Market Summary

Hancock, Houghton County, MI

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Median Home Price Price

$197,245 $197.2K

Median Monthly Rent Rent

$1,018 $1K

GRM

16.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Houghton County

Region Price Rent GRM Display
Houghton
$241,388 $1,185 17.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MI outside of Houghton County

Region Price Rent GRM Display
Fulton, Kalamazoo County, MI
$234,033 $846 23.0x
Richmond, Macomb County, MI
$284,931 $1,027 23.0x
Saint Ignace, Mackinac County, MI
$206,642 $842 20.0x
Three Oaks, Berrien County, MI
$294,981 $1,250 20.0x
Trufant, Montcalm County, MI
$208,127 $1,154 15.0x
Sheridan, Newaygo County, MI
$266,910 $1,072 21.0x
Emmett, Saint Clair County, MI
$300,306 $1,261 20.0x

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
Wever, Lee County, IA
$194,974 $975 17.0x
Saint Paris, Champaign County, OH
$220,434 $978 19.0x
Hermleigh, Scurry County, TX
$189,564 $1,432 11.0x
Dennison, Clark County, IL
$169,159 $944 15.0x
Henley, Cole County, MO
$336,926 $927 30.0x
Ollie, Keokuk County, IA
$116,295 $905 11.0x
Cullom, Livingston County, IL
$129,037 $1,173 9.0x
Saint Helena, Cedar County, NE
$291,010 $947 26.0x
Chappell Hill, Washington County, TX
$587,558 $2,493 20.0x
Keota, Washington County, IA
$159,168 $958 14.0x
Appomattox, Appomattox County, VA
$253,047 $1,029 21.0x
Sac City, Sac County, IA
$131,926 $797 14.0x
Martinsburg, Audrain County, MO
$207,457 $480 36.0x
Bethany, Caddo Parish, LA
$209,476 $999 18.0x
Grape Creek, Tom Green County, TX
$232,889 $1,199 16.0x
Manito, Tazewell County, IL
$120,026 $959 11.0x
Lake City, Calhoun County, IA
$132,964 $927 12.0x
Laddonia, Audrain County, MO
$167,578 $778 18.0x
Cordova, Rock Island County, IL
$200,333 $1,012 17.0x
New Milton, Doddridge County, WV
$155,574 $988 13.0x
Alleman, Polk County, IA
$375,193 $1,065 29.0x
Alderson, Summers County, WV
$160,995 $897 15.0x
Danube, Renville County, MN
$177,428 $1,062 14.0x
Marshall, Clark County, IL
$154,765 $1,065 12.0x
Jacksonville, Randolph County, MO
$246,622 $951 21.0x
Salem, Dent County, MO
$174,236 $806 18.0x
Sugar City, Madison County, ID
$360,119 $1,592 19.0x
Farmersville, Montgomery County, IL
$151,165 $938 13.0x
Cridersville, Auglaize County, OH
$160,239 $1,061 13.0x
Lime Springs, Howard County, IA
$213,122 $864 21.0x
Modoc, Randolph County, IN
$195,287 $837 20.0x
Arcola, Douglas County, IL
$142,478 $886 14.0x
Mapleton Depot, Huntingdon County, PA
$151,795 $1,125 11.0x
Caledonia, Washington County, MO
$201,142 $957 18.0x
Murray, Cass County, NE
$254,835 $1,406 15.0x
Commiskey, Jennings County, IN
$254,980 $940 22.0x
Elmwood, Peoria County, IL
$168,210 $932 15.0x
Rockwell City, Calhoun County, IA
$131,305 $914 12.0x
Laurel, Cedar County, NE
$196,475 $940 17.0x
Bayport, Suffolk County, NY
$719,243 $2,903 21.0x
Elberfeld, Warrick County, IN
$261,883 $949 23.0x
Mayflower, Faulkner County, AR
$200,715 $1,048 16.0x
Prichard, Wayne County, WV
$147,450 $1,046 12.0x
Mattoon, Coles County, IL
$114,245 $909 10.0x

Home prices

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Monthly rent

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GRM

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Hancock

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Trend Insights

Median Rent in Hancock, MI is $1,018, with MoM change +$7 and YoY change +$83 pointing to positive momentum while volatility is low (std $22).

Benchmark Markets Side by Side

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

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Hancock, MI
Compare market Select a market
Delta vs base
Median rent
$1,018
N/A
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Median price
$197,245
N/A
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YoY change
+$83
N/A
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Price-to-rent
16.1x
Data unavailable
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