Grosse Pointe Farms
Grosse Pointe Farms Market Report
$744,586
AVERAGE PRICE OF 60 HOMES$1,707,000
AVERAGE PRICE OF 10 MULTI-MILLION DOLLAR HOMES$788,332
AVERAGE PRICE OF 15 HOMES WITH A POOL$589,500
AVERAGE PRICE OF 4 REDUCED PRICE HOMESAverage Home
| Average Price | $744,586 |
| Avg Bedrooms | 3.8 beds |
| Avg Bathrooms | 3.2 baths |
Average Price by Bedrooms
| 2 bedrooms | $359,900 |
| 3 bedrooms | $466,487 |
| 4 bedrooms | $746,980 |
| 5 bedrooms | $1,047,333 |
Grosse Pointe Farms Home Price Trends
| 3/2023 | 2/2023 | 1/2023 | 12/2022 | 11/2022 | |
|---|---|---|---|---|---|
| Total Listings | 56 | 62 | 52 | 60 | 68 |
| Average Price | $754,241 | $738,815 | $730,642 | $761,947 | $822,928 |
| Avg Price Change | +2.09% | +1.12% | -4.28% | -8.00% | -0.63% |
| Median Price | $523,008 | $535,177 | $461,758 | $432,066 | $457,891 |
| Med Price Change | -2.33% | +15.90% | +6.87% | -5.98% | -12.01% |
| Avg Bedrooms | 3.87 beds | 3.85 beds | 3.87 beds | 3.81 beds | 3.87 beds |
| Avg Bathrooms | 3.23 baths | 3.29 baths | 3.12 baths | 3.02 baths | 3.09 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Grosse Pointe North | 1 | $995,000 | 43 days |
| Grosse Pointe South | 2 | $587,500 | 64 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 60 | $744,586 | 120 days |
| Multi-Million Dollar Homes | 10 | $1,707,000 | 421 days |
| Homes with a Pool | 15 | $788,332 | 175 days |
| Reduced Price Homes | 4 | $589,500 | 30 days |
