Market Summary

Grosse Pointe Woods, Wayne County, MI

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Median Home Price Price

$331,115 $331.1K

Median Monthly Rent Rent

$1,406 $1.4K

GRM

20.0x

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
$386,821 $1,823 18.0x
$229,809 $1,363 14.0x
$368,302 $1,727 18.0x
$554,310 $2,345 20.0x
$309,133 $1,417 18.0x

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
$402,392 $1,727 19.0x
$303,286 $1,355 19.0x
$368,257 $1,923 16.0x
$222,586 $1,279 14.0x
$353,708 $1,338 22.0x

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
$232,768 $1,104 18.0x
$261,860 $1,258 17.0x
$287,515 $1,194 20.0x
$269,962 $1,343 17.0x
$308,613 $1,308 20.0x
$267,886 $1,317 17.0x
$277,467 $1,211 19.0x
$292,586 $1,360 18.0x
$470,343 $1,378 28.0x
$237,607 $1,101 18.0x
$361,307 $2,010 15.0x
$349,596 $1,231 24.0x
$528,198 $1,361 32.0x
$181,105 $1,079 14.0x
$286,971 $1,356 18.0x
$400,660 $1,496 22.0x
$317,516 $1,283 21.0x
$397,458 $2,031 16.0x
$202,109 $1,326 13.0x
$243,624 $1,342 15.0x
$278,598 $1,288 18.0x
$341,642 $1,619 18.0x
$291,326 $1,261 19.0x
$397,813 $1,414 23.0x
$232,333 $1,352 14.0x
$406,773 $1,311 26.0x
$502,941 $2,508 17.0x
$481,998 $2,490 16.0x
$320,436 $1,390 19.0x
$275,731 $1,274 18.0x
$330,311 $1,356 20.0x
$513,114 $2,812 15.0x

Home prices

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Monthly rent

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GRM

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Grosse Pointe Woods

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Trend Insights

Median Rent in Grosse Pointe Woods, MI is $1,406, with MoM change +$15 and YoY change +$107 pointing to positive momentum while volatility is low (std $27).

Benchmark Markets Side by Side

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

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Metric
Base market Grosse Pointe Woods, MI
Compare market Select a market
Delta vs base
Median rent
$1,406
N/A
Median price
$331,115
N/A
YoY change
+$107
N/A
Price-to-rent
19.6x
Data unavailable
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