Central, Grand Traverse County, MI Housing Trends, Rent, Price-to-Rent

Market Summary

Central, Grand Traverse County, MI

Median Home Price Price

$500,546 $500.5K

Median Monthly Rent Rent

$1,712 $1.7K

GRM

24.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Central, MI is $1,712, with MoM change +$12 and YoY change +$119 pointing to positive momentum while volatility is low (std $30).

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Metric

Base market Central, MI

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Delta vs base

Median rent

$1,712

N/A

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Median price

$500,546

N/A

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YoY change

+$119

N/A

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Price-to-rent

24.4x

Data unavailable

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