Grosse Pointe Farms, Wayne County, MI Housing Trends, Rent, Price-to-Rent

Market Summary

Grosse Pointe Farms, Wayne County, MI

Median Home Price Price

$480,579 $480.6K

Median Monthly Rent Rent

$1,406 $1.4K

GRM

28.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Grosse Pointe Farms, MI is $1,406, with MoM change +$16 and YoY change +$113 pointing to positive momentum while volatility is low (std $28).

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Metric

Base market Grosse Pointe Farms, MI

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Delta vs base

Median rent

$1,406

N/A

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Median price

$480,579

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YoY change

+$113

N/A

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Price-to-rent

28.5x

Data unavailable

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