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

Market Summary

Grosse Pointe, Wayne County, MI

Median Home Price Price

$448,492 $448.5K

Median Monthly Rent Rent

$1,829 $1.8K

GRM

20.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Grosse Pointe, MI is $1,829, with MoM change +$17 and YoY change +$115 pointing to positive momentum while volatility is low (std $27).

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Metric

Base market Grosse Pointe, MI

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Delta vs base

Median rent

$1,829

N/A

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Median price

$448,492

N/A

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YoY change

+$115

N/A

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Price-to-rent

20.4x

Data unavailable

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