Mount Olivet, Wayne County, MI Housing Trends, Rent, Price-to-Rent

Market Summary

Mount Olivet, Wayne County, MI

Median Home Price Price

$67,245 $67.2K

Median Monthly Rent Rent

$1,245 $1.2K

GRM

4.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Mount Olivet, MI is $1,245, with MoM change +$15 and YoY change +$91 pointing to positive momentum while volatility is low (std $22).

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Metric

Base market Mount Olivet, MI

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Delta vs base

Median rent

$1,245

N/A

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Median price

$67,245

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YoY change

+$91

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Price-to-rent

4.5x

Data unavailable

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