Grosse Pointe, MI
Housing market overview · Updated weekly
$372,000median sale price
Homes sold
1
Last 12 weeks
Days on market
140
Average pace
Active listings
16
16.0 months supply
Sale-to-list
96.6%
Below asking
The Grosse Pointe housing market is currently classified as a buyer's market with a median sale price of $372,000. Prices have fallen 0.5% compared to last year, with homes spending an average of 140 days on market, indicating 16.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Grosse Pointe
There are currently 16 homes listed for sale in Grosse Pointe, Michigan. The median listing price is $465K.
Active listings
16
Homes on market
Median list price
$465K
Avg. days on market
140
Days until sale
New this week
8
Newly listed
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Frequently asked questions
What is the average home price in Grosse Pointe?
The median home sale price in Grosse Pointe is $372,000, down 0.5% from last year.
How long do homes stay on market in Grosse Pointe?
Homes typically spend 140 days on market before going under contract.
Is Grosse Pointe a buyer's or seller's market?
With 16.0 months of supply, Grosse Pointe is currently a buyer's market.
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