Market Summary

Springwells, Wayne County, MI

Neighborhood Last updated April 8, 2026

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Median Home Price Price

$83,175 $83.2K

Median Monthly Rent Rent

$1,416 $1.4K

GRM

5.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Market Snapshot

Springwells, Wayne County, MI is a neighborhood market with a median home price of $83,175, a median monthly rent of $1,416, a GRM of 5.0x, and a price-to-rent ratio of 4.9.

Comparable Markets

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Similar Markets

Compare nearby and out-of-state comps before deciding whether this market is truly distinctive.

Similar markets within Wayne County

Region Price Rent GRM Display
$57,305 $1,275 4.0x
$40,973 $1,324 3.0x
$147,249 $1,567 8.0x
$71,651 $1,260 5.0x
$83,514 $1,585 4.0x
$48,944 $1,294 3.0x
$60,130 $1,654 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

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
$180,883 $1,251 12.0x
$111,230 $1,261 7.0x
$167,947 $1,452 10.0x
$142,405 $2,309 5.0x
$34,492 $1,020 3.0x
$149,232 $1,236 10.0x
$113,687 $1,249 8.0x
$202,678 $1,460 12.0x
$194,620 $1,158 14.0x
$90,928 $1,205 6.0x
$152,483 $1,548 8.0x
$226,071 $1,760 11.0x
$127,963 $1,275 8.0x
$105,869 $1,144 8.0x
$125,712 $2,084 5.0x
$105,806 $1,281 7.0x
$261,525 $1,263 17.0x
$262,060 $2,956 7.0x
$147,703 $1,612 8.0x

Home prices

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Monthly rent

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GRM

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Springwells

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Trend Insights

Median Rent in Springwells, MI is $1,416, with MoM change +$7 and YoY change +$45 pointing to positive momentum while volatility is low (std $16).

Benchmark Markets Side by Side

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Metric
Base market Springwells, MI
Compare market Select a market
Delta vs base
Median rent
$1,416
N/A
Median price
$83,175
N/A
YoY change
+$45
N/A
Price-to-rent
4.9x
Data unavailable
Frequently Asked Questions

What is the median home price in Springwells, Wayne County, MI?

TwinMarket currently shows a median home price of $83,175 for Springwells, Wayne County, MI.

What is the median rent in Springwells, Wayne County, MI?

The current TwinMarket market snapshot lists median monthly rent at $1,416 in Springwells, Wayne County, MI.

What is the GRM in Springwells, Wayne County, MI?

TwinMarket currently shows a GRM of 5.0x in Springwells, Wayne County, MI. Use it alongside price, rent, and trend direction rather than as a standalone buy signal.

Which markets look similar to Springwells, Wayne County, MI?

Comparable markets currently surfaced on TwinMarket for Springwells, Wayne County, MI include Westwood Park, Wayne County, MI, West End, Wayne County, MI, Rogers Park, Wayne County, MI. Open those pages to compare price, rent, GRM, and recent trend context side by side.

When was the Springwells, Wayne County, MI market page updated?

The market data shown on this page was last updated on April 8, 2026.