Grosse Pointe Farms, MI

Seller's market-43.2% YoY

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

Sale-to-list:98.3%

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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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