House Prices

House Prices & Home Values Grosse Ile, MI 2026


Average Data

average house price$303,260
average size per house2090 ft²
average price per ft²146 $ / ft²

04/05/2026 - The value range (VR) for house prices in Grosse Ile, MI is $141/ sqft to $141/ sqft. An average home with 2090 sqft costs approximately $294,690 to $294,690. Grosse Ile, MI includes 1 ZIP codes and it is located in Wayne county. The lowest prices are found in ZIP 48138, while the highest are in ZIP 48138. The average price per sqare feet is $146. Our analysis is based on 5 property listings.

Avergage prices by ZIP codes Grosse Ile

48138128 $ / ft²




Historical development of home values in Grosse Ile

Year Estimated value (USD) Change vs. 2025
2010 $140,839 -53.6%
2011 $135,393 -55.4%
2012 $135,029 -55.5%
2013 $140,076 -53.8%
2014 $147,041 -51.5%
2015 $154,587 -49.0%
2016 $162,655 -46.4%
2017 $171,434 -43.5%
2018 $180,912 -40.3%
2019 $189,300 -37.6%
2020 $199,086 -34.4%
2021 $226,439 -25.3%
2022 $263,977 -13.0%
2023 $278,376 -8.2%
2024 $294,481 -2.9%
2025 $303,260 0.0%

Graph: estimated home values in Grosse Ile over time (USD)



Example: 100% financing house in Grosse Ile

Loan amount: $303,260

Interest rate: 6.00%

Fixed monthly payment: $1,818.20

Breakdown in the 1st month:
Interest portion: $1,516.30  –  Principal portion: $301.90

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $18,094.29 $3,724.07 $299,535.93
2 $17,864.60 $3,953.76 $295,582.17
3 $17,620.74 $4,197.62 $291,384.55
4 $17,361.84 $4,456.52 $286,928.03
5 $17,086.97 $4,731.39 $282,196.64
6 $16,795.15 $5,023.21 $277,173.43
7 $16,485.33 $5,333.03 $271,840.40
8 $16,156.40 $5,661.96 $266,178.44
9 $15,807.19 $6,011.18 $260,167.26
10 $15,436.43 $6,381.93 $253,785.33
11 $15,042.81 $6,775.56 $247,009.77
12 $14,624.90 $7,193.46 $239,816.31
13 $14,181.23 $7,637.14 $232,179.18
14 $13,710.19 $8,108.18 $224,071.00
15 $13,210.09 $8,608.27 $215,462.73
16 $12,679.15 $9,139.21 $206,323.51
17 $12,115.46 $9,702.90 $196,620.61
18 $11,517.01 $10,301.35 $186,319.26
19 $10,881.65 $10,936.72 $175,382.55
20 $10,207.09 $11,611.27 $163,771.28
21 $9,490.94 $12,327.43 $151,443.85
22 $8,730.61 $13,087.76 $138,356.09
23 $7,923.38 $13,894.98 $124,461.11
24 $7,066.37 $14,751.99 $109,709.12
25 $6,156.50 $15,661.86 $94,047.26
26 $5,190.51 $16,627.85 $77,419.40
27 $4,164.94 $17,653.42 $59,765.98
28 $3,076.12 $18,742.25 $41,023.73
29 $1,920.14 $19,898.23 $21,125.51
30 $692.86 $21,125.51 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Grosse Ile, MI


1500 sqft3900 sqft
Ø selling price$264,991$563,706
Ø fast selling$240,901$507,336
Ø high price sale$289,080$620,077

In 2026, houses in Grosse Ile, MI will be offered at an average price of $146 per square foot. A 1,500 sqft home priced at $264,991 is 20.82% more expensive per square foot than a 3,900 sqft home priced at $563,706. Home prices in Grosse Ile, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $390,259. Sellers who can wait longer may achieve a higher price of up to $476,983.


Discover Grosse Ile, MI

Overview

Grosse Ile, Michigan is a scenic island community in the Detroit River known for its waterfront views and small-town charm.
Located in Wayne County?s Downriver area, the township offers convenient access to Downtown Detroit and Detroit Metropolitan Airport (DTW) while feeling worlds away.
Its story stretches from Indigenous heritage to French exploration, reflected in heritage sites and historic lighthouses along the riverfront.

Things to Do & Nature

Outdoor enthusiasts enjoy boating, kayaking, fishing, and cycling along miles of shoreline and nature trails.
Notable green spaces such as Centennial Farm, Water?s Edge, and the Gibraltar Bay Unit of the Detroit River International Wildlife Refuge provide birding, picnicking, and seasonal events.

Community & Living

The community features highly rated schools, active civic clubs, and family-friendly festivals that build strong neighborhood connections.
Dining ranges from cozy riverfront restaurants to local cafes, with fresh seafood and Midwest comfort favorites on many menus.

Real estate in Grosse Ile, MI includes waterfront homes, historic properties, and quiet cul-de-sacs appealing to move-up buyers and retirees.
Commuters appreciate the island?s two bridges, ensuring reliable routes to employment centers across Metro Detroit.
Whether you are planning a weekend visit or a permanent move, Grosse Ile, MI delivers a relaxed lifestyle with vibrant Great Lakes energy.



FAQ – Home Values in Grosse Ile

What is the median home value in Grosse Ile in 2026?

In 2026, the typical home value in Grosse Ile is about $303,260 for an average home size of 2090 square feet. This corresponds to an average price of roughly $146 per square foot.

What is the average cost per square foot in Grosse Ile?

In 2026, homes in Grosse Ile sell for an average of around $146 per square foot, with a typical range between $141 and $141 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Grosse Ile is about 2090 square feet, with an estimated 2026 value around $303,260.



Locations close to Grosse Ile, MI

Hamburg, MI275 $ / ft²
Ida, MI130 $ / ft²
Inkster, MI80 $ / ft²
Gregory, MI119 $ / ft²
Garden City, MI139 $ / ft²
Flat Rock, MI200 $ / ft²
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