Market Summary

Somerset Center, Hillsdale County, MI

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Median Home Price Price

$330,207 $330.2K

Median Monthly Rent Rent

$1,051 $1.1K

GRM

26.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Hillsdale 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 Hillsdale County

Region Price Rent GRM Display
$199,758 $1,210 14.0x
$162,597 $855 16.0x
$225,691 $1,165 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
$239,986 $1,187 17.0x
$311,410 $1,885 14.0x
$228,550 $1,093 17.0x
$274,005 $1,008 23.0x
$467,526 $2,193 18.0x
$366,321 $1,048 29.0x
$123,620 $691 15.0x
$260,662 $1,110 20.0x
$400,567 $2,058 16.0x
$215,190 $1,107 16.0x
$255,090 $991 21.0x
$310,568 $2,295 11.0x
$458,644 $1,266 30.0x
$284,670 $1,861 13.0x
$270,995 $1,055 21.0x
$402,614 $1,459 23.0x
$169,503 $1,154 12.0x
$292,418 $1,352 18.0x
$245,751 $1,106 19.0x
$441,140 $1,865 20.0x
$235,848 $1,019 19.0x
$254,301 $925 23.0x
$288,758 $972 25.0x
$264,488 $1,056 21.0x
$577,163 $2,090 23.0x
$273,042 $1,812 13.0x
$179,792 $1,187 13.0x
$264,031 $1,008 22.0x
$248,404 $1,043 20.0x
$169,967 $1,059 13.0x
$364,516 $1,168 26.0x
$241,438 $1,072 19.0x
$201,791 $1,417 12.0x
$341,117 $1,153 25.0x
$300,933 $1,113 22.0x
$274,105 $1,417 16.0x
$138,200 $1,022 11.0x
$187,311 $931 17.0x
$240,168 $1,099 18.0x

Home prices

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Monthly rent

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GRM

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Somerset Center

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Trend Insights

Median Rent in Somerset Center, MI is $1,051, with MoM change +$12 and YoY change +$97 pointing to positive momentum while volatility is low (std $25).

Benchmark Markets Side by Side

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

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Metric
Base market Somerset Center, MI
Compare market Select a market
Delta vs base
Median rent
$1,051
N/A
Median price
$330,207
N/A
YoY change
+$97
N/A
Price-to-rent
26.2x
Data unavailable
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