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Grosse Pointe Park, MI Housing

 
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As of 2010-2014, median price of a house in Grosse Pointe Park is $271,200, which is much higher than the state average of $120,200 and is higher than the national average of $175,700. The Grosse Pointe Park median house value has shrunk by 18.12% since 2000. The growth rate for the price of a house in Grosse Pointe Park is lower than the state average rate of 3.98% and is much lower than the national average rate of 46.91%. The median year that a house in Grosse Pointe Park was built is 1939, which is older than the median year for a house built in the state which is 1969 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 3,215 Owner Occupied Houses in Grosse Pointe Park, MI, #22
Grosse Pointe Park, MI
271,200 USD
Michigan
120,200 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #543
Grosse Pointe Park, MI
-18.12%
Michigan
3.98%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Grosse Pointe Park, MIMichiganU.S.
Total Housing Units4,822, see rank, 100%4,532,719132,741,033
Occupied Housing Units4,329, 89.78%, see rank84.45%87.55%
Owner Occupied3,215, 66.67%, see rank60.41%56.34%
Renter Occupied1,114, 23.10%, see rank24.04%31.21%
Vacant Housing Units493, 10.22%, see rank15.55%12.45%
For Rent109, 2.26%, see rank1.84%2.34%
For Sale Only64, 1.33%, see rank1.40%1.20%
Rented or Sold, Not Occupied93, 1.93%, see rank1.04%0.92%
For Seasonal, Recreational, or Occasional Use88, 1.82%, see rank6.26%3.97%
For Migrant Workers0, 0.00%, see rank0.05%0.03%
Other Vacant139, 2.88%, see rank4.96%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #646
Grosse Pointe Park, MIMichiganU.S.
193919691976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Grosse Pointe Park, MI%MichiganU.S.
Owner-Occupied Units3,215100%2,738,01274,787,460
With a Mortgage2,46076.52%, see rank63.63%65.58%
Without a Mortgage75523.48%, see rank36.37%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Grosse Pointe Park, MI
2,417 USD
Michigan
1,295 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsGrosse Pointe Park, MI%MichiganU.S.
$299 or Less00.00%, see rank0.19%0.20%
$300 to $49900.00%, see rank1.88%1.59%
$500 to $699441.79%, see rank6.65%5.01%
$700 to $999843.41%, see rank19.56%14.32%
$1,000 to $1,49936214.72%, see rank34.69%27.90%
$1,500 to $1,99948719.80%, see rank20.06%20.35%
$2,000 to $2,99967727.52%, see rank12.84%19.52%
$3,000 or More80632.76%, see rank4.13%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Grosse Pointe Park, MI
21.00% of the Total Income
Michigan
22.60% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Grosse Pointe Park, MI%MichiganU.S.
10% or Less2098.50%, see rank5.90%5.86%
10% to 20%93237.89%, see rank35.28%31.95%
20% to 30%71929.23%, see rank27.51%27.64%
30% to 40%2028.21%, see rank12.63%13.74%
40% or More39215.93%, see rank18.20%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Grosse Pointe Park, MI
1,001 USD
Michigan
463 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsGrosse Pointe Park, MI%MichiganU.S.
$199 or Less00.00%, see rank4.74%7.76%
$200 to $29900.00%, see rank12.46%14.70%
$300 to $499303.97%, see rank40.41%34.63%
$500 to $69912216.16%, see rank25.95%21.16%
$700 or More60379.87%, see rank16.44%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Grosse Pointe Park, MI
14.60% of the Total Income
Michigan
13.40% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Grosse Pointe Park, MI%MichiganU.S.
10% or Less26735.36%, see rank35.33%40.19%
10% to 20%24532.45%, see rank33.76%31.47%
20% to 30%8511.26%, see rank13.39%12.24%
30% to 40%7910.46%, see rank6.18%5.64%
40% or More7910.46%, see rank9.99%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Grosse Pointe Park, MIMichiganU.S.
Total Housing Units4,822, 100%4,532,719132,741,033
1-unit, Detached3,277, 67.96%, see rank71.97%61.65%
1-unit, Attached203, 4.21%, see rank4.66%5.82%
2 Units772, 16.01%, see rank2.58%3.75%
3 or 4 Units442, 9.17%, see rank2.56%4.43%
5 to 9 Units26, 0.54%, see rank4.20%4.78%
10 or More Units102, 2.12%, see rank8.58%13.08%
Mobile Home, Boat, RV, Van, etc.0, 0.00%, see rank5.45%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Grosse Pointe Park, MIMichiganU.S.
Total Housing Units4,822, 100%4,532,719132,741,033
1 Room168, 3.48%, see rank1.24%1.95%
2 Rooms0, 0.00%, see rank1.78%2.48%
3 Rooms101, 2.09%, see rank7.14%9.13%
4 Rooms316, 6.55%, see rank14.38%16.60%
5 Rooms554, 11.49%, see rank21.00%20.41%
6 Rooms782, 16.22%, see rank20.07%18.06%
7 Rooms767, 15.91%, see rank13.45%12.27%
8 Rooms689, 14.29%, see rank9.27%8.48%
9 Rooms or More1,445, 29.97%, see rank11.67%10.60%
Median Rooms7.10, see rank5.705.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Grosse Pointe Park, MIMichiganU.S.
Total Housing Units4,822, 100%4,532,719132,741,033
No Bedroom168, 3.48%, see rank1.35%2.17%
1 Bedroom168, 3.48%, see rank9.11%11.16%
2 Bedrooms1,039, 21.55%, see rank26.33%26.69%
3 Bedrooms1,515, 31.42%, see rank43.93%39.70%
4 Bedrooms1,250, 25.92%, see rank15.80%16.05%
5 or More Bedrooms682, 14.14%, see rank3.47%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Grosse Pointe Park, MIMichiganU.S.
Total Housing Units4,329, 100%3,827,880116,211,092
Utility Gas3,984, 92.03%, see rank77.13%48.85%
Bottled, Tank, or LP Gas27, 0.62%, see rank8.48%4.86%
Electricity269, 6.21%, see rank8.30%36.68%
Fuel Oil, Kerosene, etc.15, 0.35%, see rank1.40%5.86%
Coal or Coke0, 0.00%, see rank0.03%0.12%
Wood17, 0.39%, see rank3.39%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel0, 0.00%, see rank0.86%0.47%
No Fuel Used17, 0.39%, see rank0.39%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalGrosse Pointe Park, MIMichiganU.S.
Occupied Units Paying Rent1,101, 100%1,028,83539,201,928
$199 or Less0, 0.00%, see rank1.86%1.50%
$200 to $2990, 0.00%, see rank3.88%3.18%
$300 to $49960, 5.45%, see rank9.32%7.37%
$500 to $699136, 12.35%, see rank23.63%16.01%
$700 to $999473, 42.96%, see rank35.23%29.17%
$1,000 to $1,499338, 30.70%, see rank20.17%26.88%
$1,500 to $1,99979, 7.18%, see rank3.85%9.79%
$2,000 or More15, 1.36%, see rank2.06%6.10%
Median$901, see rank$780$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Grosse Pointe Park, MIMichiganU.S.
Occupied Housing Units4,329, 100%3,827,880116,211,092
No Vehicles Available258, 5.96%, see rank7.97%9.12%
1 Vehicles Available1,254, 28.97%, see rank35.06%33.80%
2 Vehicles Available1,947, 44.98%, see rank38.45%37.48%
3 or More Vehicles Available870, 20.10%, see rank18.52%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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