New Center Commons, Wayne County, MI Housing Trends, Rent, Price-to-Rent

Market Summary

New Center Commons, Wayne County, MI

Median Home Price Price

$207,642 $207.6K

Median Monthly Rent Rent

$1,220 $1.2K

GRM

14.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in New Center Commons, MI is $1,220, with MoM change +$7 and YoY change +$16 pointing to positive momentum while volatility is low (std $7).

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Metric

Base market New Center Commons, MI

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Delta vs base

Median rent

$1,220

N/A

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Median price

$207,642

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YoY change

+$16

N/A

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Price-to-rent

14.2x

Data unavailable

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