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Featured local agent — Grosse Pointe Farms, MI
Sarah Mitchell
Compass Real Estate · Grosse Pointe Farms, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Grosse Pointe Farms, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$850,000median sale price
How is the Grosse Pointe Farms, MI housing market right now?
The median home sale price in Grosse Pointe Farms, MI is $850,000, up 54.5% year-over-year. Homes sell in an average of 28 days with 14 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Grosse Pointe Farms a buyer's or seller's market?
Grosse Pointe Farms, MI is currently a seller's market, based on 2.8 months of supply and homes selling in about 28 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
28
Average pace
Active listings
14
2.8 months supply
Sale-to-list
98.8%
Below asking
What does the Grosse Pointe Farms housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $850,000 |
| Median list price | $525,000 |
| Year-over-year price change | +54.5% |
| Average days on market | 28 days |
| Active inventory | 14 listings |
| Months of supply | 2.8 months |
| Sale-to-list price ratio | 98.8% |
| Median price per sq ft | $301/sq ft |
| Homes sold (latest month) | 5 |
| New listings (latest month) | 15 |
| Listings with a price cut | 28.6% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Grosse Pointe Farms by property type?
How the Grosse Pointe Farms, MI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $850,000 | $301/sq ft | 5 | 28 days |
| Condo / Co-op | $1.28M | $486/sq ft | 1 | 12 days |
Source: Redfin · Updated monthly
The Grosse Pointe Farms housing market is currently classified as a seller's market with a median sale price of $850,000. Prices have risen 54.5% compared to last year, with homes spending an average of 28 days on market, indicating 2.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.3x provides context for how home values compare to local earning capacity.
Homes for sale in Grosse Pointe Farms
There are currently 14 homes listed for sale in Grosse Pointe Farms, Michigan. The median listing price is $525K.
Active listings
14
Homes on market
Median list price
$525K
Avg. days on market
28
Days until sale
New this week
15
Newly listed
Who lives in Grosse Pointe Farms?
Population
9,957
Median income
$160,589/yr
Median age
51 years
Owner-occupied
95.8%
College grads
78.9%
Avg commute
25.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Grosse Pointe Farms?
Zillow home value
$535,452
Price-to-income
3.3x
Source: Zillow Research
What is it like to live in Grosse Pointe Farms?
Grosse Pointe Farms is a community of approximately 10K residents with a median age of 51 years.The median household income is $160,589, which reflects a relatively affluent area with strong earning potential. 78.9% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 95.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Grosse Pointe Farms offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Grosse Pointe Farms?
4 schools tracked · 2,340 students
The largest public schools serving Grosse Pointe Farms, MI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Grosse Pointe South High School
Grades 9-12 · 1,164 students
Brownell Middle School
Grades 5-8 · 586 students
Kerby Elementary School
Grades K-4 · 295 students
Richard Elementary School
Grades K-4 · 295 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Grosse Pointe Farms, MI?
Want a head-to-head view? Compare Grosse Pointe Farms side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Grosse Pointe Farms?
The median home sale price in Grosse Pointe Farms is $850,000, up 54.5% from last year.
How long do homes stay on market in Grosse Pointe Farms?
Homes typically spend 28 days on market before going under contract.
What is the median income in Grosse Pointe Farms?
The median household income is $160,589 per year.
Is Grosse Pointe Farms a buyer's or seller's market?
With 2.8 months of supply, Grosse Pointe Farms is currently a seller's market.
What is the Zillow home value estimate for Grosse Pointe Farms?
The Zillow Home Value Index (ZHVI) for Grosse Pointe Farms is $535,452, representing the typical home value in the area.
What is the median condo price in Grosse Pointe Farms?
The median condo/co-op sale price in Grosse Pointe Farms, MI is $1.28M, compared to $850,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Grosse Pointe Farms?
The median single-family home price in Grosse Pointe Farms, MI is $850,000 (about $301 per square foot).
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