37 minutes on Rocket
$10,000 Closing Credit¹
#20250029136, Spencer Ray, Listing Office: Jim Saros Real Estate Services
Grosse Pointe Park Housing Market Report March 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 Seller's Market
Difference Since February 2025
Last month, Grosse Pointe Park has remained a Seller's Market.
Insight
Grosse Pointe Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$357,000$231/SqFt
-$185,000
-34.1%
Based on all homes sold in March 2025
Insight
Homes in Grosse Pointe Park have sold for 34.1% less than they did a month ago.
Summary: The median home sold price in Grosse Pointe Park was $357,000 in March 2025, down 34.1% from last month, and the median price per square foot was $231.
Median Sold Price By Bedrooms
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $397.5K | $405K | +1.9% |
| 33 Bedrooms | $477K | $289K | -39.4% |
| 44 Bedrooms | $714.5K | $650K | -9.0% |
| 55+ Bedrooms | $495K | $885K | +78.8% |
Summary: Grosse Pointe Park housing price by bedroom type for March 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +1.9%. The home price for 3 bedroom homes decreased by -39.4%. The home price for 4 bedroom homes decreased by -9.0%. The home price for 5 bedroom homes increased by +78.8%.
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 |
|---|---|---|
| 28Last MonthMar 2025 | ||
| 242 months agoFeb 2025 | +16.7 % Change MoMFeb – Mar |
Summary: The Grosse Pointe Park real estate market had 28 homes for sale in Mar 2025, a 16.7 % increase compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 9Last MonthMar 2025 | ||
| 82 months agoFeb 2025 | +12.5 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 3 | 3 | 0.0% |
| 33 Bedrooms | 5 | 10 | +100.0% |
| 44 Bedrooms | 12 | 10 | -16.7% |
| 55+ Bedrooms | 4 | 5 | +25.0% |
Summary: Grosse Pointe Park housing inventory by bedroom type for March 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 +100.0%. The inventory for 4 bedroom homes decreased by -16.7%. The inventory for 5 bedroom homes increased by +25.0%.
Asking Price vs. Sold Price
How much do homes in Grosse Pointe Park, MI cost?
Over Asking Price3 Homes
At Asking Price2 Homes
Under Asking Price4 Homes
Insight
If you're buying a home in Grosse Pointe Park, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Grosse Pointe Park in March 2025, up by 12.5% month-over-month. Of the 9 sold homes, 44% were sold under asking, 22% 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 Days7 Homes
30 – 90 Days1 Home
Over 90 Days1 Home
Insight
Many homes in Grosse Pointe Park are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 9 homes were sold in Grosse Pointe Park; 78% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 56 DaysLast MonthMar 2025 | ||
| 30 Days1 month agoFeb 2025 | +82.1 % Change MoMFeb – Mar |
Summary: Homes in Grosse Pointe Park had an average listing age of 56 days in Mar 2025, up by 82.1% compared to the previous month.
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Newest Listings in Grosse Pointe Park, MI
What homes are available in Grosse Pointe Park, MI?
Coming soon
$3,919 Closing Credit¹
#20250028522, Ian Olson, Listing Office: Brookstone, Realtors LLC
6 days on Rocket
$10,000 Closing Credit¹
#50171876, Charles Gates, Listing Office: Sine & Monaghan LLC
Backup offers
$9,488 Closing Credit¹
#20250026006, Lara Miller, Listing Office: Jim Saros Real Estate Services
$10,000 Closing Credit¹
#20250025529, Catherine Harber, Listing Office: @properties Christies Intl RE Grosse Pointe
$3,800 Closing Credit¹
#50171256, Eric Goosen, Listing Office: Berkshire Hathaway HomeServices Kee Realty SCS
$3,919 Closing Credit¹
#20250024297, Ian Olson, Listing Office: Brookstone, Realtors LLC
$5,047 Closing Credit¹
#20250023892, Lara Miller, Listing Office: Jim Saros Real Estate Services
$6,828 Closing Credit¹
#50170219, Rand Sobczak, Listing Office: Real Estate One Grosse Pointe
$10,000 Closing Credit¹
#50168988, Charlene Williams, Listing Office: Sine & Monaghan LLC
$4,452 Closing Credit¹
#20250018090, Spencer Ray, Listing Office: Jim Saros Real Estate Services
$4,026 Closing Credit¹
#50168526, Dino Ricci, Listing Office: Sine & Monaghan LLC
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MLS Disclaimers and Copyright
Based on information from RealComp II Ltd., and MiRealSource Inc. DL for the period 02/01/2025 - 04/01/2025
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: 4/24/2025, 6:24:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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: 4/24/2025, 6:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.