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Grosse Pointe, MI

Full City Profile · Michigan · Macomb County County

4.0 /5.0
A Great
5,561 Population 5,246/sq mi density
$141,985 Median Income $75,332 per capita
$391,800 Home Value $462,842 Zillow
$1,670 Median Rent 20.5% income on rent
49°F Avg Temperature 260 sunny days/yr
117 Violent Crime/100K 1,770 property/100K
A
Overall
4.0 / 5.0
Strong
A+
Economy
4.9 / 5.0
$141,985 median income, 2.7% unemployment
A+
Affordability
5.0 / 5.0
$391,800 home value, $1,670/mo rent
F
Safety
1.0 / 5.0
117 violent crimes/100K
A+
Education
5.0 / 5.0
74.5% bachelor's degree or higher

Housing Overview

Median Home Value
$391,800
39% above
US avg: $281,900
Median Rent
$1,670/mo
44% above
US avg: $1,163/mo
Homeownership Rate
84.2%
29% above US avg (65.4%)
Total Housing Units
2,463
Median year built: 1938

Home Value by Source

Census Median
$391,800
Zillow (ZHVI)
$462,842
Median Sale Price
$372,000
Median List Price
$464,950
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

84.2%
Owner-Occupied
15.8%
Renter-Occupied
84%
16%
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: $1,670/mo

Market Indicators (Redfin)

Median Days on Market
140 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
18.8%
of listings with price reduction
Price Per Sq Ft
$229
Active Inventory
16
homes for sale

Affordability & Housing Stock

Rent Burden
20.5%
of renters spending 30%+ of income on housing
34% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
84.2%

Complete Housing Data

Home Values

Census Median Value$391,800
Zillow Home Value (ZHVI)$462,842
Median Sale Price$372,000
Median List Price$464,950
Price Per Sq Ft$229

Rent

Census Median Rent$1,670
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 Market140
Sale-to-List Ratio1.0%
Price Drops18.8%
Homes Sold1
Active Inventory16
Price Per Sq Ft$229

Ownership & Stock

Owner-Occupied84.2%
Renter-Occupied15.8%
Homeownership Rate84.2%
Total Housing Units2,463
Median Year Built1938
Rent Burden20.5%