Zip 48236 (Grosse Pointe Woods, MI) Housing

Grosse Pointe Woods, MI (48236) has a median housing value of $357,100, which is significantly higher than the national median value of $338,100. In the past year, the appreciation rate for housing values in Grosse Pointe Woods has been 4.30%, compared to 8.27% on the national level. This suggests that homes in Grosse Pointe Woods are retaining their value at a slower rate than most locations around the country. Despite this lower appreciation rate, Grosse Pointe Woods remains a desirable place to live with its high median housing value and many amenities available in the area for residents to enjoy.

The median home cost in Grosse Pointe Woods (zip 48236) is $357,100. Home appreciation the last 10 years has been 130.9%. Home Appreciation in Grosse Pointe Woods (zip 48236) is up 9.7%.

Average Age of Homes

- The median age of Grosse Pointe Woods (zip 48236) real estate is 64 years old

The Rental Market in Grosse Pointe Woods (zip 48236)

- Renters make up 8.4% of the Grosse Pointe Woods (zip 48236) population
- 0.2% of houses and apartments in Grosse Pointe Woods (zip 48236), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Grosse Pointe Woods, Michigan	United States
	12,666.0	139,647,020.0
	68	42
	$357,100	$338,100
	9.7%	16.6%
	52.6%	57.0%
	130.9%	101.1%
	$19.14	$10.98
	$5,900	$2,690
	87.6%	57.4%
	3.6%	11.2%
	8.8%	31.4%
Vacant Housing
	0.2%	1.9%
	0.1%	0.4%
	0.5%	0.7%
	0.2%	0.4%
	0.1%	3.6%
	2.5%	4.1%
Value of Owner-Occupied Housing
	0.5%	2.6%
	2.5%	2.4%
	1.8%	2.8%
	1.3%	3.9%
	1.2%	4.5%
	4.2%	11.3%
	9.0%	13.0%
	27.8%	20.1%
	23.1%	13.6%
	9.4%	8.3%
	11.8%	9.7%
	4.6%	3.9%
	1.5%	2.2%
	0.6%	0.8%
	0.9%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.5%	13.6%
	2.5%	13.6%
	1.6%	13.6%
	2.2%	13.2%
	4.3%	14.8%
	1.6%	13.6%
	33.6%	10.0%
	23.0%	4.7%
	17.9%	12.2%