Home Insurance in Grosse Pointe Woods, Michigan
Homes in Grosse Pointe Woods carry a median value of $342,100 - 92% higher than the Wayne County median.
The typical home in Grosse Pointe Woods was built around 1953. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 74% of homes were built before 1960, about 15 points above Wayne County's 59%.
The housing stock in Grosse Pointe Woods is 94% single-family homes and 5% apartments in buildings with 5+ units.
In Grosse Pointe Woods, about 63% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Grosse Pointe Woods has an owner-occupancy rate of 90% and a vacancy rate of 3%; unoccupied homes typically need a different coverage form.
In Grosse Pointe Woods, 86% of homes are primarily heated with natural gas.
Wayne County's top FEMA-rated hazard is strong wind (Very High), per FEMA's National Risk Index. Wayne County had 3,683 active NFIP flood policies as of September 2026. See the full Wayne County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Michigan, the statewide average premium for a standard HO-3 homeowners policy is $1,110 per year (NAIC, 2023 data).
Key figures
| Median home value | $342,100 |
|---|---|
| Median year built | 1953 |
| Owner-occupied share | 90% |
| Share of owner-occupied homes with a mortgage | 63% |
| Top county hazard | Strong Wind (Very High) |
| Active NFIP policies in Wayne County | 3,683 |
| Home insurance premium | $1,110 - statewide average (NAIC, 2023 data) |
Nearby towns
- Harper Woods
- Village of Grosse Pointe Shores
- Grosse Pointe Farms
- Eastpointe
- St. Clair Shores
- Grosse Pointe
- Grosse Pointe Park
- Roseville
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)