Market Summary

Schaefer Lodge, Wayne County, MI

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Median Home Price Price

$107,755 $107.8K

Median Monthly Rent Rent

$1,242 $1.2K

GRM

7.0x

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
$117,067 $1,247 8.0x
$107,923 $1,339 7.0x
$128,770 $1,239 9.0x
$62,403 $1,257 4.0x
$75,147 $1,302 5.0x
$64,871 $1,268 4.0x
$60,130 $1,654 3.0x
$81,768 $1,528 5.0x
$51,253 $1,519 3.0x
$63,046 $1,310 4.0x
$52,618 $1,265 3.0x
$70,056 $1,331 4.0x
$78,886 $1,261 5.0x
$63,061 $1,622 3.0x
$124,747 $1,244 8.0x
$103,678 $1,259 7.0x
$88,077 $1,284 6.0x
$94,939 $1,240 6.0x
$112,183 $1,655 6.0x
$58,093 $1,280 4.0x
$71,165 $1,331 4.0x
$84,703 $1,278 6.0x
$83,514 $1,585 4.0x

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

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
$406,985 $1,166 29.0x
$166,840 $1,039 13.0x
$52,869 $1,158 4.0x
$140,540 $1,230 10.0x
$437,262 $1,025 36.0x
$100,791 $1,081 8.0x
$200,859 $1,087 15.0x
$54,408 $1,185 4.0x
$175,701 $1,288 11.0x

Home prices

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Monthly rent

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GRM

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Schaefer Lodge

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Trend Insights

Median Rent in Schaefer Lodge, MI is $1,242, with MoM change +$8 and YoY change +$61 pointing to positive momentum while volatility is low (std $14).

Benchmark Markets Side by Side

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

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Metric
Base market Schaefer Lodge, MI
Compare market Select a market
Delta vs base
Median rent
$1,242
N/A
Median price
$107,755
N/A
YoY change
+$61
N/A
Price-to-rent
7.2x
Data unavailable
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