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Grosse Pointe Woods, MI 48236 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Grosse Pointe Woods, MI inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.22
ActiveActive listings: 3232PendingPending sales: 77
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): $416k$416kSoldMedian sold price (last 6 months): $445k$445k
What homes actually sell for in Grosse Pointe Woods, MI
Distribution of 307 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $315k to $650k
$136k to $325k: 67 sales$136k$325k to $513k: 101 sales101sales$513k to $702k: 55 sales$513k$702k to $890k: 25 sales$890k to $1.08M: 13 sales$890k$1.08M to $1.27M: 6 sales$1.27M to $1.46M: 6 sales$1.27M$1.46M to $1.64M: 3 salesMedian $445k

What the numbers say

As of October 5, 2026, Resideline is tracking 32 active listings and 7 pending sales in ZIP code 48236. That pending-to-active ratio of 0.22 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $415,950, while the median of the 307 closed sales Resideline tracked over the last six months was $445,000. 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 68 days.

Frequently asked questions

What is the median home price in 48236?

The median closed sale price in Grosse Pointe Woods, MI 48236 was $445,000 over the last six months, based on 307 closed sales tracked by Resideline. The middle half of those sales ranged from $315,300 to $650,000.

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

Resideline is currently tracking 7 pending sales against 32 active listings in 48236, a pending-to-active ratio of 0.22. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 48236 currently looks like a balanced market.

Nearby ZIP code market data

Full Grosse Pointe Woods, MI housing market report →

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