Zip 48230 (Grosse Pointe Park, MI) Housing

Housing in 48230 Grosse Pointe Park, MI has a median value of $410,200 which is higher than the national median value of $338,100. Over the past year, the appreciation rate for houses in 48230 Grosse Pointe Park, MI has been 4.30%, which is lower than the national average of 8.27%. Despite the lower rate of appreciation in this area, it still remains an appealing destination for potential homeowners due to its higher median value and great location.

The median home cost in Grosse Pointe Park (zip 48230) is $410,200. Home appreciation the last 10 years has been 130.9%. Home Appreciation in Grosse Pointe Park (zip 48230) is up 9.7%.

Average Age of Homes

- The median age of Grosse Pointe Park (zip 48230) real estate is 78 years old

The Rental Market in Grosse Pointe Park (zip 48230)

- Renters make up 21.1% of the Grosse Pointe Park (zip 48230) population
- 0.7% of houses and apartments in Grosse Pointe Park (zip 48230), 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 Park, Michigan	United States
	7,337.0	139,647,020.0
	65	42
	$410,200	$338,100
	9.7%	16.6%
	52.6%	57.0%
	130.9%	101.1%
	$19.64	$10.98
	$7,232	$2,690
	73.1%	57.4%
	5.7%	11.2%
	21.2%	31.4%
Vacant Housing
	0.7%	1.9%
	0.1%	0.4%
	1.7%	0.7%
	0.2%	0.4%
	0.3%	3.6%
	2.7%	4.1%
Value of Owner-Occupied Housing
	0.7%	2.6%
	0.1%	2.4%
	1.1%	2.8%
	1.4%	3.9%
	1.0%	4.5%
	2.2%	11.3%
	5.9%	13.0%
	19.8%	20.1%
	26.1%	13.6%
	14.8%	8.3%
	20.6%	9.7%
	3.8%	3.9%
	1.8%	2.2%
	0.0%	0.8%
	0.7%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	1.7%	13.6%
	1.7%	13.6%
	1.5%	13.6%
	1.6%	13.2%
	3.0%	14.8%
	1.5%	13.6%
	18.2%	10.0%
	10.3%	4.7%
	58.6%	12.2%

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