Grosse Pointe, MI Home Values & Market Trends
Real estate market trends reflect that there have been 142 transactions over the past year in Grosse Pointe. The median value for residential home transactions that occurred over the previous year is $451,752. The number of current listings in Grosse Pointe is 188, and the percentage of properties for sale in the city is 188.00%. Grosse Pointe, MI currently has 5 properties in foreclosure, 2 bank owned properties, 3 properties headed for auction, and 188 properties for sale.
Grosse Pointe, MI Real Estate Market Overview
Housing Market Summary for Grosse Pointe, MI
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $385K | $419.5K | 8.96% |
| Median Sold Price | $455K | $333.3K | -26.75% |
| Homes For Sale | 123 | 189 | 53.66% |
| Homes Sold | 73 | 41 | -43.84% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Grosse Pointe, MI
Browse Homes in Grosse Pointe, MI
Grosse Pointe home values range from $29,834 to $1,833,815. The median estimated value of a home in Grosse Pointe is $451,752. The median list price of a home is 414,950, and the total count of properties in the city is 241.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Grosse Pointe, MI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Grosse Pointe, MI; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Grosse Pointe, MI ranges from the highest value of $717,695 in 48230 to the lowest value of $92,804 in 48236. Bank owned homes and properties account for 0.83% of properties in Grosse Pointe, MI. There are 2 zips within Grosse Pointe, MI; 48236 containing 5 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions48236 has 6 auction properties, the highest number of properties going to auction in a single zip in the state of Grosse Pointe, MI. Auction homes and other auction properties account for 1.24% of all properties in Grosse Pointe, MI. There are 2 zips within Grosse Pointe, MI; of those zips, the median estimated home value for homes going to auction ranges from $624,968 in 48230 to the lowest value of $103,548 in 48230.
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Guide for Grosse Pointe, MI
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
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