Springwells Park, Wayne County, MI Housing Trends, Rent, Price-to-Rent

Market Summary

Springwells Park, Wayne County, MI

Median Home Price Price

$317,769 $317.8K

Median Monthly Rent Rent

$1,649 $1.6K

GRM

16.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Springwells Park, MI is $1,649, with MoM change +$20 and YoY change +$157 pointing to positive momentum while volatility is low (std $42).

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Metric

Base market Springwells Park, MI

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Delta vs base

Median rent

$1,649

N/A

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Median price

$317,769

N/A

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YoY change

+$157

N/A

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Price-to-rent

16.1x

Data unavailable

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