Palms, Sanilac County, MI

Median Home Price Price

$233,583 $233.6K

Median Monthly Rent Rent

$792 $792

25.0x

Market Snapshot

Palms, Sanilac County, MI is a city market with a median home price of $233,583, a median monthly rent of $792, a GRM of 25.0x, and a price-to-rent ratio of 24.6.

More markets to explore

Nearby alternative Lower GRM Lower price Higher rent
High confidence
Price $180.4K
Rent $981
GRM 15.0x
Explore the data
Region Show
Applegate
$201K $1.1K 16.0x
Snover
$180K $981 15.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

No similar markets found for this scope.

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
$176K $823 18.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Similar markets map

Palms

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Benchmark comparison

Compare Palms, MI to another market.

Palms, MI
Peck, MI
Delta
Median rent
$792
N/A
Median price
$233,583
N/A
YoY change
+$32
N/A
Price-to-rent
24.6x
Data unavailable

Key takeaways

  • Palms, Sanilac County, MI has a higher-grm screening profile: At 25.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $32 year over year.
  • Next discovery step: compare Peck, Sanilac County, MI from the Same county set.