Grosse Pointe Park Real Estate Market

Grosse Pointe Park Market

The median sale price for homes in Grosse Pointe Park over the last 12 months is $150,265.


The median mortgage debt is $112,526.

Additional Statistics for Single Family Homes and Condos in Grosse Pointe Park, MI
$319,070
Median Listing Price
52
Median Days on Market
114
Active Listings
15.8%
Distressed Listings
(foreclosures and short sales)
Grosse Pointe Park, MI Price Trends - Sold vs. Listed
The median list price in May for single family homes in Grosse Pointe Park is $324,950. The list prices dropped by -0.01% from the previous month.

The price per square foot for listings in this area is $113.

The median sale price in December for single family homes is $183,478. The sale prices increased by 73.09% from the previous month.

Chart Temporarily Unavailable
Grosse Pointe Park, MI Market Inventory Trends

The number of active listings in Grosse Pointe Park increased by 2.8% from the previous month.

The median number of days active properties have been listed is 50. This is significantly shorter than the national average.

The number of sales in December dropped by 57.1% from the previous month.

Chart Temporarily Unavailable
Grosse Pointe Park, MI Property Ownership

This chart shows home occupancy within an area.

A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area.

High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.

Chart Temporarily Unavailable

Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.

GreatSchools Ratings provided by GreatSchools.org