Redford, Wayne County, MI Housing Trends, Rent, Price-to-Rent

Market Summary

Redford, Wayne County, MI

Median Home Price Price

$167,357 $167.4K

Median Monthly Rent Rent

$1,667 $1.7K

GRM

8.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Redford, MI is $1,667, with MoM change +$13 and YoY change +$91 pointing to positive momentum while volatility is low (std $21).

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Metric

Base market Redford, MI

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Delta vs base

Median rent

$1,667

N/A

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Median price

$167,357

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YoY change

+$91

N/A

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Price-to-rent

8.4x

Data unavailable

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