Call or Text (240) SELL-123

GROSSE ILE, MI 48138

Real Estate Market Report  ·  Wayne County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
40
⇧ 8.1% vs 37 last year
Pending
10
25% pending ratio
Median Price
$427,500
⇧ 4.7% vs $408,450 last year
Average Price
$490,293
⇩ 3.1% vs $506,170 last year
Days on Market
92
⇧ 87.8% vs 49 days last year

Market Context

Population: 10,695  ·  Density: 478.9/mi²  ·  Median household income: $125,469

Typical home value: $336,039  ·  Homeownership: 91.9%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The GROSSE ILE, MI real estate market (48138) currently shows 40 active listings, with 10 pending sales. Homes are averaging 92 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 92 days on market compared to 49 days last year.

The median listing price has risen 4.7% year-over-year, from $408,450 to $427,500.

Whether you are buying or selling in GROSSE ILE, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for GROSSE ILE, MI 48138 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 40 this year vs 37 last year
  • Days on market: 92 now vs 49 last year

Median & Average Pricing

Year over Year
  • Median: $427,500 (+4.7% YoY)
  • Average: $490,293 (-3.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 14.0 miles — 658 listings ($147,909,025 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48138Grosse Ile, MI 481380.0 mi40$19,611,720$427,500$490,293
48193Riverview, MI 481933.9 mi23$5,923,351$243,999$257,537
48192Wyandotte, MI 481925.5 mi69$19,984,401$204,875$289,629
48134Flat Rock, MI 481347.2 mi24$8,325,216$299,999$346,884
48229Ecorse, MI 482298.2 mi37$3,828,538$99,900$103,474
48180Taylor, MI 481808.6 mi145$29,648,585$173,450$204,473
48218River Rouge, MI 482189.7 mi43$4,367,596$97,450$101,572
48122Melvindale, MI 4812210.3 mi24$3,918,600$159,950$163,275
48125Dearborn Heights, MI 4812511.5 mi74$14,710,090$169,900$198,785
48164New Boston, MI 4816412.1 mi32$11,151,072$359,999$348,471
48209Detroit, MI 4820912.2 mi22$4,515,060$195,000$205,230
48141Inkster, MI 4814113.7 mi101$12,580,156$124,900$124,556
48128Dearborn, MI 4812814.0 mi24$9,344,640$349,350$389,360

Frequently Asked Questions

How many homes are for sale in GROSSE ILE, MI 48138?

As of January 2026, there are 40 active listings in GROSSE ILE, MI (zip code 48138), compared to 37 the prior year.

What is the median home price in GROSSE ILE, MI 48138?

The median listing price in GROSSE ILE, MI 48138 is $427,500 as of January 2026, a 4.7% increase from $408,450 the prior year.

How long do homes stay on the market in GROSSE ILE, MI?

Homes in GROSSE ILE, MI 48138 spend an average of 92 days on the market before going under contract, compared to 49 days the prior year.

Is it a seller's or buyer's market in GROSSE ILE, MI 48138?

Based on current inventory and days-on-market data as of January 2026, GROSSE ILE, MI 48138 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 92 days on market compared to 49 days last year.

How much can I save on real estate commission in GROSSE ILE, MI?

With SELL123.com's maximum 3% commission, sellers in GROSSE ILE, MI 48138 save an estimated $8,550 compared to a typical 5% commission on the median listing price of $427,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.