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Grosse Pointe Woods, MI

Full City Profile · Michigan · Macomb County County

3.9 /5.0
B+ Good
16,177 Population 4,993/sq mi density
$129,442 Median Income $60,502 per capita
$322,500 Home Value $343,396 Zillow
$1,755 Median Rent 24.2% income on rent
49°F Avg Temperature 260 sunny days/yr
163 Violent Crime/100K 1,244 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$129,442 median income, 4.1% unemployment
A+
Affordability
5.0 / 5.0
$322,500 home value, $1,755/mo rent
F
Safety
1.0 / 5.0
163 violent crimes/100K
A+
Education
5.0 / 5.0
65.9% bachelor's degree or higher

Housing Overview

Median Home Value
$322,500
14% above
US avg: $281,900
Median Rent
$1,755/mo
51% above
US avg: $1,163/mo
Homeownership Rate
90.5%
38% above US avg (65.4%)
Total Housing Units
6,690
Median year built: 1953

Home Value by Source

Census Median
$322,500
Zillow (ZHVI)
$343,396
Median Sale Price
$316,000
Median List Price
$330,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

90.5%
Owner-Occupied
9.5%
Renter-Occupied
91%
10%
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: $1,755/mo

Market Indicators (Redfin)

Median Days on Market
24 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
19
Price Drops
25.9%
of listings with price reduction
Price Per Sq Ft
$179
Active Inventory
27
homes for sale

Affordability & Housing Stock

Rent Burden
24.2%
of renters spending 30%+ of income on housing
22% below US avg (31.0%)
Median Year Built
1953
Average age of housing stock: 73 years
Homeownership Rate
90.5%

Complete Housing Data

Home Values

Census Median Value$322,500
Zillow Home Value (ZHVI)$343,396
Median Sale Price$316,000
Median List Price$330,000
Price Per Sq Ft$179

Rent

Census Median Rent$1,755
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 Market24
Sale-to-List Ratio1.0%
Price Drops25.9%
Homes Sold19
Active Inventory27
Price Per Sq Ft$179

Ownership & Stock

Owner-Occupied90.5%
Renter-Occupied9.5%
Homeownership Rate90.5%
Total Housing Units6,690
Median Year Built1953
Rent Burden24.2%