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Featured local agent — Grosse Pointe Woods, MI
Sarah Mitchell
Compass Real Estate · Grosse Pointe Woods, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Grosse Pointe Woods, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$387,500median sale price
How is the Grosse Pointe Woods, MI housing market right now?
The median home sale price in Grosse Pointe Woods, MI is $387,500, up 7.3% year-over-year. Homes sell in an average of 8 days with 26 active listings. The market is currently a strong 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 Woods a buyer's or seller's market?
Grosse Pointe Woods, MI is currently a strong seller's market, based on 1.3 months of supply and homes selling in about 8 days. How we determine this →
Homes sold
20
Last 12 weeks
Days on market
8
Fast-moving
Active listings
26
1.3 months supply
Sale-to-list
102.7%
Above asking
What does the Grosse Pointe Woods housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $387,500 |
| Median list price | $419,000 |
| Year-over-year price change | +7.3% |
| Average days on market | 8 days |
| Active inventory | 26 listings |
| Months of supply | 1.3 months |
| Sale-to-list price ratio | 102.7% |
| Median price per sq ft | $213/sq ft |
| Homes sold (latest month) | 20 |
| New listings (latest month) | 23 |
| Listings with a price cut | 38.5% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Grosse Pointe Woods by property type?
How the Grosse Pointe Woods, 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 | $387,500 | $213/sq ft | 20 | 8 days |
| Condo / Co-op | $520,000 | $272/sq ft | 3 | 129 days |
Source: Redfin · Updated monthly
The Grosse Pointe Woods housing market is currently classified as a strong seller's market with a median sale price of $387,500. Prices have risen 7.3% compared to last year, with homes spending an average of 8 days on market, indicating 1.3 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 2.8x provides context for how home values compare to local earning capacity.
Homes for sale in Grosse Pointe Woods
There are currently 26 homes listed for sale in Grosse Pointe Woods, Michigan. The median listing price is $419K.
Active listings
26
Homes on market
Median list price
$419K
Avg. days on market
8
Days until sale
New this week
23
Newly listed
Who lives in Grosse Pointe Woods?
Population
16,177
Median income
$129,442/yr
Median age
43.3 years
Owner-occupied
90.5%
College grads
65.9%
Avg commute
25.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Grosse Pointe Woods?
Zillow home value
$361,390
Price-to-income
2.8x
Source: Zillow Research
What is it like to live in Grosse Pointe Woods?
Grosse Pointe Woods is a community of approximately 16K residents with a median age of 43.3 years.The median household income is $129,442, which reflects a relatively affluent area with strong earning potential. 65.9% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 90.5%, 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 Woods offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve 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
Parcells Middle School
Grades 5-8 · 669 students
John Monteith Elementary School
Grades K-4 · 455 students
Ferry Elementary School
Grades K-4 · 345 students
Stevens T Mason Elementary School
Grades K-4 · 278 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 Woods, MI?
Want a head-to-head view? Compare Grosse Pointe Woods 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 Woods?
The median home sale price in Grosse Pointe Woods is $387,500, up 7.3% from last year.
How long do homes stay on market in Grosse Pointe Woods?
Homes typically spend 8 days on market before going under contract.
What is the median income in Grosse Pointe Woods?
The median household income is $129,442 per year.
Is Grosse Pointe Woods a buyer's or seller's market?
With 1.3 months of supply, Grosse Pointe Woods is currently a strong seller's market.
What is the Zillow home value estimate for Grosse Pointe Woods?
The Zillow Home Value Index (ZHVI) for Grosse Pointe Woods is $361,390, representing the typical home value in the area.
What is the median condo price in Grosse Pointe Woods?
The median condo/co-op sale price in Grosse Pointe Woods, MI is $520,000, compared to $387,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Grosse Pointe Woods?
The median single-family home price in Grosse Pointe Woods, MI is $387,500 (about $213 per square foot).
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