Why Live in Grosse Pointe Woods
Grosse Pointe Woods is a suburban neighborhood known for its picturesque parks, excellent schools, and charming old homes. Located near the marinas and parks along Lake St. Clair, this area is ideal for young families, featuring smaller starter homes and well-maintained properties from the early and mid-1900s. Housing styles include cozy ranch homes, modest brick cottages, and larger Colonial Revival, Tudor Revival, and Craftsman homes. The neighborhood is lush with mature trees and landscaping, providing a serene environment. Residents enjoy numerous recreational amenities, such as Ghesquiere Park, which offers baseball diamonds, athletic fields, a playground, and an outdoor skating rink in winter. Smaller parks like Chene-Trombly Park, Jules De Porre Park, and Sweeney Park are scattered throughout the area. Golf enthusiasts can visit the Lochmoor Club and the Country Club of Detroit. The local schools, including John Monteith Elementary School, Parcells Middle School, and Grosse Pointe North High School, are highly rated, making the area attractive for families. Mack Avenue, the main commercial strip, features a variety of dining options, from upscale restaurants like Salvatore Scallopini Italian to casual spots like Papa Romano’s Pizza & Mr. Pita. For groceries, residents have access to a Kroger on Mack Avenue, with Trader Joe’s and Aldi located about 5 miles away. The neighborhood's proximity to Interstate 94 allows for a convenient commute to downtown Detroit, which is less than 15 miles away, and public transit options are available along major roads.
Frequently Asked Questions
Is Grosse Pointe Woods a good place to live?
Grosse Pointe Woods is a good place to live. Grosse Pointe Woods is considered somewhat walkable and somewhat bikeable. Grosse Pointe Woods has 6 parks for recreational activities. It is fairly sparse in population with 5.8 people per acre and a median age of 45. The average household income is $145,131 which is above the national average. College graduates make up 64.5% of residents. A majority of residents in Grosse Pointe Woods are home owners, with 9.9% of residents renting and 90.1% of residents owning their home. A
local real estate agent serving Grosse Pointe Woods can help you decide if this neighborhood is the right one for you. Learn more on our
Grosse Pointe Woods neighborhood guide.
How much do you need to make to afford a house in Grosse Pointe Woods?
The median home price in Grosse Pointe Woods is $349,000. If you put a 20% down payment of $69,800 and had a 30-year fixed mortgage with an interest rate of 6.35%, your estimated principal and interest payment would be $1,740 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $75K a year to afford the median home price in Grosse Pointe Woods. The average household income in Grosse Pointe Woods is $145K.
What are the best public schools in Grosse Pointe Woods?
The best public schools that serve Grosse Pointe Woods are:
What are the best private schools in Grosse Pointe Woods?
The best private schools that serve Grosse Pointe Woods are:
What are the most popular zip codes in Grosse Pointe Woods, Grosse Pointe Woods, MI?
What are the most popular neighborhoods near Grosse Pointe Woods, Grosse Pointe Woods, MI?
Are home prices dropping in Grosse Pointe Woods?
Yes, home prices in Grosse Pointe Woods are down 1% in the last 12 months.
Home Trends in Grosse Pointe Woods, MI
On average, homes in Grosse Pointe Woods, MI sell after 34 days on the market compared to the national average of 52 days. The median sale price for homes in Grosse Pointe Woods, MI over the last 12 months is $340,500, down 1% from the median home sale price over the previous 12 months.
Median Sale Price
$340,500
Median Single Family Sale Price
$340,500
Median 2 Bedroom Sale Price
$487,250
Average Price Per Sq Ft
$215
Number of Homes for Sale
37
Last 12 months Home Sales
257
Median List Price
$349,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-1%
