Prospect Park, Washtenaw County, MI Housing Trends, Rent, Price-to-Rent

Market Summary

Prospect Park, Washtenaw County, MI

Median Home Price Price

$251,469 $251.5K

Median Monthly Rent Rent

$1,598 $1.6K

GRM

13.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Prospect Park, MI is $1,598, with MoM change +$11 and YoY change +$95 pointing to positive momentum while volatility is low (std $23).

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Metric

Base market Prospect Park, MI

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Delta vs base

Median rent

$1,598

N/A

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Median price

$251,469

N/A

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YoY change

+$95

N/A

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Price-to-rent

13.1x

Data unavailable

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