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
$227,000
$162/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 $227,000 in March 2024, up 26.1% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $126K | $74.9K | -40.6% |
2 Bedrooms | $145K | $150K | +3.4% |
3 Bedrooms | $200K | $219.9K | +10.0% |
4 Bedrooms | $164.5K | $275.9K | +67.7% |
5+ Bedrooms | $289.9K | $332.5K | +14.7% |
Summary: Grant Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 40.6%, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 67.7%, and 5+ bedroom homes increased by 14.7%.
Median Sold Price Compared To Nearby Cities
Grant Township | $180K | $227K | +26.1% |
Shelby Township | $190K | $219.9K | +15.7% |
Montague Township | $229.5K | $248.5K | +8.3% |
Rothbury | $200K | $174K | -13.0% |
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 |
---|---|---|
22 | 23 | +4.5% |
Summary: The Grant Township real estate market had 23 homes for sale in March 2024, a 4.5% 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 | 3 | 4 | +33.3% |
3 Bedrooms | 15 | 15 | 0.0% |
4 Bedrooms | 3 | 3 | 0.0% |
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 increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, 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 |
---|---|---|
43 Days | 37 Days | -14.7% |
Summary: Homes in Grant Township had an average of 37 days on market in Mar 2024, down by 14.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Grant Township; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.