Monthly rent

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GRM

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Shelbyville

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Trend Insights

Median Rent in Shelbyville, MI is $1,481, with MoM change +$15 and YoY change +$115 pointing to positive momentum while volatility is low (std $29).

Benchmark Markets Side by Side

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

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Metric
Base market Shelbyville, MI
Compare market Select a market
Delta vs base
Median rent
$1,481
N/A
Median price
$328,735
N/A
YoY change
+$115
N/A
Price-to-rent
18.5x
Data unavailable
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