Market Summary

Western Heights, Wayne County, MI

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Median Home Price Price

$243,174 $243.2K

Median Monthly Rent Rent

$1,622 $1.6K

GRM

12.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within 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 within MI outside of Wayne County

Region Price Rent GRM Display
$199,419 $1,357 12.0x
$354,959 $1,755 17.0x
$248,452 $1,898 11.0x
$155,675 $1,359 10.0x

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
$250,535 $1,663 13.0x
$175,480 $1,316 11.0x
$149,474 $1,173 11.0x
$354,251 $1,640 18.0x
$212,093 $1,238 14.0x
$200,339 $1,628 10.0x
$416,257 $1,719 20.0x
$327,731 $1,386 20.0x
$689,126 $1,716 33.0x
$236,613 $1,814 11.0x
$295,322 $1,681 15.0x
$211,473 $1,785 10.0x
$183,605 $1,249 12.0x
$288,149 $1,575 15.0x
$183,012 $1,241 12.0x
$238,000 $1,262 16.0x
$222,085 $1,657 11.0x
$202,177 $1,358 12.0x
$129,319 $1,115 10.0x
$398,366 $1,704 19.0x
$177,606 $1,247 12.0x
$269,306 $1,420 16.0x
$457,794 $1,760 22.0x
$216,593 $1,295 14.0x
$242,867 $1,821 11.0x
$540,727 $1,694 27.0x
$187,051 $1,220 13.0x
$246,211 $1,217 17.0x

Home prices

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Monthly rent

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GRM

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Western Heights

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Trend Insights

Median Rent in Western Heights, MI is $1,622, with MoM change +$20 and YoY change +$157 pointing to positive momentum while volatility is low (std $41).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Western Heights, MI.

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Metric
Base market Western Heights, MI
Compare market Select a market
Delta vs base
Median rent
$1,622
N/A
Median price
$243,174
N/A
YoY change
+$157
N/A
Price-to-rent
12.5x
Data unavailable
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