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Foreclosure Homes in Grosse Pointe Park, MI

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Grosse Pointe Park, MI Foreclosures

How much do homes sell for in Grosse Pointe Park, MI?
The average home price is currently $567,915.
In Grosse Pointe Park, MI, how many homes are available?
There are currently 12 active home listings available in Grosse Pointe Park.
What’s the average rental cost in Grosse Pointe Park, MI?
The average rental price in Grosse Pointe Park is $1,665.
What is the most expensive home in Grosse Pointe Park?
The most expensive home sold in Grosse Pointe Park had a price of $6,812,377.
What is currently the cheapest priced home in Grosse Pointe Park, MI?
The cheapest home for sale in Grosse Pointe Park is priced at $19,630.

Living in Grosse Pointe Park, MI

Grosse Pointe Park, MI is a picturesque suburb known for its family-friendly atmosphere and lush parks. Residents appreciate the close-knit community, distinctive homes, and access to excellent schools. With a safe environment and easy transit options to Detroit, it’s a prime location for potential homebuyers and investors.

Current Market Conditions in Grosse Pointe Park, MI

The real estate market in Grosse Pointe Park has remained stable, showing a steady increase in property values due to its desirable living conditions. Investors can expect relatively quick sales as families continue to seek homes in this thriving suburb.

Recent trends indicate a growing interest in home renovations and updates, with many buyers looking for properties they can personalize. The median home price is rising, reflecting the area's appeal and the limited inventory available.

Home Value Estimator For Grosse Pointe Park, MI

There are currently 3,908 real estate properties in Grosse Pointe Park, MI, with a median automated valuation model (AVM) price of $494,083.00. 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 Park, 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 Park, MI, is $567,915.00, with the most expensive house in Grosse Pointe Park, MI, topping out at $6,812,377.00 and the cheapest home in Grosse Pointe Park, MI, clocking in at $19,630.00. In other words, there’s something for every potential homebuyer or savvy investor in Grosse Pointe Park, MI!

Rent Prices In Grosse Pointe Park, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Grosse Pointe Park, MI, is on a rollercoaster ride. The average rent price in Grosse Pointe Park, MI, is $1,665.00. Indeed, when looking to rent in Grosse Pointe Park, MI, you can expect to pay as little as $780.00 or as much as $3,240.00, with the average rent median estimated to be $1,640.00. The good news is that finding an affordable and desirable property to rent in Grosse Pointe Park, 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 Park, MI Foreclosures


Market Trend for Grosse Pointe Park, MI

Total Listings Available: 12

Market Values:

Home Prices from $19,630 to $6,812,377

Average Sales Price: $567,915

Rental Values:

Rental from $780 to $3,240

Average Rent Value: $1,665 / month

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