Market Summary

Dearborn Hills, Wayne County, MI

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Median Home Price Price

$392,569 $392.6K

Median Monthly Rent Rent

$1,781 $1.8K

GRM

18.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Wayne County

Region Price Rent GRM Display
$317,769 $1,649 16.0x
$282,713 $1,642 14.0x
$343,443 $1,764 16.0x
$222,428 $1,665 11.0x
$277,237 $1,651 14.0x
$364,866 $1,657 18.0x
$209,744 $1,688 10.0x
$289,286 $1,787 13.0x
$448,581 $1,639 23.0x
$251,548 $1,694 12.0x
$324,517 $1,795 15.0x
$196,163 $1,694 10.0x
$276,389 $1,803 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

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
$310,095 $1,632 16.0x
$200,339 $1,628 10.0x
$223,190 $1,599 12.0x
$319,750 $1,637 16.0x
$301,810 $1,630 15.0x
$243,512 $1,400 15.0x
$412,052 $1,690 20.0x
$173,522 $1,230 12.0x
$220,029 $1,592 11.0x
$398,366 $1,704 19.0x
$301,885 $1,578 16.0x
$532,847 $1,666 27.0x
$261,109 $1,464 15.0x
$346,847 $1,639 18.0x
$259,359 $1,845 12.0x
$250,535 $1,663 13.0x
$241,166 $1,376 15.0x
$542,275 $1,825 25.0x
$246,303 $1,539 13.0x
$457,794 $1,760 22.0x
$370,630 $1,333 23.0x
$349,217 $1,987 15.0x
$300,845 $1,844 14.0x

Home prices

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Monthly rent

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GRM

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Dearborn Hills

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Trend Insights

Median Rent in Dearborn Hills, MI is $1,781, with MoM change +$22 and YoY change +$161 pointing to positive momentum while volatility is low (std $43).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Dearborn Hills, MI.

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Metric
Base market Dearborn Hills, MI
Compare market Select a market
Delta vs base
Median rent
$1,781
N/A
Median price
$392,569
N/A
YoY change
+$161
N/A
Price-to-rent
18.4x
Data unavailable
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