Grosse Pointe Park, Wayne County, MI

Median Home Price Price

$477,505 $477.5K

Median Monthly Rent Rent

$1,409 $1.4K

28.0x

Market Snapshot

Grosse Pointe Park, Wayne County, MI is a city market with a median home price of $477,505, a median monthly rent of $1,409, a GRM of 28.0x, and a price-to-rent ratio of 28.2.

Comparable Markets

Use related city markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

More markets to explore

Explore the data
Region Show
Grosse Pointe Farms Explore deeper
$481K $1.4K 28.0x
Plymouth
$449K $1.5K 25.0x
Grosse Pointe Woods
$331K $1.4K 20.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Lyons, Ionia County, MI
$234K $1.3K 15.0x
Hartland, Livingston County, MI
$374K $1.9K 16.0x
Brandon, Oakland County, MI
$415K $1.4K 24.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Kirtland, Lake County, OH
$382K $1.3K 24.0x
Slinger, Washington County, WI
$428K $1.3K 27.0x
Montpelier, Washington County, VT
$403K $1.5K 22.0x

Home prices

Monthly rent

GRM = home price / annual rent

Grosse Pointe Park

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Benchmark comparison

Compare Grosse Pointe Park, MI to another market.

Compare to Grosse Pointe Farms, MI
Grosse Pointe Park, MI
Grosse Pointe Farms, MI
Delta
Median rent
$1,409
N/A
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Median price
$477,505
N/A
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YoY change
+$111
N/A
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Price-to-rent
28.2x
Data unavailable
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Key takeaways

  • Grosse Pointe Park, Wayne County, MI has a higher-grm screening profile: At 28.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $111 year over year.
  • Next discovery step: compare Grosse Pointe Farms, Wayne County, MI from the Same county set.