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Grosse Pointe, MI Real Estate & Property Data

Grosse Pointe Real Estate Market Trends

Last Updated: April 29, 2024

Accurate and comprehensive real estate data is critical for insight into Grosse Pointe, MI. ATTOM’s Grosse Pointe real estate data is updated daily, and current market trends show that in Grosse Pointe, MI a total of 842 residential properties have sold over the past year. With a median home price of $360,000 in Grosse Pointe. Get detailed property data for Grosse Pointe, MI instantly. ATTOM is your one-stop-shop for the Grosse Pointe property reports and real estate data you need in Grosse Pointe, MI.

Grosse Pointe Real Estate Market Trends

Get property data for any address in Grosse Pointe, MI or the country:

Total Residential Properties 18,919

Total Commercial Properties 888

Avg. Home Age (Single Family Home) 78 Years

Avg. Square Feet (Single Family Home) 2,189

Total 2024 Residential Sales (year-to-date) 108

% of Homes Seriously Underwater (Q2 2024) 1%

Total 2023 Residential Sales 790

% of Equity Rich Homes (Q2 2024) 33.38%

Effective 2023 Property Tax 1.63%

Total Foreclosure Filings (year-to-date) 3

Grosse Pointe, MI Real Estate Overview

There were 842 residential properties sold in the past year in Grosse Pointe, MI. The median home value in Grosse Pointe, MI is $386,433. There are a total of 18,919 residential properties in the Grosse Pointe.

Median Sales Price i

$360,000

(Feb 2024)

+14.3%

year-over-year

y-o-y

February '24 Feb '24 $360,000
January '24 Jan '24 $371,250
December '23 Dec '23 $371,500
November '23 Nov '23 $398,500
October '23 Oct '23 $390,000
September '23 Sep '23 $390,000
August '23 Aug '23 $427,500
July '23 Jul '23 $385,000
June '23 Jun '23 $406,250
May '23 May '23 $355,000
April '23 Apr '23 $327,000
March '23 Mar '23 $329,000

Median Down Payment i

$70,500

(Feb 2024)

+43.9%

year-over-year

y-o-y

February '24 Feb '24 $70,500
January '24 Jan '24 $60,000
December '23 Dec '23 $21,250
November '23 Nov '23 $50,000
October '23 Oct '23 $50,000
September '23 Sep '23 $62,250
August '23 Aug '23 $77,867
July '23 Jul '23 $62,000
June '23 Jun '23 $69,000
May '23 May '23 $55,800
April '23 Apr '23 $29,500
March '23 Mar '23 $41,000

Number of Homes Sold i

52

(Feb 2024)

+6.1%

year-over-year

y-o-y

February '24 Feb '24 52
January '24 Jan '24 56
December '23 Dec '23 40
November '23 Nov '23 59
October '23 Oct '23 48
September '23 Sep '23 65
August '23 Aug '23 84
July '23 Jul '23 76
June '23 Jun '23 95
May '23 May '23 83
April '23 Apr '23 70
March '23 Mar '23 65

Number of Purchase Loans i

36

(Feb 2024)

+2.9%

year-over-year

y-o-y

February '24 Feb '24 36
January '24 Jan '24 34
December '23 Dec '23 28
November '23 Nov '23 39
October '23 Oct '23 38
September '23 Sep '23 44
August '23 Aug '23 55
July '23 Jul '23 52
June '23 Jun '23 65
May '23 May '23 62
April '23 Apr '23 52
March '23 Mar '23 40

Number of REFI Loans i

28

(Feb 2024)

+21.7%

year-over-year

y-o-y

February '24 Feb '24 28
January '24 Jan '24 28
December '23 Dec '23 22
November '23 Nov '23 16
October '23 Oct '23 31
September '23 Sep '23 38
August '23 Aug '23 27
July '23 Jul '23 34
June '23 Jun '23 29
May '23 May '23 26
April '23 Apr '23 25
March '23 Mar '23 28

Number of HELOC Loans i

22

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 22
January '24 Jan '24 14
December '23 Dec '23 17
November '23 Nov '23 21
October '23 Oct '23 15
September '23 Sep '23 24
August '23 Aug '23 33
July '23 Jul '23 23
June '23 Jun '23 32
May '23 May '23 33
April '23 Apr '23 28
March '23 Mar '23 28

Grosse Pointe, MI Real Estate Market Overview

Last 30 days

Zip
Median Est. Value
Zip
Median Est. Value

48230
$386,433 $176.54/sqft
48236
$365,630 $175.79/sqft

Grosse Pointe, MI Foreclosure Activity

Total Foreclosure Filings i

February '24 Feb '24 N/A
January '24 Jan '24 3
December '23 Dec '23 4
November '23 Nov '23 5
October '23 Oct '23 4
September '23 Sep '23 4
August '23 Aug '23 4
July '23 Jul '23 6
June '23 Jun '23 3
May '23 May '23 3
April '23 Apr '23 1
March '23 Mar '23 4

Foreclosure Starts i

February '24 Feb '24 N/A
January '24 Jan '24 3
December '23 Dec '23 4
November '23 Nov '23 5
October '23 Oct '23 4
September '23 Sep '23 4
August '23 Aug '23 4
July '23 Jul '23 6
June '23 Jun '23 3
May '23 May '23 3
April '23 Apr '23 1
March '23 Mar '23 4

Completed Foreclosures (REOs) i

1

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 1
January '24 Jan '24 2
December '23 Dec '23 N/A
November '23 Nov '23 1
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 3

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