Herman Kiefer, Wayne County, MI Housing Trends, Rent, Price-to-Rent

Market Summary

Herman Kiefer, Wayne County, MI

Median Home Price Price

$109,054 $109.1K

Median Monthly Rent Rent

$1,308 $1.3K

GRM

7.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Herman Kiefer, MI is $1,308, with MoM change +$53 and YoY change +$117 pointing to positive momentum while volatility is low (std $29).

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Metric

Base market Herman Kiefer, MI

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Delta vs base

Median rent

$1,308

N/A

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Median price

$109,054

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YoY change

+$117

N/A

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Price-to-rent

6.9x

Data unavailable

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