Market Summary

Old Redford, Wayne County, MI

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Median Home Price Price

$102,432 $102.4K

Median Monthly Rent Rent

$1,299 $1.3K

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
Mount Olivet
$67,245 $1,245 4.0x
Buffalo Charles
$131,343 $1,326 8.0x
Van Steuban
$57,601 $1,358 4.0x
O'Hair Park
$75,206 $1,291 5.0x
Castle Rouge
$88,569 $1,478 5.0x
Wildemere Park
$59,631 $1,224 4.0x
Salina
$186,066 $1,443 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

Region Price Rent GRM Display
Genesee, Ingham County, MI
$123,496 $1,168 9.0x
Averill Woods, Ingham County, MI
$199,697 $1,174 14.0x
Downtown, Ingham County, MI
$138,583 $1,220 9.0x
Scott Woods, Ingham County, MI
$146,983 $1,355 9.0x
Colonial Village, Ingham County, MI
$168,809 $1,245 11.0x
Coachlight, Ingham County, MI
$127,080 $1,185 9.0x
Old Everett, Ingham County, MI
$128,382 $1,263 8.0x
Basset Park, Ingham County, MI
$94,849 $1,355 6.0x

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
Causeway, Jefferson Parish, LA
$332,060 $1,532 18.0x
Marshallton, Northumberland County, PA
$48,400 $1,639 2.0x
East End, Blair County, PA
$106,991 $1,007 9.0x
Mitte Cultural District, Cameron County, TX
$146,116 $1,729 7.0x
Fairwold Acres, Richland County, SC
$124,480 $1,318 8.0x
West Buechel, Jefferson County, KY
$160,450 $1,347 10.0x
Butler-Tarkington, Marion County, IN
$306,241 $1,303 19.0x
Newburg, Jefferson County, KY
$166,083 $1,328 10.0x
Edgewood, Jefferson County, KY
$177,477 $1,229 12.0x
Midtown East, Daviess County, KY
$155,817 $1,171 11.0x
Versailles, Allegheny County, PA
$88,568 $1,365 5.0x
Hill Section, Lackawanna County, PA
$186,566 $1,313 12.0x
Orangedale-Prospect Ave, Charlottesville City, VA
$254,492 $1,973 11.0x
Green Ridge, Lackawanna County, PA
$195,607 $1,275 13.0x
Reichlieu, Mobile County, AL
$195,212 $1,240 13.0x
New Duluth, Saint Louis County, MN
$205,106 $1,140 15.0x
Carrollton Ridge, Baltimore City, MD
$38,436 $1,657 2.0x
Howell, Vanderburgh County, IN
$114,845 $1,164 8.0x
Sunshine Gardens, Marion County, IN
$159,760 $1,454 9.0x
Oakdale, Allen County, IN
$170,096 $1,273 11.0x
Hilton Heights, Muscogee County, GA
$393,176 $1,155 28.0x
Espy, Columbia County, PA
$218,663 $1,570 11.0x
Tripp's Park, Lackawanna County, PA
$188,841 $1,346 12.0x
Vasser Village (Lincoln Park), Franklin County, OH
$176,630 $1,599 9.0x
Conneaut Lakeshore, Crawford County, PA
$218,006 $1,626 11.0x
Bashford Manor, Jefferson County, KY
$189,960 $1,428 11.0x
Hendron, McCracken County, KY
$222,477 $1,314 14.0x
Rolling Fields, Jefferson County, KY
$826,586 $1,294 53.0x
West Park, Hinds County, MS
$27,451 $1,179 2.0x
Avenues West, Milwaukee County, WI
$191,037 $1,062 15.0x

Home prices

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Monthly rent

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GRM

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Old Redford

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Trend Insights

Median Rent in Old Redford, MI is $1,299, with MoM change +$19 and YoY change +$103 pointing to positive momentum while volatility is low (std $27).

Benchmark Markets Side by Side

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Metric
Base market Old Redford, MI
Compare market Select a market
Delta vs base
Median rent
$1,299
N/A
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Median price
$102,432
N/A
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YoY change
+$103
N/A
—
Price-to-rent
6.6x
Data unavailable
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