Market Summary

Pelkie, Houghton County, MI

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Median Home Price Price

$142,603 $142.6K

Median Monthly Rent Rent

$962 $962

GRM

12.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Houghton 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 Houghton County

Region Price Rent GRM Display
$118,321 $1,008 10.0x
$131,759 $1,079 10.0x
$180,787 $976 15.0x
$192,114 $1,308 12.0x
$199,890 $1,107 15.0x

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
$183,347 $901 17.0x
$161,468 $875 15.0x
$241,990 $1,515 13.0x
$181,503 $864 18.0x
$141,217 $431 27.0x
$192,291 $1,177 14.0x
$191,216 $673 24.0x
$143,277 $1,092 11.0x
$164,350 $930 15.0x
$229,181 $1,023 19.0x
$127,583 $1,042 10.0x
$108,913 $725 13.0x
$188,984 $1,092 14.0x
$109,543 $887 10.0x
$124,998 $1,052 10.0x
$156,511 $1,145 11.0x
$142,518 $824 14.0x
$231,562 $1,010 19.0x
$148,312 $960 13.0x
$240,595 $949 21.0x

Home prices

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Monthly rent

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GRM

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Pelkie

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Trend Insights

Median Rent in Pelkie, MI is $962, with MoM change +$9 and YoY change +$85 pointing to positive momentum while volatility is low (std $25).

Benchmark Markets Side by Side

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Metric
Base market Pelkie, MI
Compare market Select a market
Delta vs base
Median rent
$962
N/A
Median price
$142,603
N/A
YoY change
+$85
N/A
Price-to-rent
12.4x
Data unavailable
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