Market Summary

Hemlock, Wayne County, MI

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Median Home Price Price

$224,785 $224.8K

Median Monthly Rent Rent

$1,451 $1.5K

GRM

13.0x

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
$208,243 $1,682 10.0x
$166,248 $1,668 8.0x
$244,722 $1,326 15.0x
$196,163 $1,694 10.0x
$211,440 $1,737 10.0x
$235,096 $1,651 12.0x

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

No similar markets found for this scope.

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
$414,740 $1,419 24.0x
$174,832 $1,207 12.0x
$166,643 $1,246 11.0x
$435,443 $1,426 25.0x
$208,870 $1,337 13.0x
$164,977 $1,357 10.0x
$276,463 $1,741 13.0x
$257,984 $1,474 15.0x
$195,000 $1,452 11.0x
$196,827 $1,746 9.0x
$224,206 $1,460 13.0x
$542,868 $1,522 30.0x
$274,295 $1,642 14.0x
$199,188 $1,322 13.0x
$191,937 $1,257 13.0x
$200,845 $1,484 11.0x
$446,883 $1,447 26.0x
$147,018 $1,382 9.0x
$176,722 $1,209 12.0x
$413,776 $1,590 22.0x
$285,384 $1,634 15.0x
$151,567 $1,190 11.0x
$199,865 $1,565 11.0x
$181,142 $1,255 12.0x
$276,008 $1,568 15.0x
$258,924 $1,693 13.0x

Home prices

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Monthly rent

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GRM

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Hemlock

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Trend Insights

Median Rent in Hemlock, MI is $1,451, with MoM change +$16 and YoY change +$133 pointing to positive momentum while volatility is low (std $35).

Benchmark Markets Side by Side

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

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Metric
Base market Hemlock, MI
Compare market Select a market
Delta vs base
Median rent
$1,451
N/A
Median price
$224,785
N/A
YoY change
+$133
N/A
Price-to-rent
12.9x
Data unavailable
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