Market Summary

Ravendale, Wayne County, MI

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Median Home Price Price

$51,967 $52K

Median Monthly Rent Rent

$1,355 $1.4K

GRM

3.0x

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
Wade
$62,717 $1,302 4.0x
Gratiot-Findlay
$55,286 $1,354 3.0x
Nardin Park
$45,944 $1,301 3.0x
Airport Sub
$43,853 $1,320 3.0x
West Village
$300,517 $1,102 23.0x
Barton-McFarland
$64,871 $1,268 4.0x
Brightmoor
$54,656 $1,341 3.0x
Grand River
$48,944 $1,294 3.0x
Littlefield
$46,390 $1,269 3.0x
Piety Hill
$172,112 $1,310 11.0x
Mapleridge
$48,076 $1,320 3.0x
Nortown
$76,064 $1,293 5.0x
Greensbriar
$51,253 $1,519 3.0x
Outer Drive-Hayes
$63,046 $1,310 4.0x
Midwest
$45,056 $1,365 3.0x
Davison
$57,656 $1,323 4.0x
Van Steuban
$57,601 $1,358 4.0x
Conner Creek
$70,056 $1,331 4.0x
Gratiot Woods
$43,656 $1,302 3.0x
Mohican Regent
$81,768 $1,528 5.0x
Eden Gardens
$62,701 $1,300 4.0x
West End
$40,973 $1,324 3.0x
Pulaski
$57,763 $1,490 3.0x
Chandler Park
$58,918 $1,164 4.0x
Regent Park
$60,130 $1,654 3.0x
Pilgrim Village
$41,735 $1,318 3.0x
Chalfonte
$42,336 $1,259 3.0x

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
South New Castle, Lawrence County, PA
$69,440 $1,681 3.0x
North Broadway, Cuyahoga County, OH
$58,308 $908 5.0x
Eastland, Franklin County, OH
$125,564 $1,380 8.0x
St. Claire-Superior, Cuyahoga County, OH
$65,947 $1,262 4.0x
Union Miles Park, Cuyahoga County, OH
$61,977 $1,153 4.0x
Ward Meade, Shawnee County, KS
$83,234 $1,088 6.0x
Quinton Heights, Shawnee County, KS
$91,535 $1,296 6.0x
Easton Heights, Tulsa County, OK
$165,910 $1,415 10.0x
North Central, Rensselaer County, NY
$138,307 $1,340 9.0x
Hough, Cuyahoga County, OH
$82,521 $1,220 6.0x
Constance M. Palmer, Dona Ana County, NM
$220,031 $1,097 17.0x
Cabrini, Pima County, AZ
$229,040 $1,381 14.0x
Cloverleaf, Harris County, TX
$166,919 $1,615 9.0x
Wabash, Tippecanoe County, IN
$160,969 $1,423 9.0x
Shipley Hill, Baltimore City, MD
$47,224 $1,466 3.0x
South Calhoun Place, Allen County, IN
$130,962 $1,307 8.0x
Ellport, Lawrence County, PA
$147,703 $1,612 8.0x

Home prices

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Monthly rent

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GRM

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Ravendale

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Trend Insights

Median Rent in Ravendale, MI is $1,355, with MoM change -$12 and YoY change -$18 signaling softening momentum while volatility is low (std $18).

Benchmark Markets Side by Side

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

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Ravendale, MI
Compare market Select a market
Delta vs base
Median rent
$1,355
N/A
—
Median price
$51,967
N/A
—
YoY change
-$18
N/A
—
Price-to-rent
3.2x
Data unavailable
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