Housing in Grosse Pointe, MI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$480,000

Median List Price

$245,000

Price Per Sq Ft

$160

Days on Market

24

Active Inventory

16

Months of Supply

5.3

Balanced market

Zillow Home Value

$453,408

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 68.7%List Price 42.0%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

33.3%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

99.6%

Buyer's market

Sold Above Asking
33.3%
Under Contract in 2 Wks
0.0%
Listings with Price Drops
12.5%

Market Activity

Source: Redfin

Homes Sold

3

New Listings

4

Pending Sales

1

Homes Sold 66.7%New Listings 50.0%Pending 90.9%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$160

Median List $/SF

$189

Sale $/SF 22.7%List $/SF 11.3%Mar 24Jan 26

Grosse Pointe vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Grosse Pointe 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

$391,800

Median Rent

$1,670

Total Housing Units

2,431

Vacancy Rate

10.2%

Owner Occupied

84.2%

Renter Occupied

15.8%

Median Property Tax

$7,340

per year

Monthly Cost (w/ Mortgage)

$1,931

Housing Types

Single Family
83.5%
Multi-Family
16.5%
Mobile Home
0.0%

The current median sale price in Grosse Pointe, MI is $480,000 according to Redfin data. Homes spend a median of 24 days on the market. 33.3% of homes sold above asking price. The market has 5.3 months of supply. The median price per square foot is $160. The median rent is $1,670 per month (Census ACS). About 84.2% of housing units are owner-occupied. The median year homes were built is 1938. There are 2,431 total housing units.