Market Summary

Grosse Pointe Shores, Wayne County, MI

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Median Home Price Price

$718,397 $718.4K

Median Monthly Rent Rent

$1,405 $1.4K

GRM

42.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Wayne County

Region Price Rent GRM Display
$480,579 $1,406 28.0x
$477,505 $1,409 28.0x
$554,310 $2,345 20.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MI outside of Wayne County

Region Price Rent GRM Display
$451,754 $1,233 30.0x
$351,969 $1,137 26.0x

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
$286,698 $1,302 18.0x
$204,793 $1,386 12.0x
$440,629 $1,214 30.0x
$704,997 $2,436 24.0x
$192,727 $1,156 14.0x
$280,762 $906 26.0x
$525,653 $2,088 21.0x
$424,407 $1,469 24.0x
$257,849 $947 22.0x
$585,209 $2,218 22.0x
$245,127 $1,187 17.0x
$274,236 $947 24.0x
$246,793 $1,216 17.0x
$342,031 $992 28.0x
$636,157 $1,527 35.0x
$568,904 $2,059 23.0x
$382,021 $1,287 24.0x
$255,042 $1,146 18.0x
$717,605 $2,404 25.0x
$393,392 $1,783 18.0x
$298,453 $1,307 19.0x
$283,222 $1,140 20.0x
$669,061 $1,112 50.0x
$189,422 $1,207 13.0x
$491,471 $1,876 22.0x
$633,882 $1,966 27.0x
$773,828 $2,353 27.0x
$507,173 $1,547 27.0x
$570,878 $1,239 38.0x
$184,115 $1,302 12.0x
$427,524 $2,389 15.0x
$269,248 $1,316 17.0x
$264,274 $1,005 22.0x
$223,131 $1,238 15.0x
$151,957 $769 16.0x
$358,838 $1,319 23.0x

Home prices

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Monthly rent

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GRM

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Grosse Pointe Shores

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Trend Insights

Median Rent in Grosse Pointe Shores, MI is $1,405, with MoM change +$16 and YoY change +$116 pointing to positive momentum while volatility is low (std $29).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Grosse Pointe Shores, MI.

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Metric
Base market Grosse Pointe Shores, MI
Compare market Select a market
Delta vs base
Median rent
$1,405
N/A
Median price
$718,397
N/A
YoY change
+$116
N/A
Price-to-rent
42.6x
Data unavailable
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