Market Summary

Richmond, Macomb County, MI

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Median Home Price Price

$284,931 $284.9K

Median Monthly Rent Rent

$1,027 $1K

GRM

23.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Macomb County

Region Price Rent GRM Display
$384,472 $1,396 23.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MI outside of Macomb County

Region Price Rent GRM Display
$274,434 $1,467 16.0x
$235,200 $1,215 16.0x
$360,459 $1,220 25.0x
$377,354 $1,172 27.0x
$240,949 $1,135 18.0x
$365,663 $1,250 24.0x

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
$175,252 $1,230 12.0x
$318,715 $1,034 26.0x
$136,877 $1,038 11.0x
$254,835 $1,406 15.0x
$270,646 $1,047 22.0x
$320,131 $1,596 17.0x
$420,896 $1,410 25.0x
$342,291 $1,307 22.0x
$309,706 $1,282 20.0x
$243,473 $1,032 20.0x
$396,643 $1,325 25.0x
$274,290 $1,029 22.0x
$406,979 $1,351 25.0x
$228,133 $1,111 17.0x
$260,306 $1,062 20.0x
$309,928 $1,049 25.0x
$370,443 $1,077 29.0x
$370,820 $1,667 19.0x
$165,571 $706 20.0x
$312,070 $1,030 25.0x
$176,980 $1,065 14.0x
$247,654 $1,082 19.0x
$464,791 $1,526 25.0x
$208,018 $1,068 16.0x
$476,690 $1,573 25.0x
$300,608 $1,009 25.0x
$349,285 $1,345 22.0x
$143,974 $1,058 11.0x
$230,438 $1,051 18.0x
$286,495 $1,045 23.0x
$226,678 $1,172 16.0x
$224,505 $992 19.0x
$227,938 $1,027 19.0x
$216,143 $1,076 17.0x
$259,152 $1,130 19.0x
$411,157 $1,056 32.0x
$317,357 $1,492 18.0x

Home prices

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Monthly rent

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GRM

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Richmond

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Trend Insights

Median Rent in Richmond, MI is $1,027, with MoM change +$10 and YoY change +$67 pointing to positive momentum while volatility is low (std $16).

Benchmark Markets Side by Side

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

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Richmond, MI
Compare market Select a market
Delta vs base
Median rent
$1,027
N/A
Median price
$284,931
N/A
YoY change
+$67
N/A
Price-to-rent
23.1x
Data unavailable
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