Market Summary

Virginia Park, Wayne County, MI

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Median Home Price Price

$214,113 $214.1K

Median Monthly Rent Rent

$1,139 $1.1K

GRM

16.0x

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
$88,611 $1,257 6.0x
$54,190 $1,290 3.0x
$220,992 $1,273 15.0x
$198,443 $1,239 13.0x
$172,112 $1,310 11.0x
$206,255 $1,076 16.0x

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
$177,150 $1,563 9.0x
$884,111 $2,403 31.0x
$198,158 $1,612 10.0x
$635,808 $2,856 19.0x
$129,977 $1,188 9.0x
$521,948 $1,991 22.0x

Home prices

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Monthly rent

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GRM

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Virginia Park

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Trend Insights

Median Rent in Virginia Park, MI is $1,139, with MoM change -$18 and YoY change $0 signaling softening momentum while volatility is low (std $6).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Virginia Park, MI.

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Metric
Base market Virginia Park, MI
Compare market Select a market
Delta vs base
Median rent
$1,139
N/A
Median price
$214,113
N/A
YoY change
$0
N/A
Price-to-rent
15.7x
Data unavailable
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