Market Summary

Indian Village, Wayne County, MI

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Median Home Price Price

$490,898 $490.9K

Median Monthly Rent Rent

$1,023 $1K

GRM

40.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within 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 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
$367,721 $1,870 16.0x
$634,176 $1,454 36.0x
$218,782 $1,766 10.0x
$284,687 $1,097 22.0x
$217,433 $1,040 17.0x
$851,150 $2,028 35.0x
$98,772 $1,144 7.0x
$235,575 $1,190 17.0x
$377,835 $2,068 15.0x
$145,422 $1,661 7.0x
$153,658 $927 14.0x
$268,502 $1,050 21.0x
$605,647 $1,251 40.0x
$173,511 $1,060 14.0x
$193,317 $1,042 15.0x
$223,888 $1,236 15.0x
$347,774 $2,102 14.0x
$1,111,396 $3,031 31.0x
$622,145 $1,747 30.0x
$195,435 $939 17.0x
$151,821 $905 14.0x

Home prices

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Monthly rent

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GRM

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Indian Village

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Trend Insights

Median Rent in Indian Village, MI is $1,023, with MoM change +$3 and YoY change +$27 pointing to positive momentum while volatility is low (std $7).

Benchmark Markets Side by Side

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Metric
Base market Indian Village, MI
Compare market Select a market
Delta vs base
Median rent
$1,023
N/A
Median price
$490,898
N/A
YoY change
+$27
N/A
Price-to-rent
40.0x
Data unavailable
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