The housing market in Village of Grosse Pointe Shores, MI is thriving. The median value for homes in this village is significantly higher than the national median of $338,100, at $624,700. This reflects strong growth in the local housing market and is further supported by a 1 year appreciation rate of 4.30%, which is lower than the national rate of 8.27%. With a well-established community and beautiful landscape, it is no surprise that homes in Village of Grosse Pointe Shores are in high demand.
The median home cost in Village of Grosse Pointe Shores is $624,700. Home appreciation the last 10 years has been 130.9%. Home Appreciation in Village of Grosse Pointe Shores is up 9.7%.
Average Age of Homes
- The median age of Village of Grosse Pointe Shores real estate is 54 years old
The Rental Market in Village of Grosse Pointe Shores
- Renters make up 6.7% of the Village of Grosse Pointe Shores population
- 0.0% of houses and apartments in Village of Grosse Pointe Shores, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.