The story of this market
The typical home in ZIP 48236 sells for about $412,000, or $233 per square foot.
Prices are up +34.4% from a year ago, so sellers still have some momentum. Homes take about 17 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,624 a month.
ZIP 48236 — Grosse Pointe Farms
The housing market in 48236 remains competitive with low inventory and strong year-over-year price appreciation. Demand is driven by the area's reputation for quality schools and stable suburban character, though buyers are increasingly sensitive to interest rate fluctuations.
This ZIP is well-suited for family buyers and professionals seeking a stable, established suburban environment with access to quality schools and waterfront amenities.
Median prices moved up 34.4% year over year.
Homes spend a median of 17 days on market with 1.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 94% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.0% · poverty 5.6% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 48236, Wayne County MI
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by highly-regarded public school systems known for strong academic performance and community engagement.
The area maintains a stable residential character with limited large-scale commercial development, focusing on maintaining its historic suburban appeal.
Property taxes are assessed at the local level by Wayne County and the respective municipalities, with rates influenced by school district millages and local government levies.
Residents primarily commute by car to the Detroit employment core, with typical drive times ranging from 20 to 30 minutes depending on traffic.
The area features access to Lake St. Clair waterfront parks, including Pier Park, along with local golf courses and community shopping districts.
The rental market is characterized by low vacancy pressure and steady demand, with a mix of single-family homes and row houses serving as the primary inventory.
The local economy is supported by a mix of professional services and proximity to the broader Detroit metropolitan employment hub.
The area is primarily served by major arterial roads connecting to the Detroit metropolitan highway network.
Development is largely focused on residential infill and property renovations rather than large-scale commercial expansion.
Assessments are managed by the Wayne County appraisal system, which follows state-mandated property tax caps.
Parcels are subject to local school district millages and municipal utility assessments.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- C.J. Barrymore's4.414.4 mi
- Dave & Buster's Utica4.115.8 mi
- Adventure Bay Family Water Park Presented by WFCU Credit Union4.410.3 mi
- Urban Air Trampoline and Adventure Park4.215.2 mi
- Red Oaks Waterpark4.412.3 mi
- Little Caesars Arena4.69.7 mi
- Comerica Park4.79.6 mi
- Ford Field4.69.4 mi
- Huntington Place4.510.1 mi
- Masonic Temple4.49.9 mi
- Ambassador Bridge411.7 mi
- Comerica Park4.79.6 mi
- Detroit Institute of Arts4.89.5 mi
- Windsor-Detroit Tunnel4.39.7 mi
- Michigan Central4.811.2 mi
- Henry Ford Museum of American Innovation4.819 mi
- Detroit Institute of Arts4.89.5 mi
- Greenfield Village4.818.9 mi
- Michigan Central4.811.2 mi
- Motown Museum4.710.5 mi
- Campus Martius Park4.79.8 mi
- Lake St. Clair Metropark4.611.9 mi
- Detroit Riverwalk4.89.2 mi
- Ford House4.72.7 mi
- Red Oaks Waterpark4.412.3 mi
- Detroit Yacht Club4.66.3 mi
- Sindbad's Restaurant and Marina4.25.8 mi
- Grosse Pointe Yacht Club4.71.7 mi
- Riverside Marina4.45.6 mi
- Safe Harbor Jefferson Beach4.53.7 mi
- Big Time Entertainment4.411.1 mi
- Maple Lane Golf Club and Driving Range410 mi
- Fern Hill Golf Club4.111.5 mi
- Chandler Park Golf Course4.24.2 mi
- Five Iron Golf4.810.2 mi
- Devonshire Mall4.311.4 mi
- Tecumseh Mall3.97.4 mi
- Meijer411.5 mi
- Meijer4.112.5 mi
- Macomb Mall48 mi
- Detroit Metropolitan Wayne County Airport4.327.3 mi
- Windsor International Airport4.210.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides waterfront access and recreational facilities for residents.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.