Home Values

Grosse Pointe Shores Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$457,300

  • 1.9% 1-year change
  • -0.3% 1-year forecast

The median home value in Grosse Pointe Shores is $457,300. Grosse Pointe Shores home values have gone up 1.9% over the past year and Zillow predicts they will fall -0.3% within the next year. The median price of homes currently listed in Grosse Pointe Shores is $498,000.

Relative ZHVI
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Grosse Pointe Shores Market Overview

Data through Jan 31, 2015
  • $457,300 ZHVI
  • -0.3% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jan 31, 2016)
  • $498,000 Median listing price
  • No data Median sale price
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Grosse Pointe Shores Market Health

Data through Jan 31, 2015
  • 6.8/10 Healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Dec 31, 2014)
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.4% US Avg)
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Nearby Cities

Name Median ZHVI
Grosse Pointe Park $295,500
Grosse Pointe Farms $278,000
Grosse Pointe $259,300
Name Median ZHVI
Grosse Pointe Woods $192,300
Fraser $118,700
Saint Clair Shores $106,100
Name Median ZHVI
Roseville $69,000
Eastpointe $60,300
Harper Woods $58,000

Listings & Sales

Data through Jan 31, 2015
  • $170 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
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Grosse Pointe Shores Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $1,096 Detroit Metro
    $1,350 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 7.0 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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