Housing in Grosse Pointe Farms, MI
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$420,000
Median List Price
$399,000
Price Per Sq Ft
$243
Days on Market
29
Active Inventory
16
Months of Supply
2.0
Seller's market
Zillow Home Value
$492,366
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
12.5%
Off Market in 2 Weeks
33.3%
Sale-to-List Ratio
97.9%
Buyer's market
Market Activity
Source: RedfinHomes Sold
8
New Listings
5
Pending Sales
6
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$243
Median List $/SF
$272
Grosse Pointe Farms vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Grosse Pointe Farms is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$418,600
Median Rent
$1,500
Total Housing Units
4,289
Vacancy Rate
2.0%
Owner Occupied
95.8%
Renter Occupied
4.2%
Median Property Tax
$7,397
per year
Monthly Cost (w/ Mortgage)
$2,227
Housing Types
The current median sale price in Grosse Pointe Farms, MI is $420,000 according to Redfin data. Homes spend a median of 29 days on the market. 12.5% of homes sold above asking price. The market has 2.0 months of supply. The median price per square foot is $243. The median rent is $1,500 per month (Census ACS). About 95.8% of housing units are owner-occupied. The median year homes were built is 1947. There are 4,289 total housing units.