Corktown, Wayne County, MI Housing Trends, Rent, Price-to-Rent

Market Summary

Corktown, Wayne County, MI

Median Home Price Price

$474,265 $474.3K

Median Monthly Rent Rent

$1,194 $1.2K

GRM

33.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Corktown, MI is $1,194, with MoM change +$6 and YoY change +$51 pointing to positive momentum while volatility is low (std $11).

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Metric

Base market Corktown, MI

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Delta vs base

Median rent

$1,194

N/A

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Median price

$474,265

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YoY change

+$51

N/A

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Price-to-rent

33.1x

Data unavailable

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