Cherry Hill Estates, Wayne County, MI Housing Trends, Rent, Price-to-Rent

Market Summary

Cherry Hill Estates, Wayne County, MI

Median Home Price Price

$684,805 $684.8K

Median Monthly Rent Rent

$1,689 $1.7K

GRM

34.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Cherry Hill Estates, MI is $1,689, with MoM change +$22 and YoY change +$179 pointing to positive momentum while volatility is low (std $48).

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Metric

Base market Cherry Hill Estates, MI

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Delta vs base

Median rent

$1,689

N/A

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Median price

$684,805

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YoY change

+$179

N/A

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Price-to-rent

33.8x

Data unavailable

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