Grosse Pointe, MI

Buyer's market-0.5% YoY

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

Price drops:18.8%of listings
Sale-to-list:96.6%

Explore nearby cities in MI

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.

Get Grosse Pointe market alerts

Weekly updates on prices, inventory, and trends. Free forever.