Market Summary

Sherwood, Wayne County, MI

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Median Home Price Price

$71,908 $71.9K

Median Monthly Rent Rent

$1,224 $1.2K

GRM

5.0x

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
Nortown
$76,064 $1,293 5.0x
Littlefield
$46,390 $1,269 3.0x
Seven Mile-Rouge
$84,399 $1,270 6.0x
Petosky-Otsego
$59,539 $1,131 4.0x
West Village
$300,517 $1,102 23.0x
Northeast Central District
$51,184 $1,197 4.0x
Pulaski
$57,763 $1,490 3.0x
Virginia Park
$214,113 $1,139 16.0x
Davison
$57,656 $1,323 4.0x
Davison-Schoolcraft
$55,550 $1,274 4.0x
Five Points
$83,514 $1,585 4.0x
Barton-McFarland
$64,871 $1,268 4.0x
Conant Gardens
$44,634 $1,097 3.0x
Franklin
$61,708 $1,182 4.0x
Gratiot Woods
$43,656 $1,302 3.0x
Ravendale
$51,967 $1,355 3.0x
Chandler Park
$58,918 $1,164 4.0x
Wade
$62,717 $1,302 4.0x
Nardin Park
$45,944 $1,301 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
Calumet, Lake County, IN
$92,056 $1,209 6.0x
North Riverdale, Montgomery County, OH
$80,768 $1,074 6.0x
Tennessee Town, Shawnee County, KS
$82,224 $1,255 5.0x
Hazelwood, Allegheny County, PA
$79,692 $1,179 6.0x
West Englewood, Cook County, IL
$132,773 $1,406 8.0x
Panway - Braddish Avenue, Baltimore City, MD
$147,770 $1,544 8.0x
Southern Dayton View, Montgomery County, OH
$53,844 $1,112 4.0x
The Greater Ville, Saint Louis City, MO
$40,459 $984 3.0x
North College, Taylor County, TX
$95,363 $1,230 6.0x
Lewis Place, Saint Louis City, MO
$75,124 $1,208 5.0x
Arlington, Allegheny County, PA
$96,328 $1,476 5.0x
North Valley, Onondaga County, NY
$134,043 $1,528 7.0x
Gallup Acres, Cumberland County, NC
$136,647 $1,817 6.0x
Mesta Park, Oklahoma County, OK
$435,324 $1,257 29.0x
Ross Heights, Oklahoma County, OK
$96,785 $1,354 6.0x
Downtown, Ramsey County, MN
$162,706 $1,581 9.0x
Englewood, Cook County, IL
$110,555 $1,433 6.0x
North Loop, Hennepin County, MN
$325,245 $1,458 19.0x
Amphi, Pima County, AZ
$239,789 $1,309 15.0x
St. Louis Place, Saint Louis City, MO
$126,343 $919 11.0x
Wells-Goodfellow, Saint Louis City, MO
$33,372 $1,046 3.0x
Bergen Square, Camden County, NJ
$114,419 $1,382 7.0x
University Hts, Bernalillo County, NM
$301,969 $1,131 22.0x
Brooklyn Centre, Cuyahoga County, OH
$101,692 $1,225 7.0x
College Green, Johnson County, IA
$289,010 $1,369 18.0x
Patch, Saint Louis City, MO
$99,826 $1,137 7.0x
North Broadway, Cuyahoga County, OH
$58,308 $908 5.0x
Booker Washington Heights, Richland County, SC
$58,840 $1,242 4.0x
Mayor's Heights, Monroe County, NY
$88,871 $1,264 6.0x
Elliot Park, Hennepin County, MN
$274,714 $1,247 18.0x
South Marion, Grant County, IN
$66,413 $1,012 5.0x
Mohawk, Mobile County, AL
$185,335 $1,452 11.0x
Broadleigh, Franklin County, OH
$217,979 $1,419 13.0x

Home prices

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Monthly rent

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GRM

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Sherwood

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Trend Insights

Median Rent in Sherwood, MI is $1,224, with MoM change -$5 and YoY change -$3 signaling softening 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 Sherwood, MI.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Sherwood, MI
Compare market Select a market
Delta vs base
Median rent
$1,224
N/A
—
Median price
$71,908
N/A
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YoY change
-$3
N/A
—
Price-to-rent
4.9x
Data unavailable
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