Sign In Register

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
96%
4%
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 Market114
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold10
Active Inventory9
Price Per Sq Ft$220

Ownership & Stock

Owner-Occupied95.8%
Renter-Occupied4.2%
Homeownership Rate95.8%
Total Housing Units4,263
Median Year Built1947
Rent Burden29.1%