Is Grawn, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Grawn is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Grawn was a Neutral Market.

Key Takeaway

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

Housing Prices in Grawn, MI

How much do homes in Grawn, MI cost?

Median Sold Price

$442,500

$143/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$22,500(+5.4%)

Key Takeaway

Homes in Grawn have sold for 5.4% more than they did a month ago.

Summary: The median home sold price in Grawn was $442,500 in March 2024, up 5.4% from last month, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $420K-
N/A
4 -$442.5K
N/A
5+ --
N/A

Summary: Grawn housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Grawn, MI

How many homes are available in Grawn, MI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
14140.0%

Summary: The Grawn real estate market had 14 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 00
0.0%
3 99
0.0%
4 44
0.0%
5+ 00
0.0%

Summary: The Grawn 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Grawn, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Grawn in March 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Grawn, MI

How long does it take to sell a home in Grawn, MI?

Average Sale Time

Feb 2024Mar 2024CHANGE
66 Days28 Days-57.9%

Summary: Homes in Grawn had an average of 28 days on market in Mar 2024, down by 57.9% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Grawn are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 1 homes were sold in Grawn; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 26 Days Ago

Newest Listings in Grawn, MI

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