Grosse Pointe, Grosse Pointe Park, MI—48230
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$504,000
4.6% YoY Growth
Household Income
$131,000
18.6% YoY Growth
Days on Market
41
50.0% Longer YoY
Home Price Forecast
0.7%
Median Rent
$1,700
8.5% YoY Growth
1-Bed Rent
$1,150
37.5% YoY Growth
2-Bed Rent
$1,500
13.9% YoY Growth
3-Bed Rent
$2,200
11.2% YoY Growth
Home Price Trends — Grosse Pointe, Grosse Pointe Park, MI
As of May '26, the median home price in Grosse Pointe, Grosse Pointe Park, MI is $504,000, with a year-over-year change of 4.6%. This indicates that home prices in Grosse Pointe, Grosse Pointe Park, MI are increasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $504,000 | 4.6% |
| Single Family | $523,000 | 4.2% |
| Condos | $327,000 | 2.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |