Market Summary

Elwell, Gratiot County, MI

City Last updated April 8, 2026

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Median Home Price Price

$183,336 $183.3K

Median Monthly Rent Rent

$1,041 $1K

GRM

15.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Market Snapshot

Elwell, Gratiot County, MI is a city market with a median home price of $183,336, a median monthly rent of $1,041, a GRM of 15.0x, and a price-to-rent ratio of 14.7.

Comparable Markets

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Similar Markets

Compare nearby and out-of-state comps before deciding whether this market is truly distinctive.

Similar markets within Gratiot County

Region Price Rent GRM Display
$178,834 $991 15.0x
$148,639 $839 15.0x
$149,415 $992 13.0x
$177,629 $1,103 13.0x
$154,221 $934 14.0x
$192,114 $1,308 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 Gratiot County

Region Price Rent GRM Display
$202,713 $1,037 16.0x
$208,625 $1,019 17.0x
$176,636 $858 17.0x
$202,585 $1,288 13.0x
$131,759 $1,079 10.0x
$208,312 $1,568 11.0x
$184,796 $822 19.0x
$200,855 $1,043 16.0x

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
$195,991 $1,090 15.0x
$184,043 $794 19.0x
$229,181 $1,023 19.0x
$226,526 $904 21.0x
$228,556 $1,039 18.0x
$129,145 $871 12.0x
$217,066 $1,009 18.0x
$147,473 $928 13.0x
$244,997 $865 24.0x
$178,604 $899 17.0x
$245,387 $1,176 17.0x
$255,102 $867 25.0x
$195,643 $869 19.0x
$176,533 $1,042 14.0x
$256,310 $937 23.0x
$241,990 $1,515 13.0x
$197,353 $1,013 16.0x
$187,943 $824 19.0x
$243,168 $985 21.0x
$111,133 $1,131 8.0x
$498,421 $1,246 33.0x

Home prices

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Monthly rent

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GRM

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Elwell

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Trend Insights

Median Rent in Elwell, MI is $1,041, with MoM change +$8 and YoY change +$85 pointing to positive momentum while volatility is low (std $21).

Benchmark Markets Side by Side

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Metric
Base market Elwell, MI
Compare market Select a market
Delta vs base
Median rent
$1,041
N/A
Median price
$183,336
N/A
YoY change
+$85
N/A
Price-to-rent
14.7x
Data unavailable
Frequently Asked Questions

What is the median home price in Elwell, Gratiot County, MI?

TwinMarket currently shows a median home price of $183,336 for Elwell, Gratiot County, MI.

What is the median rent in Elwell, Gratiot County, MI?

The current TwinMarket market snapshot lists median monthly rent at $1,041 in Elwell, Gratiot County, MI.

What is the GRM in Elwell, Gratiot County, MI?

TwinMarket currently shows a GRM of 15.0x in Elwell, Gratiot County, MI. Use it alongside price, rent, and trend direction rather than as a standalone buy signal.

Which markets look similar to Elwell, Gratiot County, MI?

Comparable markets currently surfaced on TwinMarket for Elwell, Gratiot County, MI include Ithaca, Gratiot County, MI, Middleton, Gratiot County, MI, Alma, Gratiot County, MI. Open those pages to compare price, rent, GRM, and recent trend context side by side.

When was the Elwell, Gratiot County, MI market page updated?

The market data shown on this page was last updated on April 8, 2026.