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Bankruptcy Homes in Grosse Pointe, MI

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Grosse Pointe, MI Foreclosures

How much do homes sell for in Grosse Pointe, MI?
The average home price is currently $600,170.
In Grosse Pointe, MI, how many homes are available?
There are currently 37 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 $3,748,900.
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 picturesque city situated along Lake St. Clair, offering a suburban atmosphere with easy access to Detroit. The area is characterized by beautiful historic homes, excellent schools, and a vibrant local community. Residents enjoy a range of amenities and recreational opportunities, making it an ideal location for families.

Current Market Conditions in Grosse Pointe, MI

The Grosse Pointe real estate market is currently experiencing a steady increase in home prices, driven by high demand coupled with limited inventory. Homes in this desirable area sell quickly, often above asking price, as buyers seek the unique charm and quality of life that Grosse Pointe offers.

Home Value Estimator For Grosse Pointe, MI

There are currently 120 real estate properties in Grosse Pointe, MI, with a median automated valuation model (AVM) price of $413,611.00. 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 $600,170.00, with the most expensive house in Grosse Pointe, MI, topping out at $3,748,900.00 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 Bankruptcy Homes

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