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Featured local agent — Village of Grosse Pointe Shores, MI
Sarah Mitchell
Compass Real Estate · Village of Grosse Pointe Shores, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Village of Grosse Pointe Shores, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$812,500median sale price
How is the Village of Grosse Pointe Shores, MI housing market right now?
The median home sale price in Village of Grosse Pointe Shores, MI is $812,500, up 9.8% year-over-year. Homes sell in an average of 32 days with 4 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 Village of Grosse Pointe Shores a buyer's or seller's market?
Village of Grosse Pointe Shores, MI is currently a seller's market, based on 0.7 months of supply and homes selling in about 32 days. How we determine this →
Homes sold
6
Last 12 weeks
Days on market
32
Average pace
Active listings
4
0.7 months supply
Sale-to-list
98.9%
Below asking
What does the Village of Grosse Pointe Shores housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $812,500 |
| Median list price | $1.25M |
| Year-over-year price change | +9.8% |
| Average days on market | 32 days |
| Active inventory | 4 listings |
| Months of supply | 0.7 months |
| Sale-to-list price ratio | 98.9% |
| Median price per sq ft | $215/sq ft |
| Homes sold (latest month) | 6 |
| New listings (latest month) | 4 |
| Listings with a price cut | 50.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Village of Grosse Pointe Shores by property type?
How the Village of Grosse Pointe Shores, 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 | $812,500 | $215/sq ft | 6 | 32 days |
Source: Redfin · Updated monthly
The Village of Grosse Pointe Shores housing market is currently classified as a seller's market with a median sale price of $812,500. Prices have risen 9.8% compared to last year, with homes spending an average of 32 days on market, indicating 0.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Village of Grosse Pointe Shores
There are currently 4 homes listed for sale in Village of Grosse Pointe Shores, Michigan. The median listing price is $1.3M.
Active listings
4
Homes on market
Median list price
$1.3M
Avg. days on market
32
Days until sale
New this week
4
Newly listed
Who lives in Village of Grosse Pointe Shores?
Population
2,589
Median income
$182,000/yr
Median age
49.4 years
Owner-occupied
96.1%
College grads
75.6%
Avg commute
24.3 min
Source: U.S. Census Bureau ACS
What is it like to live in Village of Grosse Pointe Shores?
Village of Grosse Pointe Shores is a community of approximately 3K residents with a median age of 49.4 years.The median household income is $182,000, which reflects a relatively affluent area with strong earning potential. 75.6% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 96.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 24.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Village of Grosse Pointe Shores offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Village of Grosse Pointe Shores, MI?
Want a head-to-head view? Compare Village of Grosse Pointe Shores side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Village of Grosse Pointe Shores?
The median home sale price in Village of Grosse Pointe Shores is $812,500, up 9.8% from last year.
How long do homes stay on market in Village of Grosse Pointe Shores?
Homes typically spend 32 days on market before going under contract.
What is the median income in Village of Grosse Pointe Shores?
The median household income is $182,000 per year.
Is Village of Grosse Pointe Shores a buyer's or seller's market?
With 0.7 months of supply, Village of Grosse Pointe Shores is currently a seller's market.
How much does a single-family home cost in Village of Grosse Pointe Shores?
The median single-family home price in Village of Grosse Pointe Shores, MI is $812,500 (about $215 per square foot).
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