Grosse Pointe Farms
Grosse Pointe Farms Market Report
$832,428
AVERAGE PRICE OF 69 HOMES$1,845,625
AVERAGE PRICE OF 16 MULTI-MILLION DOLLAR HOMES$1,237,065
AVERAGE PRICE OF 12 HOMES WITH A POOL$350,000
AVERAGE PRICE OF 2 REDUCED PRICE HOMESAverage Home
| Average Price | $832,428 |
| Avg Bedrooms | 4.01 beds |
| Avg Bathrooms | 3.21 baths |
Average Price by Bedrooms
| 2 bedrooms | $329,000 |
| 3 bedrooms | $476,611 |
| 4 bedrooms | $581,271 |
| 5 bedrooms | $1,452,500 |
Grosse Pointe Farms Home Price Trends
| 5/2023 | 4/2023 | 3/2023 | 2/2023 | 1/2023 | |
|---|---|---|---|---|---|
| Total Listings | 72 | 62 | 56 | 62 | 52 |
| Average Price | $820,376 | $728,522 | $754,241 | $738,815 | $730,642 |
| Avg Price Change | +12.61% | -3.53% | +2.09% | +1.12% | -4.28% |
| Median Price | $502,928 | $497,490 | $523,008 | $535,177 | $461,758 |
| Med Price Change | +1.09% | -5.13% | -2.33% | +15.90% | +6.87% |
| Avg Bedrooms | 3.84 beds | 3.73 beds | 3.87 beds | 3.85 beds | 3.87 beds |
| Avg Bathrooms | 3.12 baths | 3.11 baths | 3.23 baths | 3.29 baths | 3.12 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Grosse Pointe North | 1 | $995,000 | 6 days |
| Grosse Pointe South | 1 | $1,325,000 | 9 days |
| North | 1 | $389,000 | 8 days |
| South High School | 1 | $515,000 | 19 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 69 | $832,428 | 77 days |
| Multi-Million Dollar Homes | 16 | $1,845,625 | 221 days |
| Homes with a Pool | 12 | $1,237,065 | 72 days |
| Reduced Price Homes | 2 | $350,000 | 24 days |
