Market Summary

Northville, Wayne County, MI

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Median Home Price Price

$554,310 $554.3K

Median Monthly Rent Rent

$2,345 $2.3K

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
$480,579 $1,406 28.0x
$331,115 $1,406 20.0x
$477,505 $1,409 28.0x
$448,492 $1,829 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
$414,733 $1,422 24.0x
$373,670 $1,895 16.0x
$327,160 $1,305 21.0x

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
$298,615 $1,048 24.0x
$895,686 $2,166 34.0x
$279,397 $1,194 19.0x
$746,019 $2,242 28.0x
$667,961 $2,153 26.0x
$338,751 $1,129 25.0x
$537,383 $2,140 21.0x
$383,706 $1,620 20.0x
$607,100 $2,349 22.0x
$232,768 $1,104 18.0x
$546,872 $2,725 17.0x
$266,219 $1,096 20.0x
$330,630 $1,301 21.0x
$422,363 $1,709 21.0x
$568,904 $2,059 23.0x
$361,307 $2,010 15.0x
$460,058 $2,063 18.0x
$383,527 $1,662 19.0x
$586,935 $2,285 21.0x
$251,263 $866 24.0x
$612,357 $2,120 24.0x
$213,331 $1,136 16.0x
$412,522 $2,275 15.0x
$248,329 $1,202 17.0x
$495,262 $2,235 18.0x
$599,903 $2,261 22.0x
$226,678 $1,172 16.0x
$251,308 $958 22.0x
$583,121 $2,392 20.0x
$332,001 $2,214 13.0x
$293,605 $1,983 12.0x
$280,619 $1,272 18.0x

Home prices

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Monthly rent

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GRM

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Northville

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Trend Insights

Median Rent in Northville, MI is $2,345, with MoM change +$27 and YoY change +$189 pointing to positive momentum while volatility is low (std $47).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Northville, MI.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Northville, MI
Compare market Select a market
Delta vs base
Median rent
$2,345
N/A
Median price
$554,310
N/A
YoY change
+$189
N/A
Price-to-rent
19.7x
Data unavailable
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