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Grosse Pointe Park, MI

Full City Profile · Michigan · Macomb County County

3.9 /5.0
B+ Good
11,394 Population 5,251/sq mi density
$121,796 Median Income $73,874 per capita
$460,500 Home Value $493,454 Zillow
$1,365 Median Rent 26.9% income on rent
49°F Avg Temperature 260 sunny days/yr
127 Violent Crime/100K 1,494 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$121,796 median income, 2.0% unemployment
A+
Affordability
4.6 / 5.0
$460,500 home value, $1,365/mo rent
F
Safety
1.0 / 5.0
127 violent crimes/100K
A+
Education
5.0 / 5.0
71.4% bachelor's degree or higher

Housing Overview

Median Home Value
$460,500
63% above
US avg: $281,900
Median Rent
$1,365/mo
17% above
US avg: $1,163/mo
Homeownership Rate
74.0%
13% above US avg (65.4%)
Total Housing Units
4,845
Median year built: 1938

Home Value by Source

Census Median
$460,500
Zillow (ZHVI)
$493,454
Median Sale Price
$456,250
Median List Price
$499,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

74.0%
Owner-Occupied
26.0%
Renter-Occupied
74%
26%
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: $1,365/mo

Market Indicators (Redfin)

Median Days on Market
36 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
8
Price Drops
9.5%
of listings with price reduction
Price Per Sq Ft
$207
Active Inventory
21
homes for sale

Affordability & Housing Stock

Rent Burden
26.9%
of renters spending 30%+ of income on housing
13% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
74.0%

Complete Housing Data

Home Values

Census Median Value$460,500
Zillow Home Value (ZHVI)$493,454
Median Sale Price$456,250
Median List Price$499,000
Price Per Sq Ft$207

Rent

Census Median Rent$1,365
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 Market36
Sale-to-List Ratio1.0%
Price Drops9.5%
Homes Sold8
Active Inventory21
Price Per Sq Ft$207

Ownership & Stock

Owner-Occupied74.0%
Renter-Occupied26.0%
Homeownership Rate74.0%
Total Housing Units4,845
Median Year Built1938
Rent Burden26.9%