Harper Woods, Wayne County, MI Housing Trends, Rent, Price-to-Rent

Market Summary

Harper Woods, Wayne County, MI

Median Home Price Price

$145,835 $145.8K

Median Monthly Rent Rent

$1,648 $1.6K

GRM

7.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Harper Woods, MI is $1,648, with MoM change +$17 and YoY change +$115 pointing to positive momentum while volatility is low (std $28).

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Metric

Base market Harper Woods, MI

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Delta vs base

Median rent

$1,648

N/A

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Median price

$145,835

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YoY change

+$115

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Price-to-rent

7.4x

Data unavailable

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