Market Summary

Rivertown, Wayne County, MI

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Median Home Price Price

$243,479 $243.5K

Median Monthly Rent Rent

$1,215 $1.2K

GRM

17.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within 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 within MI outside of Wayne County

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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
$269,485 $1,718 13.0x
$185,126 $1,328 12.0x
$258,875 $1,278 17.0x
$553,388 $2,049 22.0x
$401,943 $2,248 15.0x
$363,464 $1,127 27.0x
$355,112 $1,402 21.0x
$152,112 $1,143 11.0x
$387,092 $2,342 14.0x
$296,250 $1,274 19.0x
$302,038 $1,400 18.0x
$268,856 $1,297 17.0x
$526,054 $2,219 20.0x
$304,294 $1,297 19.0x
$840,825 $2,980 24.0x
$210,589 $1,375 13.0x
$308,426 $1,358 19.0x

Home prices

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Monthly rent

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GRM

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Rivertown

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Trend Insights

Median Rent in Rivertown, MI is $1,215, with MoM change -$3 and YoY change -$28 signaling softening momentum while volatility is low (std $20).

Benchmark Markets Side by Side

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Metric
Base market Rivertown, MI
Compare market Select a market
Delta vs base
Median rent
$1,215
N/A
Median price
$243,479
N/A
YoY change
-$28
N/A
Price-to-rent
16.7x
Data unavailable
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