Grosse Pointe Farms Real Estate
17 active listings · 131 sold in the past 12mo
$699,900
Median List Price
131
Sold (past 12mo)
50
Avg Days on Market
+26.4%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Active Listings
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Homes for Sale(17)
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For Sale
1/47
$2,500,000
257 Ridge Road, Grosse Pointe Farms, MI 48236
7 bd5 ba1.05 ac
Single Family
For Sale
1/92
$2,249,000
207 Lake Shore Drive, Grosse Pointe Farms, MI 48236
4 bd3 ba0.55 ac
Single Family
For Sale
1/93
$2,200,000
89 Lake Shore Road, Grosse Pointe Farms, MI 48236
5 bd5 ba0.62 ac
Single Family
For Sale
1/79
$1,650,000
115 Lewiston Road, Grosse Pointe Farms, MI 48236
4 bd3 ba0.43 ac
Single Family
For Sale
1/75
$1,000,000
93 Merriweather Road, Grosse Pointe Farms, MI 48236
6 bd4 ba0.24 ac
Single Family
Under Contract
1/53
$785,900
203 Ridge Road, Grosse Pointe Farms, MI 48236
5 bd3 ba0.31 ac
Single Family
For Sale
1/29
$765,000
274 Kerby Road, Grosse Pointe Farms, MI 48236
5 bd2 ba0.37 ac
Single Family
For Sale
1/44
$700,000
319 Kercheval Avenue, Grosse Pointe Farms, MI 48236
2 bd2 ba0.19 ac
Single Family
For Sale
1/61
$699,900
100 Moran Road, Grosse Pointe Farms, MI 48236
4 bd2 ba0.27 ac
Single Family
For Sale
1/51
$650,000
190 Lakeview Avenue, Grosse Pointe Farms, MI 48236
4 bd3 ba0.16 ac
Single Family
For Sale
1/48
$599,000
71 Moross Road, Grosse Pointe Farms, MI 48236
6 bd3 ba3,271 sqft0.14 ac
Single Family
For Sale
1/41
$525,000
489 Chalfonte Avenue, Grosse Pointe Farms, MI 48236
3 bd2 ba2,258 sqft0.25 ac
Single Family
Under Contract
1/53
$499,900
244 Kerby Road, Grosse Pointe Farms, MI 48236
3 bd2 ba2,610 sqft0.17 ac
Single Family
For Sale
1/36
$469,900
168 Kerby Road, Grosse Pointe Farms, MI 48236
4 bd2 ba2,803 sqft0.18 ac
Single Family
Under Contract
1/43
$459,900
486 Bournemouth Road, Grosse Pointe Farms, MI 48236
3 bd2 ba0.18 ac
Single Family
For Sale
1/33
$425,000
401 McKinley Avenue, Grosse Pointe Farms, MI 48236
2 bd1 ba0.24 ac
Single Family
For Sale
1/21
$374,900
124 Muir Road, Grosse Pointe Farms, MI 48236
0.08 ac
Multi-Fam
Recently Sold(131)
Frequently Asked Questions about Grosse Pointe Farms
Are there homes available in Grosse Pointe Farms right now?
There are currently 17 active listings in Grosse Pointe Farms. The median asking price is $699,900.
What is the median home price in Grosse Pointe Farms?
Homes in Grosse Pointe Farms sell for a median of $699,900, drawn from 131 transactions over the past year.
How fast do homes sell in Grosse Pointe Farms?
The average days on market in Grosse Pointe Farms is 50, based on 131 recent transactions.
What school districts serve Grosse Pointe Farms?
Multiple school districts may serve Grosse Pointe Farms. Michigan school district boundaries are independent of city borders. The school district for a specific property depends on its exact location within the city.
Is Grosse Pointe Farms a buyer's or seller's market?
Grosse Pointe Farms is currently a seller's market, with 1.6 months of supply. That ratio comes from 17 active listings relative to 131 sales per year.
How are property taxes calculated in Grosse Pointe Farms?
Property taxes in Grosse Pointe Farms are based on a property's State Equalized Value (SEV), which is roughly 50% of market value, multiplied by the local millage rate. Homestead properties (primary residences) receive a lower rate than non-homestead. Tax bills are split into summer and winter installments.
What is the Household Formation Gap in Grosse Pointe Farms?
Census demographic data shows a +26.4% Household Formation Gap in Grosse Pointe Farms. As average household size fell from 2.65 to 2.36, the estimated number of households grew by 881. Population grew 12.6% over the same period. HFG is a secondary market indicator reflecting household formation trends, distinct from primary indicators like comparative market analysis.