Why Live in Grosse Ile Township
Grosse Ile Township, MI, is an island community situated on the Detroit River, known for its Victorian architecture, small-town farms, and the last remaining lighthouse. The township offers a variety of home styles, including waterfront estates, two-story Colonial revivals, ranch homes, and brick contemporaries, catering to different price points and family sizes. The local school district is highly rated, with Parke Lane Elementary School, Grosse Ile Middle School, and Grosse Ile High School consistently ranking among the best in the state. The township hosts community events like Islandfest, featuring carnival rides, vendors, live music, food trucks, and fireworks. While the area lacks notable parks, it boasts ample green spaces protected from development, including the trails of Detroit River International Wildlife Refuge and world-class golf courses like Grosse Ile Golf & Country Club. The commercial corridor along Macomb Street includes national brands like CVS and Kroger, as well as local spots like Island Goods and the Bicycle Museum. Dining options include Perdino’s for steaks and seafood, and Loyd’s for wood-fired pizzas. Transportation relies on two bridges connecting the island to the mainland, with drivers less than four miles from Trenton and seven miles from Interstate 75.
Frequently Asked Questions
What is the average home price in Grosse Ile Township, MI?
Homes for sale in Grosse Ile Township, MI have an average home price of $466,621.
How many homes have sold over the last 12 months in Grosse Ile Township, MI?
176 homes have sold in Grosse Ile Township, MI over the last 12 months.
What are the most popular zip codes in Grosse Ile Township, MI?
How much do you need to make to afford a house in Grosse Ile Township?
The median home price in Grosse Ile Township is $389,000. If you put a 20% down payment of $77,800 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $2,010 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $86K a year to afford the median home price in Grosse Ile Township.
How are the schools in Grosse Ile Township, MI?
Home Trends in Grosse Ile Township, MI
On average, homes in Grosse Ile Township, MI sell after 41 days on the market compared to the national average of 50 days. The median sale price for homes in Grosse Ile Township, MI over the last 12 months is $372,500, up 1% from the median home sale price over the previous 12 months.
Median Sale Price
$372,500
Median Single Family Sale Price
$388,000
Median 2 Bedroom Sale Price
$174,000
Median 1 Bedroom Sale Price
$93,500
Average Price Per Sq Ft
$193
Number of Homes for Sale
44
Last 12 months Home Sales
176
Median List Price
$389,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
1%
