Grosse Pointe Farms
Grosse Pointe Farms Market Report
$880,955
AVERAGE PRICE OF 68 HOMES$2,030,000
AVERAGE PRICE OF 16 MULTI-MILLION DOLLAR HOMES$1,366,110
AVERAGE PRICE OF 9 HOMES WITH A POOL$329,000
AVERAGE PRICE OF 2 REDUCED PRICE HOMESAverage Home
| Average Price | $880,955 |
| Avg Bedrooms | 3.97 beds |
| Avg Bathrooms | 3.22 baths |
Average Price by Bedrooms
| 2 bedrooms | $329,000 |
| 3 bedrooms | $401,094 |
| 4 bedrooms | $736,225 |
| 5 bedrooms | $1,614,375 |
Grosse Pointe Farms Home Price Trends
| 4/2023 | 3/2023 | 2/2023 | 1/2023 | 12/2022 | |
|---|---|---|---|---|---|
| Total Listings | 62 | 56 | 62 | 52 | 60 |
| Average Price | $728,522 | $754,241 | $738,815 | $730,642 | $761,947 |
| Avg Price Change | -3.53% | +2.09% | +1.12% | -4.28% | -8.00% |
| Median Price | $497,490 | $523,008 | $535,177 | $461,758 | $432,066 |
| Med Price Change | -5.13% | -2.33% | +15.90% | +6.87% | -5.98% |
| Avg Bedrooms | 3.73 beds | 3.87 beds | 3.85 beds | 3.87 beds | 3.81 beds |
| Avg Bathrooms | 3.11 baths | 3.23 baths | 3.29 baths | 3.12 baths | 3.02 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Grosse Pointe North | 1 | $995,000 | 100 days |
| South High School | 1 | $515,000 | 8 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 68 | $880,955 | 93 days |
| Multi-Million Dollar Homes | 16 | $2,030,000 | 217 days |
| Homes with a Pool | 9 | $1,366,110 | 85 days |
| Reduced Price Homes | 2 | $329,000 | 65 days |
