Grosse Pointe Farms, MI housing market
The typical Grosse Pointe Farms home is worth about $529,000, up 5.3% in a year, 99% above the Michigan typical home. Homes typically sell in 28 days, close to asking.
Home values, sales, trends and how Grosse Pointe Farms compares with the towns next door — updated as new data is published.
Grosse Pointe Farms at a glance
A seller's market
Supply is tight — about 2.8 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Grosse Pointe Farms | Michigan |
|---|---|---|
| 2017 | $317,000 | $144,000 |
| 2018 | $342,000 | $155,000 |
| 2019 | $356,000 | $165,000 |
| 2020 | $360,000 | $175,000 |
| 2021 | $385,000 | $194,000 |
| 2022 | $424,000 | $217,000 |
| 2023 | $441,000 | $230,000 |
| 2024 | $460,000 | $241,000 |
| 2025 | $480,000 | $253,000 |
| 2026 | $514,000 | $262,000 |
| August 2026 | $529,000 | $266,000 |
Grosse Pointe Farms and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Grosse Pointe Farms | $529K | +5.3% | 28 | $161,208 |
| Grosse Pointe | $488K | +4% | 26 | $158,853 |
| Grosse Pointe Woods | $357K | +2.6% | 8 | $126,395 |
| Village of Grosse Pointe Shores | — | — | 32 | $189,583 |
3.3 years of income
The typical Grosse Pointe Farms home costs about 3.3 years of the town's median household income, less than across Michigan (3.7 years).
How Grosse Pointe Farms ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Recent listings in Grosse Pointe Farms
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.