Lake St. Clair Waterfront Market Report · June 2026

Lake St. Clair Waterfront Market Report: Q1–Q2 2026

Closed sales, pricing, and price-per-square-foot data across the four major waterfront corridors on Lake St. Clair — what actually sold, for how much, and what it means for sellers and buyers moving into the back half of the year.

By Jeff Meldrum · Saros Real Estate · Associate Broker

$100M+ Career Sales · Waterfront Sales Expert

The first half of 2026 confirmed what specialists on this lake already knew: waterfront isn't one market, it's four — and the gap between them is widening. Grosse Pointe lakefront continues to trade in a category of its own. St. Clair Shores remains the most liquid canal market on the lake. Harrison Township is carrying the deepest inventory by a wide margin. And Chesterfield Township is quietly commanding some of the strongest per-square-foot pricing outside of Grosse Pointe.

Below is the closed-sales breakdown for Q1 and Q2 2026 combined, with sales volume, average and median pricing, and price per square foot by community.

The Market at a Glance

Grosse Pointe Waterfront Homes (Park, Farms, and Shores Combined)

3 waterfront/lakefront sales closed in Q1–Q2 2026, with an average close price of $2,883,000 and a median of $2,300,000. Average price per square foot came in at $416, with a median of $443/sq ft — the highest of any community on the lake.

This is a small sample — Grosse Pointe Shores lakefront real estate trades infrequently, so three closings can swing the averages meaningfully. The headline sale of the half was 15410 Windmill Pointe Drive in Grosse Pointe Park, which closed at $4,250,000 on 9,600 finished square feet. Grosse Pointe Shores remains the gold-standard address on Lake St. Clair, and true lakefront product here is rare enough that buyers and sellers should lean on individual comps over blended averages.

St. Clair Shores Canal Home Market

12 waterfront/canal sales closed in Q1–Q2 2026, with an average close price of $634,000 and a median of $575,000. Average price per square foot came in at $299, with a median of $300/sq ft — a notably tight spread, reflecting how consistently the canal market is pricing per square foot across a wide range of price points.

This lines up with the broader market read for mid-2026: St. Clair Shores remains competitive but cooling slightly at the margin, with well-priced and move-in-ready canal homes still drawing multiple offers and selling quickly, while dated or overpriced listings sit longer and absorb price cuts. With 10 active listings against 12 closings over the half, supply remains on the tighter side.

Harrison Township Waterfront Real Estate

11 waterfront sales closed in Q1–Q2 2026, with an average close price of $810,000 and a median of $704,000. Average price per square foot came in at $284, with a median of $274/sq ft — the most affordable per-square-foot pricing of any community in this report.

Harrison Township also had by far the deepest active inventory of the four markets, with 31 active listings against 11 closings over the half — a much looser supply picture than St. Clair Shores or Chesterfield, and a signal that buyers here have more room to negotiate and compare. The top sale of the half was 32492 N River Road at $1,550,000, with the broader market anchored well below the $1 million mark. Boat Town USA continues to earn its name: between marinas, canals, and direct lakefront stretches like Huron Pointe Drive, this remains one of the better value-per-dollar waterfront markets on the lake.

Chesterfield Township Lakefront Homes

6 waterfront sales closed in Q1–Q2 2026, with an average close price of $1,121,000 and a median of $1,037,500. Average price per square foot came in at $368, with a median of $397/sq ft — second only to Grosse Pointe.

Chesterfield's open-water and canal-front product is trading at a meaningful premium per square foot over St. Clair Shores, but well below Grosse Pointe — consistent with its position as a more accessible alternative for buyers priced out of the Grosse Pointe corridor but still wanting direct lake access. As I found working through a recent appraisal review on Point Lakeview Drive, accurate comp selection matters more here than almost anywhere else on the lake — true waterfront comparables are thin, and a small sample size (6 sales) means one or two outliers can shift the read on value quickly.

A Note on Price Per Waterfront Foot

On Lake St. Clair, square footage tells you about the house — frontage tells you about the lake. A 2,400 sq ft home on 50 feet of frontage and a 2,400 sq ft home on 100 feet of frontage are not the same asset, and price-per-square-foot comparisons alone will mask that every time. This report doesn't include a price-per-waterfront-foot breakdown, since this data pull doesn't carry a verified Water Frontage Feet field. Once that data is available, this becomes a valuable add-on metric for comparing lakefront value across communities.

What This Means for Buyers and Sellers Right Now

Waterfront on Lake St. Clair isn't one market — it's four distinct markets layered on top of each other by community, frontage, and water type (open lake vs. canal). Sellers with genuine frontage and updated seawalls are still commanding strong activity and quick sales in the right price band, particularly in Grosse Pointe and Chesterfield where per-square-foot pricing is holding firm. Buyers willing to look toward Harrison Township are still finding real value relative to the rest of the lake, without giving up direct canal or lake access — and with the deepest active inventory of any community, they have the most room to be selective.

"Half of getting this market right is knowing which numbers actually move together — sale price, square footage, and frontage tell three different stories, and a buyer or seller who only looks at one of them is working with half the picture." — Jeff Meldrum, Lake St. Clair Waterfront Specialist · Saros Real Estate

If you're considering a move on either side of this market, I'd be glad to pull the specific sold comps for your street or your target neighborhood.

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