Market Summary

Old Towne, Grand Traverse County, MI

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Median Home Price Price

$461,871 $461.9K

Median Monthly Rent Rent

$1,659 $1.7K

GRM

23.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Grand Traverse County

No similar markets found for this scope.

Home prices

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Monthly rent

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GRM

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Similar markets within MI outside of Grand Traverse County

Region Price Rent GRM Display
$508,364 $1,731 24.0x
$464,260 $1,776 22.0x
$516,348 $1,725 25.0x

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
$536,669 $2,309 19.0x
$645,347 $1,849 29.0x
$815,165 $1,901 36.0x
$655,637 $2,384 23.0x
$690,889 $2,421 24.0x
$290,980 $1,653 15.0x
$645,033 $1,976 27.0x
$321,868 $1,797 15.0x
$345,089 $1,313 22.0x
$377,375 $1,654 19.0x
$739,945 $2,319 27.0x
$629,501 $2,028 26.0x
$508,673 $1,846 23.0x
$687,893 $2,471 23.0x
$374,685 $2,121 15.0x
$406,075 $1,705 20.0x
$456,372 $1,894 20.0x
$249,485 $1,653 13.0x
$323,842 $1,473 18.0x

Home prices

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Monthly rent

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GRM

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Old Towne

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Trend Insights

Median Rent in Old Towne, MI is $1,659, with MoM change +$14 and YoY change +$78 pointing to positive momentum while volatility is low (std $17).

Benchmark Markets Side by Side

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Metric
Base market Old Towne, MI
Compare market Select a market
Delta vs base
Median rent
$1,659
N/A
Median price
$461,871
N/A
YoY change
+$78
N/A
Price-to-rent
23.2x
Data unavailable
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