Call or Text (240) SELL-123
Chaumeilles

GROSSE POINTE, MI 48230

Real Estate Market Report  ·  Wayne County
Buyer's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 48230

Chaumeilles

Market Analysis

Data as of February 2026. Source: Realtor.com.

The GROSSE POINTE, MI real estate market (48230) currently shows 42 active listings, with 12 pending sales. Homes are averaging 60 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 60 days on market compared to 54 days last year.

The median listing price has risen 29.7% year-over-year, from $384,975 to $499,500.

Whether you are buying or selling in GROSSE POINTE, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for GROSSE POINTE, MI 48230 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 17,501  ·  Density: 2,076.2/mi²  ·  Median household income: $135,865

Typical home value: $426,501  ·  Homeownership: 80.1%

Market Overview

Active Listings
42
⇧ 13.5% vs 37 last year
Pending
12
29% pending ratio
Median Price
$499,500
⇧ 29.7% vs $384,975 last year
Average Price
$785,516
⇧ 33.6% vs $587,970 last year
Days on Market
60
⇧ 11.1% vs 54 days last year

Price Per Square Foot

Median $/sqft
$234
⇧ 7.3% vs $218/sqft last year
Median Home Size
2,157 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 42 this year vs 37 last year
  • Days on market: 60 now vs 54 last year

Median & Average Pricing

Year over Year
  • Median: $499,500 (+29.7% YoY)
  • Average: $785,516 (+33.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 9.5 miles — 1,573 listings ($293,918,716 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48230Grosse Pointe, MI 482300.0 mi37$28,884,568$446,500$780,664
48224Detroit, MI 482242.1 mi346$37,904,300$99,000$109,550
48214Detroit, MI 482143.5 mi145$33,984,665$149,900$234,377
48225Harper Woods, MI 482253.8 mi98$13,979,994$132,500$142,653
48207Detroit, MI 482075.1 mi92$19,534,912$185,000$212,336
48021Eastpointe, MI 480215.8 mi149$24,432,424$169,000$163,976
48234Detroit, MI 482346.8 mi155$11,945,850$72,340$77,070
48089Warren, MI 480897.0 mi130$19,672,510$139,900$151,327
48201Detroit, MI 482017.4 mi40$26,907,560$439,900$672,689
48202Detroit, MI 482027.9 mi70$17,128,370$235,000$244,691
48066Roseville, MI 480668.6 mi164$26,811,868$169,900$163,487
48208Detroit, MI 482088.9 mi43$9,506,311$199,900$221,077
48206Detroit, MI 482069.5 mi104$23,225,384$199,999$223,321

Frequently Asked Questions

How many homes are for sale in GROSSE POINTE, MI 48230?

As of February 2026, there are 42 active listings in GROSSE POINTE, MI (zip code 48230), compared to 37 the prior year.

What is the median home price in GROSSE POINTE, MI 48230?

The median listing price in GROSSE POINTE, MI 48230 is $499,500 as of February 2026, a 29.7% increase from $384,975 the prior year.

How long do homes stay on the market in GROSSE POINTE, MI?

Homes in GROSSE POINTE, MI 48230 spend an average of 60 days on the market before going under contract, compared to 54 days the prior year.

Is it a seller's or buyer's market in GROSSE POINTE, MI 48230?

Based on current inventory and days-on-market data as of February 2026, GROSSE POINTE, MI 48230 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 60 days on market compared to 54 days last year.

How much can I save on real estate commission in GROSSE POINTE, MI?

With SELL123.com's maximum 3% commission, sellers in GROSSE POINTE, MI 48230 save an estimated $9,990 compared to a typical 5% commission on the median listing price of $499,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.