Market Summary

Romeo, Macomb County, MI

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Median Home Price Price

$400,759 $400.8K

Median Monthly Rent Rent

$1,252 $1.3K

GRM

27.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Macomb 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 Macomb County

Region Price Rent GRM Display
$211,231 $1,305 14.0x
$254,665 $1,258 17.0x
$178,636 $1,188 13.0x
$288,330 $1,106 22.0x
$235,277 $1,202 16.0x
$362,283 $1,232 24.0x
$249,689 $1,190 18.0x

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
$318,088 $1,291 21.0x
$239,243 $1,021 20.0x
$345,789 $1,464 20.0x
$418,420 $1,362 26.0x
$233,615 $1,163 17.0x
$324,832 $1,455 19.0x
$248,505 $1,348 15.0x
$270,411 $1,072 21.0x
$324,363 $1,296 21.0x
$327,102 $1,209 23.0x
$316,825 $1,380 19.0x
$250,924 $1,082 19.0x
$535,249 $1,091 41.0x
$376,028 $1,644 19.0x
$312,905 $1,557 17.0x
$246,744 $1,013 20.0x
$437,479 $1,506 24.0x
$240,172 $1,361 15.0x
$327,799 $2,071 13.0x
$230,032 $1,154 17.0x
$357,568 $1,511 20.0x
$217,128 $1,220 15.0x
$318,655 $1,206 22.0x
$427,326 $1,510 24.0x
$275,731 $1,274 18.0x
$304,505 $1,274 20.0x
$191,551 $1,128 14.0x
$174,601 $1,208 12.0x
$213,331 $1,136 16.0x
$216,671 $1,001 18.0x
$293,268 $1,261 19.0x
$133,944 $834 13.0x

Home prices

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Monthly rent

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GRM

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Romeo

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Trend Insights

Median Rent in Romeo, MI is $1,252, with MoM change +$12 and YoY change +$87 pointing to positive momentum while volatility is low (std $21).

Benchmark Markets Side by Side

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

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Metric
Base market Romeo, MI
Compare market Select a market
Delta vs base
Median rent
$1,252
N/A
Median price
$400,759
N/A
YoY change
+$87
N/A
Price-to-rent
26.7x
Data unavailable
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