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Grosse Pointe Woods, MI 48236 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Grosse Pointe Woods, MI inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.19
ActiveActive listings: 3131PendingPending sales: 66
Grosse Pointe Woods, MI: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $440k$440kSoldMedian sold price (last 6 months): $449k$449k
What homes actually sell for in Grosse Pointe Woods, MI
Distribution of 290 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $315k to $658k
$145k to $332k: 67 sales$145k$332k to $520k: 93 sales93sales$520k to $708k: 51 sales$520k$708k to $895k: 23 sales$895k to $1.08M: 13 sales$895k$1.08M to $1.27M: 6 sales$1.27M to $1.46M: 6 sales$1.27M$1.46M to $1.64M: 3 salesMedian $449k

What the numbers say

As of October 26, 2026, Resideline is tracking 31 active listings and 6 pending sales in ZIP code 48236. That pending-to-active ratio of 0.19 makes it a faster-moving market: listings are going under contract faster than in most of the ZIP codes Resideline tracks.

The median asking price of current listings is $439,900, while the median of the 290 closed sales Resideline tracked over the last six months was $449,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 48236 for 88 days.

Frequently asked questions

What is the median home price in 48236?

The median closed sale price in Grosse Pointe Woods, MI 48236 was $449,000 over the last six months, based on 290 closed sales tracked by Resideline. The middle half of those sales ranged from $315,300 to $657,500.

Is 48236 a buyer's or seller's market?

Resideline is currently tracking 6 pending sales against 31 active listings in 48236, a pending-to-active ratio of 0.19. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 48236 is currently a faster-moving market.

Nearby ZIP code market data

Full Grosse Pointe Woods, MI housing market report →

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