Grosse Pointe Woods, MI Housing Market & Real Estate

Seller's market+6.0% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Grosse Pointe Woods, MI is $316,000, up 6.0% year-over-year. Homes sell in an average of 24 days with 27 active listings. The market is currently a seller's market.

$316,000median sale price

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

Seller's market1.4 months of supply24 avg. days on market

Grosse Pointe Woods, MI is currently a seller's market, based on 1.4 months of supply and homes selling in about 24 days. How we determine this →

Homes sold

19

Last 12 weeks

Days on market

24

Average pace

Active listings

27

1.4 months supply

Sale-to-list

97.2%

Below asking

Grosse Pointe Woods, MI market data

Current housing market statistics for Grosse Pointe Woods, MI
MetricValue
Median sale price$316,000
Median list price$330,000
Year-over-year price change+6.0%
Average days on market24 days
Active inventory27 listings
Months of supply1.4 months
Sale-to-list price ratio97.2%
Market conditionSeller's market

Source: Redfin · Updated weekly

The Grosse Pointe Woods housing market is currently classified as a seller's market with a median sale price of $316,000. Prices have risen 6.0% compared to last year, with homes spending an average of 24 days on market, indicating 1.4 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 Woods

There are currently 27 homes listed for sale in Grosse Pointe Woods, Michigan. The median listing price is $330K.

Active listings

27

Homes on market

Median list price

$330K

Avg. days on market

24

Days until sale

New this week

15

Newly listed

Price drops:25.9%of listings
Sale-to-list:97.2%

Top public schools in Grosse Pointe Woods

5 schools tracked · 2,754 students

The largest public schools serving Grosse Pointe Woods, 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 North High School

Grades 9-12 · 1,007 students

Public

Parcells Middle School

Grades 5-8 · 669 students

Public

John Monteith Elementary School

Grades K-4 · 455 students

Public

Ferry Elementary School

Grades K-4 · 345 students

Public

Stevens T Mason Elementary School

Grades K-4 · 278 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

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Frequently asked questions

What is the average home price in Grosse Pointe Woods?

The median home sale price in Grosse Pointe Woods is $316,000, up 6.0% from last year.

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

Homes typically spend 24 days on market before going under contract.

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

With 1.4 months of supply, Grosse Pointe Woods is currently a seller's market.

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