Grosse Pointe Park, MI housing market
The typical Grosse Pointe Park home is worth about $520,000, up 2.9% in a year, 95% above the Michigan typical home. Homes typically sell in 14 days, a little above asking.
Home values, sales, trends and how Grosse Pointe Park compares with the towns next door — updated as new data is published.
Grosse Pointe Park at a glance
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Typical home value, 2016–2026
Show as a table
| January | Grosse Pointe Park | Michigan |
|---|---|---|
| 2017 | $307,000 | $144,000 |
| 2018 | $321,000 | $155,000 |
| 2019 | $353,000 | $165,000 |
| 2020 | $363,000 | $175,000 |
| 2021 | $385,000 | $194,000 |
| 2022 | $424,000 | $217,000 |
| 2023 | $440,000 | $230,000 |
| 2024 | $461,000 | $241,000 |
| 2025 | $482,000 | $253,000 |
| 2026 | $513,000 | $262,000 |
| August 2026 | $520,000 | $266,000 |
Grosse Pointe Park and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Grosse Pointe Park | $520K | +2.9% | 14 | $124,111 |
| Detroit | $77K | −5.7% | 54 | $39,938 |
| Grosse Pointe | $488K | +4% | 26 | $158,853 |
4.2 years of income
The typical Grosse Pointe Park home costs about 4.2 years of the town's median household income, more than across Michigan (3.7 years).
How Grosse Pointe Park ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
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.