Market Summary

Aviation, Wayne County, MI

Neighborhood Last updated April 8, 2026

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GRM sits in a middle range at 15.0x, so price and rent look more balanced than frothier peers.

Median Home Price Price

$244,722 $244.7K

Median Monthly Rent Rent

$1,326 $1.3K

GRM

15.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Key takeaways

Quick read before you scroll

  • GRM sits in a middle range at 15.0x, so price and rent look more balanced than frothier peers.
  • Median rent is up about $94 year over year, which points to positive momentum.
  • Closest benchmark to check next: Westwood, Wayne County, MI in the Same county comparison set.

Similar markets

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Trend Insights

Median Rent in Aviation, MI is $1,326, with MoM change +$13 and YoY change +$94 pointing to positive momentum while volatility is low (std $23).

Similar markets within Wayne County

Region Price Rent GRM Display
$166,248 $1,668 8.0x
$231,549 $1,707 11.0x
$208,243 $1,682 10.0x
$196,163 $1,694 10.0x
$251,548 $1,694 12.0x
$235,096 $1,651 12.0x
$224,785 $1,451 13.0x
$217,852 $1,389 13.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MI outside of Wayne County

Region Price Rent GRM Display
$251,794 $1,305 16.0x
$325,375 $1,541 18.0x

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
$187,304 $1,325 12.0x
$289,880 $1,591 15.0x
$258,735 $1,244 17.0x
$185,904 $1,443 11.0x
$193,317 $1,042 15.0x
$183,027 $1,183 13.0x
$172,023 $1,151 12.0x
$274,295 $1,642 14.0x
$180,809 $1,227 12.0x
$147,969 $1,217 10.0x
$258,924 $1,693 13.0x
$170,715 $1,381 10.0x
$435,563 $1,270 29.0x
$285,384 $1,634 15.0x
$198,718 $1,504 11.0x
$142,052 $1,235 10.0x
$214,541 $1,239 14.0x
$408,202 $1,331 25.0x
$166,643 $1,246 11.0x
$199,188 $1,322 13.0x
$199,769 $1,283 13.0x
$142,088 $1,390 8.0x

Home prices

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Monthly rent

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GRM

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Aviation

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Benchmark comparison

Benchmark Markets Side by Side

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Base market Aviation, MI Current page
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Metric
Base Current market
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Delta
Median rent
Base $1,326
Compare N/A
Median price
Base $244,722
Compare N/A
YoY change
Base +$94
Compare N/A
Price-to-rent
Base 15.4x
Compare Data unavailable

Market notes

Market Snapshot

Aviation, Wayne County, MI is a neighborhood market with a median home price of $244,722, a median monthly rent of $1,326, a GRM of 15.0x, and a price-to-rent ratio of 15.4.

Comparable markets

Comparable Markets

Price $166.2K Rent $1.7K GRM 8.0x
Price $231.5K Rent $1.7K GRM 11.0x
Price $208.2K Rent $1.7K GRM 10.0x
Price $196.2K Rent $1.7K GRM 10.0x

FAQ

Frequently Asked Questions

What is the median home price in Aviation, Wayne County, MI?

TwinMarket currently shows a median home price of $244,722 for Aviation, Wayne County, MI.

What is the median rent in Aviation, Wayne County, MI?

The current TwinMarket market snapshot lists median monthly rent at $1,326 in Aviation, Wayne County, MI.

What is the GRM in Aviation, Wayne County, MI?

TwinMarket currently shows a GRM of 15.0x in Aviation, Wayne County, MI. Use it alongside price, rent, and trend direction rather than as a standalone buy signal.

Which markets look similar to Aviation, Wayne County, MI?

Comparable markets currently surfaced on TwinMarket for Aviation, Wayne County, MI include Westwood, Wayne County, MI, Clements Circle, Wayne County, MI, Henry Ford, Wayne County, MI. Open those pages to compare price, rent, GRM, and recent trend context side by side.

When was the Aviation, Wayne County, MI market page updated?

The market data shown on this page was last updated on April 8, 2026.