Market Summary

Wakefield, Gogebic County, MI

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Median Home Price Price

$98,040 $98K

Median Monthly Rent Rent

$787 $787

GRM

10.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Gogebic County

Region Price Rent GRM Display
Bessemer
$103,075 $736 12.0x

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Monthly rent

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GRM

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Similar markets within MI outside of Gogebic County

Region Price Rent GRM Display
Whittemore, Iosco County, MI
$126,087 $803 13.0x
Brown City, Sanilac County, MI
$216,244 $848 21.0x
Eastpointe, Macomb County, MI
$146,007 $1,582 8.0x
Au Gres, Arenac County, MI
$136,635 $799 14.0x
Cadillac, Wexford County, MI
$217,438 $1,100 16.0x
Wellston, Manistee County, MI
$156,662 $956 14.0x
Pierson, Montcalm County, MI
$266,149 $885 25.0x
Evart, Osceola County, MI
$172,960 $922 16.0x
Breckenridge, Gratiot County, MI
$163,438 $921 15.0x

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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
Minneola, Clark County, KS
$133,123 $1,101 10.0x
Argonia, Sumner County, KS
$139,829 $844 14.0x
Sharon Springs, Schoharie County, NY
$216,651 $1,398 13.0x
New Castle, Lawrence County, PA
$139,932 $857 14.0x
Wurtsboro, Sullivan County, NY
$277,890 $1,767 13.0x
Ladora, Iowa County, IA
$157,286 $676 19.0x
Inyokern, Tulare County, CA
$271,052 $1,038 22.0x
Eskridge, Wabaunsee County, KS
$176,167 $783 18.0x
Bodfish, Kern County, CA
$190,815 $1,128 14.0x
Blairsville, Indiana County, PA
$150,388 $887 14.0x
Thompsontown, Juniata County, PA
$212,938 $840 21.0x
Burlingame, Osage County, KS
$174,630 $856 17.0x
Napanoch, Ulster County, NY
$273,042 $1,812 13.0x
Osceola, Clarke County, IA
$182,312 $1,126 13.0x
Heath, Franklin County, MA
$187,596 $1,476 11.0x
Victor, Iowa County, IA
$155,332 $844 15.0x
Dresden, Yates County, NY
$215,324 $859 21.0x
Porter, Oxford County, ME
$276,670 $1,203 19.0x
Moore, Spartanburg County, SC
$288,662 $1,680 14.0x
Porter, Wagoner County, OK
$282,740 $765 31.0x
Williamstown, Dauphin County, PA
$130,870 $1,034 11.0x
Locust Grove, Mayes County, OK
$179,958 $727 21.0x
Salem, Dent County, MO
$174,236 $806 18.0x
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$311,410 $1,885 14.0x
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$180,891 $808 19.0x
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$228,896 $1,400 14.0x
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$194,249 $740 22.0x
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$155,426 $1,123 12.0x
Paden City, Wetzel County, WV
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$299,018 $1,336 19.0x
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Ogallala, Keith County, NE
$202,614 $802 21.0x
Cicero, Cook County, IL
$252,252 $1,397 15.0x
Massena, Saint Lawrence County, NY
$114,482 $890 11.0x
Point Pleasant, Mason County, WV
$156,947 $770 17.0x
Calumet City, Cook County, IL
$155,187 $1,362 10.0x
Underwood, McLean County, ND
$153,981 $842 15.0x
Lebec, Los Angeles County, CA
$375,769 $2,593 12.0x
Andover, Ashtabula County, OH
$65,397 $935 6.0x
Baskerville, Mecklenburg County, VA
$188,164 $1,596 10.0x
Chouteau, Mayes County, OK
$202,766 $914 18.0x
Gerrardstown, Berkeley County, WV
$320,087 $772 35.0x
La Crosse, Rush County, KS
$86,759 $853 8.0x
Lynnville, Jasper County, IA
$256,644 $742 29.0x
St Albans, Somerset County, ME
$227,597 $1,146 17.0x

Home prices

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Monthly rent

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GRM

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Wakefield

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Trend Insights

Median Rent in Wakefield, MI is $787, with MoM change +$9 and YoY change +$69 pointing to positive momentum while volatility is low (std $18).

Benchmark Markets Side by Side

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

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Metric
Base market Wakefield, MI
Compare market Select a market
Delta vs base
Median rent
$787
N/A
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Median price
$98,040
N/A
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YoY change
+$69
N/A
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Price-to-rent
10.4x
Data unavailable
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