Market Summary

Farwell, Clare County, MI

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Median Home Price Price

$184,342 $184.3K

Median Monthly Rent Rent

$913 $913

GRM

17.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Clare County

Region Price Rent GRM Display
$198,319 $1,021 16.0x
$162,593 $1,096 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 Clare County

Region Price Rent GRM Display
$177,172 $808 18.0x
$184,241 $914 17.0x
$181,384 $887 17.0x
$194,128 $967 17.0x
$225,691 $1,165 16.0x
$198,095 $1,005 16.0x
$248,618 $1,240 17.0x
$222,379 $1,521 12.0x
$180,439 $962 16.0x
$197,953 $1,763 9.0x

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
$156,469 $878 15.0x
$255,414 $936 23.0x
$308,085 $1,240 21.0x
$340,787 $866 33.0x
$195,287 $837 20.0x
$666,421 $2,248 25.0x
$197,576 $695 24.0x
$210,110 $934 19.0x
$228,650 $933 20.0x
$232,296 $694 28.0x
$160,206 $852 16.0x
$623,542 $2,009 26.0x
$214,625 $1,007 18.0x
$256,288 $830 26.0x
$230,803 $1,189 16.0x
$178,146 $1,051 14.0x
$112,194 $843 11.0x
$210,129 $1,046 16.0x
$203,432 $933 18.0x
$167,578 $778 18.0x
$197,660 $991 17.0x

Home prices

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Monthly rent

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GRM

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Farwell

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Trend Insights

Median Rent in Farwell, MI is $913, with MoM change +$5 and YoY change +$77 pointing to positive momentum while volatility is low (std $21).

Benchmark Markets Side by Side

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

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Metric
Base market Farwell, MI
Compare market Select a market
Delta vs base
Median rent
$913
N/A
Median price
$184,342
N/A
YoY change
+$77
N/A
Price-to-rent
16.8x
Data unavailable
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