The Gross Point housing market is somewhat competitive. Homes in Gross Point receive 5 offers on average and sell in around 45 days. The median sale price of a home in Gross Point was $620K last month, up 15.8% since last year. The median sale price per square foot in Gross Point is $312, up 1.3% since last year.
What is the housing market like in Gross Point today?
In March 2024, Gross Point home prices were up 15.8% compared to last year, selling for a median price of $620K. On average, homes in Gross Point sell after 45 days on the market compared to 40 days last year. There were 34 homes sold in March this year, down from 51 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$619,500
+15.8% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Gross Point, IL
$619,500
+15.8%
United States
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How hot is the Gross Point housing market?
Gross Point is somewhat competitive. Homes sell in 43 days.
0
100
58
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 1% above list price and go pending in around 43 days.
Hot homes
can sell for about 5% above list price and go pending in around 32 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Gross Point housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Gross Point.
Risk Factor
Flood Factor - Moderate
78% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Gross Point has a moderate risk of flooding. 1,114 properties in Gross Point are likely to be
severely affected
by flooding over the next 30 years. This represents 78% of all properties in Gross Point. Flood risk is increasing slower than the national average.
Gross Point has minimal risk of severe winds over the next 30 years
Wind Factor
Gross Point has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.