Market Summary

Ford Woods, Wayne County, MI

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Median Home Price Price

$206,252 $206.3K

Median Monthly Rent Rent

$1,581 $1.6K

GRM

11.0x

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
$222,428 $1,665 11.0x
$251,548 $1,694 12.0x
$208,243 $1,682 10.0x
$189,023 $1,586 10.0x
$211,440 $1,737 10.0x
$235,096 $1,651 12.0x
$219,524 $1,701 11.0x
$191,396 $1,660 10.0x
$170,232 $1,649 9.0x
$216,298 $1,710 11.0x
$147,249 $1,567 8.0x
$174,412 $1,657 9.0x
$209,744 $1,688 10.0x
$196,163 $1,694 10.0x

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
$130,995 $1,426 8.0x

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
$319,750 $1,637 16.0x
$233,990 $1,770 11.0x
$220,029 $1,592 11.0x
$373,466 $1,626 19.0x
$175,699 $1,414 10.0x
$261,376 $1,432 15.0x
$105,806 $1,281 7.0x
$268,304 $1,519 15.0x
$244,601 $1,643 12.0x
$283,496 $1,398 17.0x
$196,827 $1,746 9.0x
$310,095 $1,632 16.0x
$195,064 $1,753 9.0x
$187,572 $1,490 11.0x
$308,505 $1,611 16.0x
$212,093 $1,238 14.0x
$352,956 $1,647 18.0x
$173,685 $1,396 10.0x

Home prices

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Monthly rent

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GRM

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Ford Woods

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Trend Insights

Median Rent in Ford Woods, MI is $1,581, with MoM change +$19 and YoY change +$164 pointing to positive momentum while volatility is low (std $44).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Ford Woods, MI.

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Metric
Base market Ford Woods, MI
Compare market Select a market
Delta vs base
Median rent
$1,581
N/A
Median price
$206,252
N/A
YoY change
+$164
N/A
Price-to-rent
10.9x
Data unavailable
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