Coming soon
$10,000 Closing Credit¹
#20251010741, Megan Ford, Listing office: @properties Christies Intl RE Grosse Pointe
Grosse Pointe Park Housing Market Report May 2025•Wayne County, Michigan
Housing Prices in Grosse Pointe Park, MI
How much do homes in Grosse Pointe Park, MI cost?
Housing Market Conditions
Is Grosse Pointe Park, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Grosse Pointe Park is a Buyer's Market
Difference Since May 2024
At the same time last year, Grosse Pointe Park was a Seller's Market.
Insight
Grosse Pointe Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$480,250$182/SqFt
+$15,250
+3.3%
Based on all homes sold in the last 12 months
Insight
Homes in Grosse Pointe Park have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in Grosse Pointe Park was $480,250 in May 2025, up 3.3% from last year, and the median price per square foot was $182.
Median Sold Price By Cities
| City | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| Detroit | $82K | $90K | +9.7% |
| Grosse Pointe Park | $465K | $480.2K | +3.3% |
| Grosse Pointe | $315K | $320K | +1.6% |
Median Sold Price By Bedrooms
| Beds | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $283.5K | $229K | -19.2% |
| 33 Bedrooms | $360K | $335K | -6.9% |
| 44 Bedrooms | $485K | $480.5K | -0.9% |
| 55+ Bedrooms | $484.2K | $580K | +19.8% |
Summary: Grosse Pointe Park housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -19.2%. The home price for 3 bedroom homes decreased by -6.9%. The home price for 4 bedroom homes decreased by -0.9%. The home price for 5 bedroom homes increased by +19.8%.
How does Grosse Pointe Park, MI compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Grosse Pointe Park, MI
Housing supply in Grosse Pointe Park, MI
How many homes are available in Grosse Pointe Park, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 26Last MonthMay 2025 | ||
| 192 months agoApr 2025 | +36.8 % Change MoMApr – May |
Summary: The Grosse Pointe Park real estate market had 26 homes for sale in May 2025, a 36.8 % increase compared to Apr 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 3Last MonthMay 2025 | ||
| 52 months agoApr 2025 | -40.0 % Change MoMApr – May |
Homes For Sale By Bedroom Count
| Beds | Apr 2025 | May 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 0 | 0 | 0.0% |
| 33 Bedrooms | 5 | 7 | +40.0% |
| 44 Bedrooms | 5 | 10 | +100.0% |
| 55+ Bedrooms | 9 | 9 | 0.0% |
Summary: Grosse Pointe Park housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +40.0%. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Grosse Pointe Park, MI cost?
Over Asking Price1 Home
At Asking Price1 Home
Under Asking Price1 Home
Insight
If you're buying a home in Grosse Pointe Park, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Grosse Pointe Park in May 2025, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and and 33% were sold over asking.
Days on Market for Grosse Pointe Park, MI
How long does it take to sell a home in Grosse Pointe Park, MI?
Breakdown of Home Sale Times
Under 30 Days3 Homes
30 – 90 Days0 Home
Over 90 Days0 Home
Insight
Many homes in Grosse Pointe Park are selling fast, if you're buying plan to act quickly.
Summary: During May 2025, 3 homes were sold in Grosse Pointe Park; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 9 DaysThis YearMay 2025 | ||
| 21 Days1 year agoMay 2024 | -55.6 % Change YoYMay 2024 – May 2025 |
Summary: Homes in Grosse Pointe Park had an average listing age of 9 days in May 2025, down by 55.6% compared to the previous year.
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Newest Listings in Grosse Pointe Park, MI
What homes are available in Grosse Pointe Park, MI?
2 days on Rocket
$4,511 Closing Credit¹
#20251007179, Julie Pawlak, Listing office: KW Domain
4 days on Rocket
$6,163 Closing Credit¹
#50178986, Thomas Youngblood, Listing office: Real Estate One Grosse Pointe
5 days on Rocket
$3,563 Closing Credit¹
#50178875, Michael DeFauw, Listing office: Sine & Monaghan LLC
5 days on Rocket
$4,572 Closing Credit¹
#50178786, Cynthia C. Ireland, Listing office: Sine & Monaghan LLC
6 days on Rocket
$10,000 Closing Credit¹
#50178629, Mark Monaghan, Listing office: Sine & Monaghan LLC
7 days on RocketBackup offers
$4,038 Closing Credit¹
#20251007376, Maegan Darbe, Listing office: Rocket Homes Real Estate LLC
$10,000 Closing Credit¹
#50178442, Deborah Caputo, Listing office: Adlhoch & Associates, REALTORS
$7,066 Closing Credit¹
#50178189, Michael DeFauw, Listing office: Sine & Monaghan LLC
$9,055 Closing Credit¹
#25027038, Theresa Spiro, Listing office: @properties Christie's Int'l
#50177476, Michael DeFauw, Listing office: Sine & Monaghan LLC
Backup offers
$4,572 Closing Credit¹
#20251005948, Anne Marie DeRosier, Listing office: Real Estate One-Sterling Heights
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MLS Disclaimers and Copyright
Based on information from MiRealSource Inc. DL, RealComp II Ltd., and Michigan Regional Information Center LLC for the period 06/01/2023 - 06/01/2025
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/24/2025, 7:45:39 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/24/2025, 7:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2025 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/24/2025, 7:40:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.