Is Grant Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Grant Township was a Seller's Market.
Housing Prices in Grant Township, MI
How much do homes in Grant Township, MI cost?
Median Sold Price
$238,000
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Grant Township was $238,000 in March 2024, up 11.2% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $74.9K | N/A |
2 Bedrooms | $191.5K | $153K | -20.1% |
3 Bedrooms | $225K | $235K | +4.4% |
4 Bedrooms | $350K | $277.9K | -20.6% |
5+ Bedrooms | $187K | $335K | +79.1% |
Summary: Grant Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 20.1%, 3 bedroom homes increased by 4.4%, 4 bedroom homes decreased by 20.6%, and 5+ bedroom homes increased by 79.1%.
Median Sold Price Compared To Nearby Cities
Grant Township | $214K | $238K | +11.2% |
Filer Charter Township | $230K | $238.7K | +3.8% |
Housing Supply in Grant Township, MI
How many homes are available in Grant Township, MI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 21 | +10.5% |
Summary: The Grant Township real estate market had 21 homes for sale in March 2024, a 10.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 11 | 14 | +27.3% |
4 Bedrooms | 3 | 2 | -33.3% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Grant Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 27.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 3 | -40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Grant Township in March 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Grant Township, MI
How long does it take to sell a home in Grant Township, MI?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
61 Days | 90 Days | +47.4% |
Summary: Homes in Grant Township had an average of 90 days on market in Mar 2024, up by 47.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Grant Township; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.