Jefferson, Wayne County, MI Housing Trends, Rent, Price-to-Rent

Market Summary

Jefferson, Wayne County, MI

Median Home Price Price

$184,129 $184.1K

Median Monthly Rent Rent

$1,598 $1.6K

GRM

10.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Jefferson, MI is $1,598, with MoM change +$15 and YoY change +$107 pointing to positive momentum while volatility is low (std $27).

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Metric

Base market Jefferson, MI

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Delta vs base

Median rent

$1,598

N/A

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Median price

$184,129

N/A

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YoY change

+$107

N/A

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Price-to-rent

9.6x

Data unavailable

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