Market Summary

Watersmeet, Gogebic County, MI

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Median Home Price Price

$271,741 $271.7K

Median Monthly Rent Rent

$527 $527

GRM

43.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Gogebic 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 MI outside of Gogebic 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
$429,424 $1,114 32.0x
$535,904 $1,060 42.0x
$422,458 $1,485 24.0x
$496,211 $1,158 36.0x
$338,298 $586 48.0x
$835,571 $2,129 33.0x
$919,098 $1,384 55.0x
$233,294 $1,141 17.0x
$279,472 $1,719 14.0x
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$278,497 $1,068 22.0x
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$1,802,357 $3,374 44.0x
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$1,081,380 $2,248 40.0x
$511,709 $1,621 26.0x
$1,467,269 $2,839 43.0x
$349,767 $1,432 20.0x
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$130,857 $584 19.0x
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$2,003,530 $3,322 50.0x
$514,942 $1,000 43.0x
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$330,427 $1,882 15.0x
$160,817 $677 20.0x
$462,713 $1,596 24.0x
$117,583 $715 14.0x
$450,346 $1,178 32.0x

Home prices

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Monthly rent

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GRM

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Watersmeet

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Trend Insights

Median Rent in Watersmeet, MI is $527, with MoM change +$5 and YoY change +$37 pointing to positive momentum while volatility is low (std $9).

Benchmark Markets Side by Side

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Metric
Base market Watersmeet, MI
Compare market Select a market
Delta vs base
Median rent
$527
N/A
Median price
$271,741
N/A
YoY change
+$37
N/A
Price-to-rent
43.0x
Data unavailable
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