Why Live in Grosse Pointe Shores
Grosse Pointe Shores is an upscale neighborhood located about 15 miles east of downtown Detroit, known for its luxurious homes and waterfront access along Lake Saint Clair. The area features a mix of early and mid-20th-century homes, including Colonial Revivals, Tudor Revivals, ranches, and midcentury styles, with properties ranging from 1,700 to 8,000 square feet. Residents enjoy a variety of recreational amenities, including Osius Municipal Park with pickleball and tennis courts, a public swimming pool, and a playground. The Grosse Pointe Yacht Club offers boating events and dining options, while the newly built resident-only dog park at City Park caters to pet owners. Golf enthusiasts have access to the Country Club of Detroit and Lochmoor Club, both offering private 18-hole courses. The historic Ford House on Lake Shore Road is a notable landmark with public gardens. The neighborhood is served by the highly rated Grosse Pointe Public School System, including Ferry Elementary School, Parcells Middle, and Grosse Pointe North High. Private school options include the University Liggett School. Safety is a key feature, with crime rates significantly lower than the national average. Shopping and dining are conveniently located on Mack Avenue, about two miles west, with options like Cedar Garden and Amigo’s Street Tacos. Commuters benefit from proximity to Interstate 94, making downtown Detroit accessible in about 20 minutes, and SMART bus routes along main streets like Lake Shore Road.
Frequently Asked Questions
What is the average home price in Grosse Pointe Shores, MI?
Homes for sale in Grosse Pointe Shores, MI have an average home price of $1,214,752.
How many homes have sold over the last 12 months in Grosse Pointe Shores, MI?
65 homes have sold in Grosse Pointe Shores, MI over the last 12 months.
What are the most popular zip codes in Grosse Pointe Shores, MI?
How much do you need to make to afford a house in Grosse Pointe Shores?
The median home price in Grosse Pointe Shores is $819,500. If you put a 20% down payment of $163,900 and had a 30-year fixed mortgage with an interest rate of 6.77%, your estimated principal and interest payment would be $4,260 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $183K a year to afford the median home price in Grosse Pointe Shores.
How are the schools in Grosse Pointe Shores, MI?
Home Trends in Grosse Pointe Shores, MI
On average, homes in Grosse Pointe Shores, MI sell after 45 days on the market compared to the national average of 50 days. The median sale price for homes in Grosse Pointe Shores, MI over the last 12 months is $710,000, up 10% from the median home sale price over the previous 12 months.
Median Sale Price
$710,000
Median Single Family Sale Price
$807,000
Average Price Per Sq Ft
$278
Number of Homes for Sale
7
Last 12 months Home Sales
65
Median List Price
$819,500
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
10%