Housing in Grosse Pointe Park, MI
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$587,500
Median List Price
$640,000
Price Per Sq Ft
$216
Days on Market
18
Active Inventory
14
Months of Supply
1.3
Seller's market
Zillow Home Value
$484,934
ZHVI — January 2026
Zillow Rent Index
$1,514
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
18.2%
Off Market in 2 Weeks
40.0%
Sale-to-List Ratio
96.0%
Buyer's market
Market Activity
Source: RedfinHomes Sold
11
New Listings
6
Pending Sales
10
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$216
Median List $/SF
$193
Grosse Pointe Park vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Grosse Pointe Park 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
$460,500
Median Rent
$1,365
Total Housing Units
4,817
Vacancy Rate
4.8%
Owner Occupied
74.0%
Renter Occupied
26.0%
Median Property Tax
$8,950
per year
Monthly Cost (w/ Mortgage)
$2,262
Housing Types
The current median sale price in Grosse Pointe Park, MI is $587,500 according to Redfin data. Homes spend a median of 18 days on the market. 18.2% of homes sold above asking price. The market has 1.3 months of supply. The median price per square foot is $216. Zillow's observed rent index is $1,514/month. About 74.0% of housing units are owner-occupied. The median year homes were built is 1938. There are 4,817 total housing units.