Oak Grove, Wayne County, MI Housing Trends, Rent, Price-to-Rent

Market Summary

Oak Grove, Wayne County, MI

Median Home Price Price

$92,152 $92.2K

Median Monthly Rent Rent

$1,225 $1.2K

GRM

6.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Oak Grove, MI is $1,225, with MoM change +$7 and YoY change +$27 pointing to positive momentum while volatility is low (std $5).

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Metric

Base market Oak Grove, MI

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Delta vs base

Median rent

$1,225

N/A

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Median price

$92,152

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YoY change

+$27

N/A

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Price-to-rent

6.3x

Data unavailable

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