Is Grant Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Grant Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Grant Township was a Seller's Market.

Key Takeaway

Grant Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Grant Township, MI cost?

Median Sold Price

$390,000

$191/sqft

Based on all homes sold in September 2022.

Difference Since Last Month

+$95,000(+32.2%)

Key Takeaway

Homes in Grant Township have sold for 32.2% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSAug 2022Sep 2022%
1 --
N/A
2 --
N/A
3 $295K-
N/A
4 -$390K
N/A
5+ --
N/A

Median Sold Price Compared To Nearby Cities

Jeddo
+46.6%
Grant Township
+32.2%

How many homes are available in Grant Township, MI?

Number of Homes For Sale

Aug 2022Sep 2022%
78+14.3%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 01
+100.0%
3 55
0.0%
4 21
-50.0%
5+ 01
+100.0%

Number of Homes Sold

Aug 2022Sep 2022%
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Grant Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Aug 2022Sep 2022%
16 Days49 Days+200.0%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Grant Township has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Grant Township, MI

There are 8 homes are for sale in Grant Township, MI real estate market. Between August 2022 and September 2022, Grant Township, MI real estate market has seen increase in the number of listings by 14.3%. Listings spent 49 days on the market in September 2022, and had a median list price of $390,000 during the same period. Real estate listing prices changed between September 2021 and September 2022: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties became 0% more expensive, the cost of 3 bedrooms properties went up by 0%, 4 bedrooms properties prices increased by 0%, prices of 5 bedrooms properties increased by 0%. Housing inventory have changed in this real estate market: 1 bedroom homes inventory did not change, number of 2 bedrooms homes increased by 100%, number of 3 bedrooms homes remained the same, 4 bedrooms homes became 50% less available, number of 5 bedrooms homes increased by 100%. Grant Township, MI housing market in September 2022 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 1 sold below.

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