Market Summary

Seven Mile Lodge, Wayne County, MI

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Median Home Price Price

$118,412 $118.4K

Median Monthly Rent Rent

$1,256 $1.3K

GRM

8.0x

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
$107,755 $1,242 7.0x
$71,651 $1,260 5.0x
$92,341 $1,263 6.0x
$84,399 $1,270 6.0x
$88,077 $1,284 6.0x
$94,939 $1,240 6.0x

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
$99,916 $1,272 7.0x
$985,556 $1,081 76.0x

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
$140,540 $1,230 10.0x
$261,109 $1,464 15.0x
$146,699 $1,296 9.0x
$254,691 $1,312 16.0x
$175,701 $1,288 11.0x
$247,217 $1,298 16.0x
$150,074 $1,189 11.0x
$147,164 $1,428 9.0x
$198,929 $1,350 12.0x
$203,376 $1,250 14.0x
$126,349 $1,187 9.0x
$181,257 $1,237 12.0x
$254,411 $1,127 19.0x
$191,162 $1,301 12.0x
$170,352 $1,008 14.0x
$243,015 $1,364 15.0x
$120,268 $983 10.0x
$185,643 $1,162 13.0x
$64,093 $1,060 5.0x

Home prices

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Monthly rent

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GRM

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Seven Mile Lodge

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Trend Insights

Median Rent in Seven Mile Lodge, MI is $1,256, with MoM change +$14 and YoY change +$104 pointing to positive momentum while volatility is low (std $28).

Benchmark Markets Side by Side

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

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Metric
Base market Seven Mile Lodge, MI
Compare market Select a market
Delta vs base
Median rent
$1,256
N/A
Median price
$118,412
N/A
YoY change
+$104
N/A
Price-to-rent
7.9x
Data unavailable
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