Market Summary

Martin Park, Wayne County, MI

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Median Home Price Price

$98,269 $98.3K

Median Monthly Rent Rent

$1,246 $1.2K

GRM

6.0x

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
$57,656 $1,323 4.0x
$158,364 $1,496 9.0x
$40,253 $1,202 3.0x
$45,056 $1,365 3.0x
$42,336 $1,259 3.0x
$51,184 $1,197 4.0x
$54,656 $1,341 3.0x
$46,390 $1,269 3.0x
$35,399 $1,151 3.0x
$64,871 $1,268 4.0x
$88,077 $1,284 6.0x
$49,570 $1,167 4.0x
$41,735 $1,318 3.0x
$92,152 $1,225 6.0x
$58,797 $1,319 4.0x
$45,944 $1,301 3.0x
$43,853 $1,320 3.0x
$53,754 $1,243 4.0x
$62,970 $1,368 4.0x

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

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
$209,038 $1,294 13.0x
$217,997 $1,238 15.0x
$510,205 $1,327 32.0x
$236,597 $1,323 15.0x
$214,267 $1,290 14.0x
$145,753 $1,752 7.0x
$222,387 $1,304 14.0x
$325,640 $1,339 20.0x
$239,789 $1,309 15.0x
$88,807 $1,427 5.0x
$225,341 $1,714 11.0x
$296,250 $1,274 19.0x
$261,525 $1,263 17.0x
$259,687 $1,348 16.0x
$369,663 $1,319 23.0x
$89,283 $1,316 6.0x
$236,761 $1,316 15.0x
$388,376 $1,403 23.0x
$237,253 $1,222 16.0x
$251,854 $1,329 16.0x
$271,128 $1,292 17.0x
$128,377 $1,397 8.0x

Home prices

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Monthly rent

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GRM

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Martin Park

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Trend Insights

Median Rent in Martin Park, MI is $1,246, with MoM change -$8 and YoY change -$12 signaling softening momentum while volatility is low (std $11).

Benchmark Markets Side by Side

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

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Metric
Base market Martin Park, MI
Compare market Select a market
Delta vs base
Median rent
$1,246
N/A
Median price
$98,269
N/A
YoY change
-$12
N/A
Price-to-rent
6.6x
Data unavailable
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