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Foreclosure Homes in Grosse Pointe, MI

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Fisher-rd-Grosse-pointe-MI-48230
Foreclosure

Fisher Rd
Grosse Pointe, MI 48230

1 University-pl-Grosse-pointe-MI-48230
Foreclosure
$165,000 List Price

University Pl
Grosse Pointe, MI 48230

3 Bed | 2 Bath

Lake-shore-rd-Grosse-pointe-farms-MI-48236
Foreclosure
$3,298,486 EMV

Lake Shore Rd
Grosse Pointe Farms, MI 48236

Hampton-rd-Grosse-pointe-woods-MI-48236
Foreclosure
$142,545 EMV

Hampton Rd
Grosse Pointe Woods, MI 48236

| 1 Bath | 999 Sq. Ft.

Moran-rd-Grosse-pointe-farms-MI-48236
Preforeclosure
$314,963 EMV

Moran Rd
Grosse Pointe Farms, MI 48236

Bishop-rd-Grosse-pointe-park-MI-48230
Bankruptcy NEW
$437,481 EMV

Bishop Rd
Grosse Pointe Park, MI 48230

| 1.5 Bath | 2,470 Sq. Ft.

Hillcrest-st-Grosse-pointe-MI-48236
Bankruptcy NEW

Hillcrest St
Grosse Pointe, MI 48236

| 1 Bath | 1,947 Sq. Ft.

Gateshead-st-Detroit-MI-48236
Bankruptcy NEW

Gateshead St
Detroit, MI 48236

| 1 Bath | 702 Sq. Ft.

Rockcastle-st-Grosse-pointe-MI-48236
Bankruptcy NEW

Rockcastle St
Grosse Pointe, MI 48236

| 1 Bath | 910 Sq. Ft.

Windmill-pointe-dr-Grosse-pointe-park-MI-48230
Bankruptcy NEW
$499,653 EMV

Windmill Pointe Dr
Grosse Pointe Park, MI 48230

Displaying 1 - 10 of 21

Home Value Estimator For Grosse Pointe, MI

There are currently 61 real estate properties in Grosse Pointe, MI, with a median automated valuation model (AVM) price of $427,000.00. 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 $464,508.00, with the most expensive house in Grosse Pointe, MI, topping out at $1,199,000.00 and the cheapest home in Grosse Pointe, MI, clocking in at $141,000.00. 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 $1,751.00. Indeed, when looking to rent in Grosse Pointe, MI, you can expect to pay as little as $850.00 or as much as $3,240.00, with the average rent median estimated to be $1,720.00. 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.


Foreclosure Homes in Grosse Pointe, MI

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Grosse Pointe, MI area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Grosse Pointe, MI and much more. Save thousands at closing with home foreclosure listings in Grosse Pointe, MI — up to 75% off market value!


Top Reasons To Live In Grosse Pointe, MI In 2021

Grosse Pointe is located in Wayne, Michigan, with an estimated municipal population of 5,154 residents. All of the best foreclosed homes for sale in Grosse Pointe are located in the following zip code areas on Foreclosure.com: 48230. The estimated population per square kilometer (.62 miles) in Grosse Pointe is 1,873.


Cost Of Living In Grosse Pointe, MI

So, about how much do homes cost in Grosse Pointe? The most recent median value of resident-owned homes in Grosse Pointe is 353,082. An estimated 80.8 percent of households in Grosse Pointe own their homes, with an average family size of 3.08. The median household income in Grosse Pointe is 106,932, with53.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Grosse Pointe, the median commute time of resident workers (in minutes) is 25.6. And last, but certainly not least, are you looking for homes to rent in Grosse Pointe? If so, the average rent price paid by renters in Grosse Pointe is 1,163, according to recent statistics.


Diversity And Demographics In Grosse Pointe, Michigan

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Grosse Pointe, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Grosse Pointe is 47, split between 47.3 percent male versus 52.7 female. The percentage of residents who report being married in Grosse Pointe is 56.4, with an average family size of 3.08.

The percentage of residents who report their race in Grosse Pointe is as follows:

White 92.2%
Black / African American 3.4%
Asian 0.4%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.5%
Other 0.5%

Looking for family-friendly neighborhoods in and/or near Grosse Pointe? Or maybe you are searching for 55+ active adult communities in and/or near Grosse Pointe?

The percentage of residents who report their age in Grosse Pointe is as follows:

Under 10 10.5%
Aged 10-19 16.7%
20s 6.4%
30s 6.8%
40s 14.7%
50s 16.6%
60s 13.8%
70s 9.3%
80+ 5.2%

Best Schools In Grosse Pointe, Michigan

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Grosse Pointe with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Grosse Pointe.


Pros And Cons Of Living In Grosse Pointe, Michigan

How do you know that living in -- or moving to -- Grosse Pointe is right where you need to be? Perhaps you grew up in Grosse Pointe or already live nearby; therefore, the decision to buy a home in Grosse Pointe is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Grosse Pointe for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Grosse Pointe:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Grosse Pointe.


Reasons To Move To Grosse Pointe, Michigan, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Grosse Pointe can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Grosse Pointe, meanwhile, can field multiple offers from more qualified buyers.

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