Grosse Pointe, MI Real Estate
According to census data in the year 2000 there were 2,504 housing units in Grosse Pointe.
This represents a 0.5% growth from 2,492 in 1990.
Of those housing units, 2,504 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Grosse Pointe is about 81.9%.
Grosse Pointe's vacancy rate, including seasonal lodging, is about 4.6%.
Average household size is 2.37 people.
The majority of houses, apartments or condos in Grosse Pointe were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 4.60% |
| Two Bedrooms | 21.60% |
| Three Bedrooms | 39.90% |
| Four Bedrooms | 24.40% |
| Five Bedrooms or more | 9.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.52 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $288,400 |
| Median Price asked for vacant units | $39,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.71 |
| Median year structure was built | 1944 |
| Median Monthly Rent asked for vacant units | $845 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.10% |
| Home Equity Loan | 16.50% |
| Simple Mortgage | 51.50% |
| Debt Free | 25.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.8% |
