Grosse Pointe Farms, MI
Full City Profile · Michigan · Macomb County County
4.0
/5.0
A
Great
9,957
Population
3,647/sq mi density
$160,589
Median Income
$94,810 per capita
$418,600
Home Value
$501,581 Zillow
$1,500
Median Rent
29.1% income on rent
49°F
Avg Temperature
260 sunny days/yr
99
Violent Crime/100K
878 property/100K
A
Overall
4.0 / 5.0
Strong
A+
Economy
5.0 / 5.0
$160,589 median income, 1.5% unemployment
A+
Affordability
5.0 / 5.0
$418,600 home value, $1,500/mo rent
F
Safety
1.0 / 5.0
99 violent crimes/100K
A+
Education
5.0 / 5.0
78.9% bachelor's degree or higher
Housing Overview
Median Home Value
$418,600
48% above
US avg: $281,900
Median Rent
$1,500/mo
29% above
US avg: $1,163/mo
Homeownership Rate
95.8%
46% above US avg (65.4%)
Total Housing Units
4,263
Median year built: 1947
Home Value by Source
Census Median
$418,600
Zillow (ZHVI)
$501,581
Median Sale Price
$440,000
Median List Price
$575,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
95.8%
Owner-Occupied
4.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent:
$1,500/mo
Market Indicators (Redfin)
Median Days on Market
114 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
10
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$220
Active Inventory
9
homes for sale
Affordability & Housing Stock
Rent Burden
29.1%
of renters spending 30%+ of income on housing
6% below US avg (31.0%)
Median Year Built
1947
Average age of housing stock: 79 years
Homeownership Rate
95.8%
Complete Housing Data
Home Values
| Census Median Value | $418,600 |
| Zillow Home Value (ZHVI) | $501,581 |
| Median Sale Price | $440,000 |
| Median List Price | $575,000 |
| Price Per Sq Ft | $220 |
Rent
| Census Median Rent | $1,500 |
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
| Days on Market | 114 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 10 |
| Active Inventory | 9 |
| Price Per Sq Ft | $220 |
Ownership & Stock
| Owner-Occupied | 95.8% |
| Renter-Occupied | 4.2% |
| Homeownership Rate | 95.8% |
| Total Housing Units | 4,263 |
| Median Year Built | 1947 |
| Rent Burden | 29.1% |
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