Grosse Pointe Woods, Michigan.
Typical home $353,482 (+2.5% in a year). Detroit-Warren-Dearborn, MI metro.
to buy the typical home at today's mortgage rate — +$954 (+106%) since Jan 2020.
- 1 year
- Up $8,772 +3%
- $344,711$353,482 since Sep 2025
- 5 years
- Up $66,649 +23%
- $286,833$353,482 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Grosse Pointe Woods$1,855
- Michigan$1,384
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 17 years.
Typical home values in Grosse Pointe Woods, MI rose 2.5% over the past year — faster than the nation's +1.2%.
Living in Grosse Pointe Woods, Wayne County, Michigan
Grosse Pointe Woods is a city of 16,487 people in Wayne County. Half its households earn more than $126,395 a year and half less, against $60,539 across Wayne County; 5% of its people live below the poverty line. 90% of its homes are lived in by their owners and 10% are rented. Unemployment in Wayne County was 6.9% in August 2026, and the county had 0.6% fewer jobs in 2025 than the year before. The most residents work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Grosse Pointe Woods is a city in Wayne County where nearly all homes are lived in by their owners, and incomes run well above the county's. Residents are somewhat older than in many places, a large majority of adults hold a four-year degree, and fewer people live below the poverty line than is typical. Winters are cold and snowy, with January highs near freezing, while July is warm, and rain and melted snow fall through the year.
Work. Many residents work in schools, hospitals and social care, with others in manufacturing, professional and business services, and banks, insurance and property. Among the largest workplaces in town are Grosse Pointe Public Schools, Henry Ford Health and Kroger Michigan KMA. A fair number of residents work from home, and for those who commute, the trip is a moderate one.
Things to do. Belle Isle Park, a botanical garden, is a short drive away. A longer drive brings you to Lake Saint Clair, a lake, and to the Detroit Institute of Arts, a museum. The Detroit Zoo is also a longer drive away.
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- 6,418households
- 65%of adults have a degree
- 5%below the poverty line
- 24 mintypical commute
- 27%work from home
What residents work in
Employed residents by industry, from the Census survey. Wayne County had 721,389 jobs in 2025, 0.6% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 32° and lows near 17°; warmest in July, with highs near 82° and lows near 62°. About 28 inches of snow and 36 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Grosse Pointe Farms weather station, 2 miles away (NOAA).
Largest workplaces in Grosse Pointe Woods
- Grosse Pointe Public SchoolsSchool district871FTE
- Van Elslander Cancer CenterPhysicians' offices156
- Henry Ford HealthPhysicians' offices129
- Kroger Michigan KMASupermarkets and other grocery except convenience stores115
- Sunrise Senior Living, LLC.Assisted living58
- Sunrise Senior Living, LLC.Assisted living53
- TaherCafeteria food services contractors39
- Henry Ford HealthFacilities support services37
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 7 workplaces with 20 or more staff, 587 people in all. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Inland floodingVery high
- Cold wavesrelatively high in parts of Grosse Pointe WoodsRelatively moderate
- Heat wavesRelatively moderate
- Strong windRelatively moderate
- TornadoesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Grosse Pointe Woods’ census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Wayne County and the Detroit-Warren-Dearborn, MI metro.
Grosse Pointe Woods home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Grosse Pointe Woods$353,482
- Michigan$263,760
- United States$366,157
Sellers are cutting prices on about 1 in 4 Grosse Pointe Woods listings, and the typical home goes pending in 17 days — the market is cooling.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Grosse Pointe Woods26.71%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Grosse Pointe Woods17
- United States21
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Grosse Pointe Woods68
New listings per month
Sellers arriving at the market.
- Grosse Pointe Woods26
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Grosse Pointe Woods$382,501
- United States$371,553
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
Not enough data to draw this yet.
Zip codes with a Grosse Pointe Woods address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Grosse Pointe Woods — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.