Is Grosse Ile, MI 48138 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Grosse Ile is a seller’s market. With about 1.9 months of supply and 30% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score63/ 100

More competitive than 66% of U.S. ZIP codes, and #276 of 510 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply1.9Under 4 months = seller’s market

Sold above original list30.4%Share of sales, last 3 months

Median sale-to-list98.3%Sold price ÷ list price

Median days on market30Listing to accepted offer

Median price per sq ft$168▼ −3.1% vs. last year

Run the numbers for 48138

Prefilled for 48138Can I win this house?Multiple-offer likelihood for a listing Prefilled for 48138Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Allen Park 48101Seller’s market $145 /sq ft Belleville 48111Seller’s market $184 /sq ft Canton 48187Seller’s market $196 /sq ft Canton 48188Seller’s market $192 /sq ft Browse all markets →

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More tools for 48138

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology