Home prices
Grosse Pointe's median home value is $349,800. In comparison to its nearby areas this is roughly $125,980 (56%) higher.Compared to the rest of the country it is roughly $132,300 (60%) higher, and is about $300,600 (610%) higher compared to the city of Detroit.
Rents
Grosse Pointe's median rent is $1,163 per month. In comparison to its nearby areas this is roughly $67 (5%) lower.In comparison to the US as a whole it is about $101 (9%) higher, and compared to the city of Detroit is about $339 (41%) higher.
Nearby places
Grosse Pointe Park
Grosse Pointe Park is Grosse Pointe's neighbor to the southwest. Its housing prices are fairly similar. The median home in Grosse Pointe Park is valued at $358,400, which is $8,600 (2%) higher than Grosse Pointe. Its rents are fairly similar. Grosse Pointe Park's median rent is $1,110 a month, which is $53 (4%) lower than Grosse Pointe.
Grosse Pointe Farms
Grosse Pointe Farms is Grosse Pointe's neighbor to the northeast. Its housing prices are similar. The median home price in Grosse Pointe Farms is $355,400, which works out to $5,600 (1%) higher than Grosse Pointe. Its rents are somewhat more expensive. The median rent in Grosse Pointe Farms is $1,418 a month, which works out to $255 (17%) higher than Grosse Pointe.
Grosse Pointe Woods
Grosse Pointe Woods is approximately 3 miles north from Grosse Pointe. Real estate prices there are significantly less expensive. The cost of the median home in Grosse Pointe Woods is $244,500, which is $105,300 (43%) lower than Grosse Pointe. Rent there is somewhat more expensive. The median monthly rent in Grosse Pointe Woods is $1,438, which is $275 (19%) higher than Grosse Pointe.
Harper Woods
Harper Woods is approximately 3 miles north from Grosse Pointe. The real estate prices there are a lot less expensive. The median home in Harper Woods costs $83,600, which comes out to $266,200 (318%) lower than Grosse Pointe. Rent there is somewhat less expensive. The median rent in Harper Woods is $1,088 a month, which is $75 (6%) lower than Grosse Pointe.
Eastpointe
Eastpointe is roughly 5 miles north of Grosse Pointe. Housing prices there are significantly less expensive. The median home cost in Eastpointe is $77,200, which works out to $272,600 (353%) lower than Grosse Pointe. Rents there are somewhat less expensive. In Eastpointe the median rent is $1,095 per month, which comes out to $68 (6%) lower than Grosse Pointe.