Market Summary

Shelby Township, Macomb County, MI

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Median Home Price Price

$384,472 $384.5K

Median Monthly Rent Rent

$1,396 $1.4K

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
$292,122 $1,489 16.0x
$284,931 $1,027 23.0x
$455,252 $1,314 29.0x
$352,221 $1,281 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
$272,542 $1,358 17.0x
$377,354 $1,172 27.0x
$274,434 $1,467 16.0x
$365,663 $1,250 24.0x
$402,392 $1,727 19.0x
$400,845 $1,387 24.0x
$338,601 $1,660 17.0x

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
$349,596 $1,231 24.0x
$313,066 $1,344 19.0x
$420,896 $1,410 25.0x
$429,446 $1,451 25.0x
$328,217 $1,453 19.0x
$416,312 $1,487 23.0x
$410,813 $1,420 24.0x
$349,285 $1,345 22.0x
$541,659 $1,354 33.0x
$292,349 $1,036 24.0x
$579,938 $1,445 33.0x
$303,459 $1,102 23.0x
$322,932 $1,715 16.0x
$427,326 $1,510 24.0x
$290,139 $1,035 23.0x
$417,230 $1,481 23.0x
$481,673 $1,445 28.0x
$298,744 $1,378 18.0x
$270,411 $1,072 21.0x
$298,891 $1,297 19.0x
$720,745 $2,040 29.0x
$319,502 $1,351 20.0x
$322,814 $1,197 22.0x
$397,522 $1,390 24.0x
$464,791 $1,526 25.0x
$323,549 $1,668 16.0x
$196,621 $946 17.0x
$508,646 $1,422 30.0x
$259,152 $1,130 19.0x
$235,914 $991 20.0x

Home prices

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Monthly rent

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GRM

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Shelby Township

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Trend Insights

Median Rent in Shelby Township, MI is $1,396, with MoM change +$14 and YoY change +$96 pointing to positive momentum while volatility is low (std $23).

Benchmark Markets Side by Side

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

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Metric
Base market Shelby Township, MI
Compare market Select a market
Delta vs base
Median rent
$1,396
N/A
Median price
$384,472
N/A
YoY change
+$96
N/A
Price-to-rent
23.0x
Data unavailable
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