Is Grant, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Grant was a Seller's Market.
Key Takeaway
Grant is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Grant, MI
How much do homes in Grant, MI cost?
Median Sold Price
$59,600
$55/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Grant have sold for 8.4% more than they did a year ago.
Summary: The median home sold price in Grant was $59,600 in April 2024, up 8.4% from last year, and the median price per square foot was $55.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $30K | $25K | -16.7% |
| 3 Bedrooms | $52.5K | $68.2K | +30.0% |
| 4 Bedrooms | $132K | $53.7K | -59.3% |
| 5+ Bedrooms | $55K | $70K | +27.3% |
Summary: Grant housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 30%, 4 bedroom homes decreased by 59.3%, and 5+ bedroom homes increased by 27.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Greenbriar | $40K | $45K | +12.5% |
| Mount Olivet | $47.5K | $52.5K | +10.5% |
| Grant | $55K | $59.6K | +8.4% |
| Pulaski | $48K | $45K | -6.3% |
Housing Supply in Grant, MI
How many homes are available in Grant, MI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 38 | 42 | +10.5% |
Summary: The Grant real estate market had 42 homes for sale in April 2024, a 10.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 30 | 31 | +3.3% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Grant housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 6 | -33.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Grant, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Grant in April 2024, down by 33.3% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Grant, MI
How long does it take to sell a home in Grant, MI?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 182 Days | 63 Days | -65.0% |
Summary: Homes in Grant had an average of 63 days on market in Apr 2024, down by 65% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Grant has remained consistent over time.
Summary: During April 2024, 6 homes were sold in Grant; 17% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright MiRealSource.