Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Grosse Pointe Woods area can be challenging. Home prices in Grosse Pointe Woods are now at a median cost of $289,143, higher than the Michigan average of $196,062.
The average cost of rent is $1,379/mo in Grosse Pointe Woods, primarily driven by the current value of real estate in the Grosse Pointe Woods area. While nearly 35.00% of residents own their homes outright in Grosse Pointe Woods, 8.75% rent.
Housing affordability isn’t just about home prices, though. The average household income in Grosse Pointe Woods is $10,341 per month. Households that rent pay about 13.33% of their income on rent here. Grosse Pointe Woods's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Village of Grosse Pointe Shores, MI: equally priced homes
- Harper Woods, MI: less expensive homes
- Grosse Pointe Farms, MI: higher priced homes
- Grosse Pointe, MI: equally priced homes
- Eastpointe, MI: less expensive homes
- St. Clair Shores, MI: less expensive homes
- Grosse Pointe Park, MI: higher priced homes
- Roseville, MI: less expensive homes
- Center Line, MI: less expensive homes
- Fraser, MI: less expensive homes
Cities with Similar Populations
- Mercedita, PR: less expensive homes
- Mount Kisco, NY: higher priced homes
- Mount Clemens, MI: less expensive homes
- Morganville, NJ: higher priced homes
- Morgan City, LA: less expensive homes
- Morehead, KY: less expensive homes
- Moore, SC: less expensive homes
- Monument, CO: higher priced homes
- Minden, LA: less expensive homes
- Millbrook, AL: less expensive homes
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