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 February 2022

At the same time last year, Grawn was a Seller's Market.

Key Takeaway

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

How much do homes in Grawn, MI cost?

Median Sold Price

$380,000

$210/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

+$148,250(+64.0%)

Key Takeaway

Homes in Grawn have sold for 64% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $212.5K-
N/A
2 $152.5K$455K
+198.4%
3 $234.2K$360K
+53.7%
4 $280K$309K
+10.4%
5+ $410K$454.5K
+10.9%

Median Sold Price Compared To Nearby Cities

Grawn
+64.0%
Green Lake Township
+32.1%
Interlochen
+30.1%
Blair Township
+17.6%

How many homes are available in Grawn, MI?

Number of Homes For Sale

Jan 2023Feb 2023%
1516+6.7%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 00
0.0%
2 23
+50.0%
3 1111
0.0%
4 22
0.0%
5+ 00
0.0%

Number of Homes Sold

Jan 2023Feb 2023%
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.

Average Sale Time

Feb 2022Feb 2023%
87 Days49 Days-43.7%

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 Grawn has remained consistent over time.

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

About Grawn, MI

Grawn, MI has 16 homes on the market. In February 2023 in Grawn, MI there were 6.7% more homes for sale than in January 2023. The median list price of listings available in February 2023 was $380,000, while the average time on the real estate market was 49 days. Listing prices have changed in this real estate market between January 2023 and February 2023: 1 bedroom properties prices increased by 0%, 2 bedrooms properties became 198.4% more expensive, prices of 3 bedrooms properties went up by 53.7%, 4 bedrooms properties became 10.4% more expensive, prices of 5 bedrooms properties went up by 10.9%. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes inventory increased by 50%, volume of 3 bedrooms homes stayed the same, number of 4 bedrooms homes remained the same, the quantity of 5 bedrooms homes have not changed. While more than 1 listings in Grawn, MI in February 2023 were sold above asking price, there were more than 0 listings sold at asking price, and more than 0 were sold below.

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