Why Live in Grosse Pointe
Grosse Pointe, Michigan, is a small city known for its bustling downtown retail center, spacious homes, and scenic views of Lake St. Clair. Located 9 miles from Downtown Detroit, it offers convenient access for commuters and those looking to explore Detroit's restaurants and annual car shows. The Village in Downtown Grosse Pointe features popular shops like Ann Taylor Loft and Chico’s, as well as local favorites such as Savvy Chic Boutique and Glitter & Scotch. Dining options abound with places like the Sidecar Slider Bar and the retro-themed Side Street Diner. For live music and bistro fare, residents head to the Dirty Dog Jazz Café on Kercheval Avenue. The city is home to highly rated schools, including Maire Elementary School, Pierce Middle School, and Grosse Pointe South High School, making it an attractive place for families. Housing options range from condos and duplexes to single-family homes with Tudor, Colonial, and Federal-inspired designs. Residents enjoy outdoor activities such as boating, swimming, and fishing on Lake St. Clair, with access points like the Riverside Boat Ramp and Pier Park Boat Launch. Neff Park offers amenities like the Pine Creek Pool, picnic tables, and playground equipment. The Grosse Pointe Public Library hosts events like the annual Books on the Lake, and the Grosse Pointe Art Fair showcases local artists each May. With paved sidewalks throughout the city, residents can easily walk or jog around the area. Beaumont Hospital Grosse Pointe provides nearby medical services, ensuring healthcare is within reach.
Frequently Asked Questions
What is the average home price in Grosse Pointe, MI?
Homes for sale in Grosse Pointe, MI have an average home price of $556,612.
How many homes have sold over the last 12 months in Grosse Pointe, MI?
200 homes have sold in Grosse Pointe, MI over the last 12 months.
What are the most popular zip codes in Grosse Pointe, MI?
How much do you need to make to afford a house in Grosse Pointe?
The median home price in Grosse Pointe is $425,000. If you put a 20% down payment of $85,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $2,200 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $94K a year to afford the median home price in Grosse Pointe.
How are the schools in Grosse Pointe, MI?
Home Trends in Grosse Pointe, MI
On average, homes in Grosse Pointe, MI sell after 36 days on the market compared to the national average of 50 days. The median sale price for homes in Grosse Pointe, MI over the last 12 months is $412,500, up 7% from the median home sale price over the previous 12 months.
Median Sale Price
$412,500
Median Single Family Sale Price
$425,000
Median Townhouse Sale Price
$699,800
Median 2 Bedroom Sale Price
$342,500
Median 1 Bedroom Sale Price
$112,500
Average Price Per Sq Ft
$224
Number of Homes for Sale
20
Last 12 months Home Sales
200
Median List Price
$425,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
7%