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

Market Summary

Downtown, Grand Traverse County, MI

Median Home Price Price

$434,318 $434.3K

Median Monthly Rent Rent

$1,448 $1.4K

GRM

25.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Downtown, MI is $1,448, with MoM change +$8 and YoY change +$68 pointing to positive momentum while volatility is low (std $15).

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Metric

Base market Downtown, MI

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Delta vs base

Median rent

$1,448

N/A

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Median price

$434,318

N/A

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YoY change

+$68

N/A

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Price-to-rent

25.0x

Data unavailable

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