Grosse Pointe Park Real Estate
10 active listings · 111 sold in the past 12mo
$370,000
Median List Price
111
Sold (past 12mo)
59
Avg Days on Market
+14.5%
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(10)
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For Sale
1/45
$850,000
1023 Harvard Road, Grosse Pointe Park, MI 48230
3 bd3 ba
Single Family
For Sale
1/55
$699,900
784 Barrington Road, Grosse Pointe Park, MI 48230
4 bd5 ba3,802 sqft0.23 ac
Single Family
For Sale
1/11
$665,000
1206 Balfour Street, Grosse Pointe Park, MI 48230
5 bd6 ba3,917 sqft0.30 ac
Single Family
For Sale
1/47
$475,000
16350 Mack Avenue, Grosse Pointe Park, MI 48230
4 bd2 ba0.09 ac
Single Family
For Sale
1/59
$375,000
1163-1165 Maryland Street, Grosse Pointe Park, MI 48230
0.08 ac
Multi-Fam
For Sale
1/35
$365,000
1048 Lakepointe Street, A, Grosse Pointe Park, MI 48230
2 bd2 ba
Condo
For Sale
1/37
$359,900
1093-95 Lakepointe Street, Grosse Pointe Park, MI 48230
0.11 ac
Multi-Fam
For Sale
1/31
$325,000
1465 Maryland Street, Grosse Pointe Park, MI 48230
0.08 ac
Multi-Fam
For Sale
1/31
$325,000
1465 Maryland Street, Grosse Pointe Park, MI 48230
3 bd2 ba1,680 sqft0.08 ac
Single Family
For Sale
1/19
$285,000
1449 Wayburn Street, Grosse Pointe Park, MI 48230
3 bd1 ba1,332 sqft0.08 ac
Single Family
Recently Sold(111)
Frequently Asked Questions about Grosse Pointe Park
How many homes are for sale in Grosse Pointe Park?
Buyers in Grosse Pointe Park can choose from 10 active listings. The median asking price is $370,000.
What are home prices like in Grosse Pointe Park?
The median sale price in Grosse Pointe Park is $370,000, based on 111 closed sales over the past 12 months.
What is the average days on market in Grosse Pointe Park?
Homes in Grosse Pointe Park sell in an average of 59 days, based on 111 sales over the past 12 months.
Which school districts cover Grosse Pointe Park?
Grosse Pointe Park is served by one or more public school districts. In Michigan, school district boundaries do not always align with city limits, so different parts of Grosse Pointe Park may be zoned for different districts. Check individual listings for the specific school district assignment.
How competitive is the Grosse Pointe Park real estate market?
With 1.1 months of inventory, Grosse Pointe Park is currently a seller's market. This is based on 10 active listings and 111 sales in the past 12 months.
How are property taxes calculated in Grosse Pointe Park?
Michigan property taxes in Grosse Pointe Park are calculated using the State Equalized Value (SEV) times the local millage rate. Rates vary by school district and municipality. Primary residences qualify for a homestead exemption that reduces the tax rate.
What does demographic data show about housing demand in Grosse Pointe Park?
Per U.S. Census ACS data, Grosse Pointe Park has a +14.5% Household Formation Gap over the past 15 years. Average household size decreased from 2.81 to 2.48, creating demand for approximately 580 additional housing units even as population grew 1.0%. HFG is a secondary market indicator — it reflects demographic trends, not a primary measure like income-based affordability.