Ford Woods, Wayne County, MI

Median Home Price Price

$206,252 $206.3K

Median Monthly Rent Rent

$1,581 $1.6K

11.0x

Market Snapshot

Ford Woods, Wayne County, MI is a neighborhood market with a median home price of $206,252, a median monthly rent of $1,581, a GRM of 11.0x, and a price-to-rent ratio of 10.9.

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Home prices

Monthly rent

GRM = home price / annual rent

Ford Woods

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Benchmark comparison

Compare Ford Woods, MI to another market.

Compare to Snow Woods, MI
Ford Woods, MI
Snow Woods, MI
Delta
Median rent
$1,581
N/A
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Median price
$206,252
N/A
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YoY change
+$164
N/A
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Price-to-rent
10.9x
Data unavailable
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Key takeaways

  • Ford Woods, Wayne County, MI has a lower-grm screening profile: At 11.0x GRM, current rent may provide stronger support relative to price.
  • Low GRM can also reflect operating friction, softer appreciation expectations, or local risk that GRM does not capture.
  • Rent momentum is positive, with median rent up about $164 year over year.
  • Next discovery step: compare Snow Woods, Wayne County, MI from the Same county set.