Market Summary

Westwood Park, Wayne County, MI

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Median Home Price Price

$57,305 $57.3K

Median Monthly Rent Rent

$1,275 $1.3K

GRM

4.0x

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
$60,130 $1,654 3.0x
$40,345 $1,286 3.0x
$71,651 $1,260 5.0x
$83,175 $1,416 5.0x
$42,336 $1,259 3.0x
$83,514 $1,585 4.0x
$48,129 $1,291 3.0x
$41,735 $1,318 3.0x
$40,973 $1,324 3.0x
$48,944 $1,294 3.0x
$47,557 $1,252 3.0x
$45,056 $1,365 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
$142,405 $2,309 5.0x
$34,492 $1,020 3.0x
$173,760 $1,191 12.0x
$145,051 $1,161 10.0x
$176,798 $1,122 13.0x
$158,176 $1,158 11.0x
$153,716 $1,307 10.0x
$67,898 $1,210 5.0x
$87,403 $1,566 5.0x
$126,530 $1,337 8.0x
$123,156 $1,014 10.0x
$79,573 $1,139 6.0x
$145,104 $1,207 10.0x

Home prices

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Monthly rent

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GRM

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Westwood Park

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Trend Insights

Median Rent in Westwood Park, MI is $1,275, with MoM change +$9 and YoY change +$57 pointing to positive momentum while volatility is low (std $21).

Benchmark Markets Side by Side

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

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Metric
Base market Westwood Park, MI
Compare market Select a market
Delta vs base
Median rent
$1,275
N/A
Median price
$57,305
N/A
YoY change
+$57
N/A
Price-to-rent
3.7x
Data unavailable
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