Grosse Pointe Park, MI

Seller's market-14.7% YoY

Housing market overview · Updated weekly

$456,250median sale price

Homes sold

8

Last 12 weeks

Days on market

36

Average pace

Active listings

21

2.6 months supply

Sale-to-list

101.4%

Above asking

The Grosse Pointe Park housing market is currently classified as a seller's market with a median sale price of $456,250. Prices have fallen 14.7% compared to last year, with homes spending an average of 36 days on market, indicating 2.6 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 Park

There are currently 21 homes listed for sale in Grosse Pointe Park, Michigan. The median listing price is $499K.

Active listings

21

Homes on market

Median list price

$499K

Avg. days on market

36

Days until sale

New this week

11

Newly listed

Price drops:9.5%of listings
Sale-to-list:101.4%

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Frequently asked questions

What is the average home price in Grosse Pointe Park?

The median home sale price in Grosse Pointe Park is $456,250, down 14.7% from last year.

How long do homes stay on market in Grosse Pointe Park?

Homes typically spend 36 days on market before going under contract.

Is Grosse Pointe Park a buyer's or seller's market?

With 2.6 months of supply, Grosse Pointe Park is currently a seller's market.

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