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Foreclosure Homes in Grosse Pointe, MI

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Grosse Pointe, MI Foreclosures

Current Market Conditions in in Grosse Pointe, MI As of February 2026?
Over the past month, Grosse Pointe's real estate market has seen slight fluctuations with a modest increase in home sales as buyers rush to settle before the winter months. Listings have seen a gradual decrease as available homes are purchased quickly, with the average days on the market decreasing to just over two weeks. Price appreciation coupled with a shortage of inventory suggests the market remains a seller's market, reinforcing Grosse Pointe's reputation as a desirable living area.
How much do homes sell for in Grosse Pointe, MI?
The average home price is currently $550,331.
In Grosse Pointe, MI, how many homes are available?
There are currently 48 active home listings available in Grosse Pointe.
What’s the average rental cost in Grosse Pointe, MI?
The average rental price in Grosse Pointe is $1,687.
What is the most expensive home in Grosse Pointe?
The most expensive home sold in Grosse Pointe had a price of $3,954,400.
What is currently the cheapest priced home in Grosse Pointe, MI?
The cheapest home for sale in Grosse Pointe is priced at $28,097.

Living in Grosse Pointe, MI

Grosse Pointe, MI, is a charming suburban community located along Lake St. Clair known for its beautiful homes and tree-lined streets. The area offers a strong sense of community, excellent schools, and a wealth of recreational activities including parks and waterfront pursuits. With easy access to Detroit, Grosse Pointe combines suburban living with urban convenience.

Buyer vs Seller Market in Grosse Pointe, MI

The real estate market in Grosse Pointe is highly competitive, with homes often selling above their asking prices due to high demand. The area's historical charm attracts buyers looking for well-preserved properties and scenic views, contributing to consistent appreciation in property values.

There has been an uptick in new construction projects and renovations as homeowners seek to modernize older homes while maintaining the architectural integrity that characterizes Grosse Pointe. This trend reflects the area's desirability and commitment to quality living.

Home Value Estimator For Grosse Pointe, MI

There are currently 159 real estate properties in Grosse Pointe, MI, with a median automated valuation model (AVM) price of $399,361.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Grosse Pointe, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Grosse Pointe, MI, is $550,331.00, with the most expensive house in Grosse Pointe, MI, topping out at $3,954,400.00 and the cheapest home in Grosse Pointe, MI, clocking in at $28,097.00. In other words, there’s something for every potential homebuyer or savvy investor in Grosse Pointe, MI!

Rent Prices In Grosse Pointe, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Grosse Pointe, MI, is on a rollercoaster ride. The average rent price in Grosse Pointe, MI, is $1,687.00. Indeed, when looking to rent in Grosse Pointe, MI, you can expect to pay as little as $840.00 or as much as $3,120.00, with the average rent median estimated to be $1,580.00. The good news is that finding an affordable and desirable property to rent in Grosse Pointe, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Grosse Pointe, MI Foreclosures

Market Trend for Grosse Pointe, MI

Total Listings Available: 48

Market Values:

Home Prices from $28,097 to $3,954,400

Average Sales Price: $550,331

Rental Values:

Rental from $840 to $3,120

Average Rent Value: $1,687 / month

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