Market Summary

Oakman Grove, Wayne County, MI

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Median Home Price Price

$189,023 $189K

Median Monthly Rent Rent

$1,586 $1.6K

GRM

10.0x

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
$216,298 $1,710 11.0x
$219,524 $1,701 11.0x
$209,744 $1,688 10.0x
$211,440 $1,737 10.0x
$276,389 $1,803 13.0x
$174,412 $1,657 9.0x
$224,785 $1,451 13.0x
$191,396 $1,660 10.0x
$208,243 $1,682 10.0x
$235,096 $1,651 12.0x
$222,428 $1,665 11.0x
$196,163 $1,694 10.0x
$206,252 $1,581 11.0x

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

No similar markets found for this scope.

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
$650,273 $1,722 31.0x
$129,319 $1,115 10.0x
$173,685 $1,396 10.0x
$207,603 $1,378 13.0x
$227,751 $1,573 12.0x
$196,827 $1,746 9.0x
$285,596 $1,664 14.0x
$212,093 $1,238 14.0x
$335,725 $1,754 16.0x
$424,810 $1,870 19.0x
$374,508 $1,881 17.0x
$200,530 $1,600 10.0x
$205,922 $1,731 10.0x
$176,077 $1,268 12.0x

Home prices

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Monthly rent

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GRM

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Oakman Grove

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Trend Insights

Median Rent in Oakman Grove, MI is $1,586, with MoM change +$25 and YoY change +$191 pointing to positive momentum while volatility is low (std $53).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Oakman Grove, MI.

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Metric
Base market Oakman Grove, MI
Compare market Select a market
Delta vs base
Median rent
$1,586
N/A
Median price
$189,023
N/A
YoY change
+$191
N/A
Price-to-rent
9.9x
Data unavailable
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