Home prices
The median home in Grosse Pointe Woods costs $244,500. Compared to other places in this area it is approximately $44,140 (22%) higher.Compared to the US as a whole it is roughly $27,000 (12%) higher, and it is roughly $195,300 (396%) higher in comparison to the city of Detroit.
Rents
The median monthly rent in Grosse Pointe Woods is $1,438. Compared to the surrounding areas it is roughly $288 (25%) higher.Compared to the US as a whole it is about $376 (35%) higher, and it is about $614 (74%) higher in comparison to the city of Detroit.
Nearby places
Harper Woods
Harper Woods is Grosse Pointe Woods's neighbor to the west. Housing prices there are substantially less expensive. Harper Woods's median home price is $83,600, which comes out to $160,900 (192%) lower than Grosse Pointe Woods. The rent there is substantially less expensive. In Harper Woods the median rent is $1,088 a month, which works out to $350 (32%) lower than Grosse Pointe Woods.
Grosse Pointe Farms
Grosse Pointe Farms is Grosse Pointe Woods's neighbor to the south. Its real estate prices are a bit more expensive. The median home in Grosse Pointe Farms is valued at $355,400, which comes out to $110,900 (31%) higher than Grosse Pointe Woods. Rents there are pretty similar. The median monthly rent in Grosse Pointe Farms is $1,418, which comes out to $20 (1%) lower than Grosse Pointe Woods.
St. Clair Shores
St. Clair Shores is Grosse Pointe Woods's neighbor to the north. The housing prices there are significantly less expensive. The median home in St. Clair Shores is valued at $135,800, which comes out to $108,700 (80%) lower than Grosse Pointe Woods. The rent there is a lot less expensive. St. Clair Shores's median monthly rent is $984, which works out to $454 (46%) lower than Grosse Pointe Woods.
Eastpointe
Eastpointe is approximately 2 miles northwest from Grosse Pointe Woods. Its real estate prices are substantially less expensive. The median home price in Eastpointe is $77,200, which comes out to $167,300 (216%) lower than Grosse Pointe Woods. The rent there is a bit less expensive. Eastpointe's median monthly rent is $1,095, which comes out to $343 (31%) lower than Grosse Pointe Woods.
Grosse Pointe
Grosse Pointe is roughly 3 miles south from Grosse Pointe Woods. The housing prices there are somewhat more expensive. The median home in Grosse Pointe is valued at $349,800, which works out to $105,300 (30%) higher than Grosse Pointe Woods. The rent there is somewhat less expensive. In Grosse Pointe the median monthly rent is $1,163, which is $275 (23%) lower than Grosse Pointe Woods.