What income do you need to buy a house in Grosse Pointe, MI?

It takes about $144,000/yr to afford the typical Grosse Pointe, MI home ($488K, +3.8% past year) at today's rates. Starter homes run around $323K. See if you can afford a house in Grosse Pointe (2026 data) — free, no signup.

Market snapshot (2026-07)

• Income needed to buy the typical home: about $144,000/yr (28% front-end ratio, 20% down, 6.76% 30-yr fixed, MI property tax and insurance)
• Typical home value: $488K (Zillow ZHVI, 2026-07)
• 1-year change: +3.8%
• Bottom 35% of homes: $323K
• Top 35% of homes start around: $808K
• Median household income: $159K
• Price-to-income ratio: 3.1
• Estimated payment on the typical home: $2,536/mo principal & interest (20% down, 6.76% 30-yr fixed)

Nearby housing markets

• Grosse Pointe Farms, MI — typical home $534K
• Grosse Pointe Park, MI — typical home $521K
• Grosse Pointe Woods, MI — typical home $361K
• Harper Woods, MI — typical home $157K
• Eastpointe, MI — typical home $157K
• Hamtramck, MI — typical home $166K

The most affordable cities to buy a house in Michigan

Home values are Zillow Group public data (ZHVI, updated monthly); income and population are US Census Bureau ACS 5-year estimates. Estimates only — not financial advice.

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