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How Much Does An Average Home Cost in Grosse Pointe?
City of Grosse Pointe lands in the bottom of the middle third of the state's 99 most expensive communities in Coldwell Banker's latest Home Listing Report.
In its latest national home listing report, released last week, Coldwell Banker ranks the City of Grosse Pointe as the 64th most expensive home market in Michigan with the average price of a typical four-bedroom, two-bath home listed at $181,700. Coldwell Banker's commmunity overview puts the median Grosse Pointe household income at $86,858 and says 32 percent of households are families with children. Half the population commutes 23 minutes or more to work and 85 percent of residents hold white collar jobs while 15 percent residents hold blue collar jobs. According to the report, which looked at 2,479 communities across the country, the average price of a typical four-bedroom, two-bath in the United States is $292,152. That price tag …
Joe MacDonald
4:15 pm on Thursday, December 20, 2012
Zillow.com recently updated their average housing values for Michigan communities to reflect November 2012 data. Here are November 2012 average housing values for each of the Grosse Pointe communities and their neighbors: Grosse Pointe Shores: $385,000 Grosse Pointe Park: $224,000 Grosse Pointe Farms: $221,000 Grosse Pointe City: $208,000 Grosse Pointe Woods: $145,000 St. Clair Shores: $79,000 … more ›