Grosse Pointe Farms, MI
Housing market overview · Updated weekly
$440,000median sale price
Homes sold
10
Last 12 weeks
Days on market
114
Average pace
Active listings
9
0.9 months supply
Sale-to-list
98.3%
Below asking
The Grosse Pointe Farms housing market is currently classified as a seller's market with a median sale price of $440,000. Prices have fallen 43.2% compared to last year, with homes spending an average of 114 days on market, indicating 0.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Grosse Pointe Farms
There are currently 9 homes listed for sale in Grosse Pointe Farms, Michigan. The median listing price is $575K.
Active listings
9
Homes on market
Median list price
$575K
Avg. days on market
114
Days until sale
New this week
9
Newly listed
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Frequently asked questions
What is the average home price in Grosse Pointe Farms?
The median home sale price in Grosse Pointe Farms is $440,000, down 43.2% from last year.
How long do homes stay on market in Grosse Pointe Farms?
Homes typically spend 114 days on market before going under contract.
Is Grosse Pointe Farms a buyer's or seller's market?
With 0.9 months of supply, Grosse Pointe Farms is currently a seller's market.
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