Is Gregory, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Gregory has remained a Seller's Market.
Key Takeaway
Gregory is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Gregory, MI
How much do homes in Gregory, MI cost?
Median Sold Price
$325,000
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Gregory have sold for 22.4% more than they did a year ago.
Summary: The median home sold price in Gregory was $325,000 in June 2024, up 22.4% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $159K | $372K | +134.0% |
| 2 Bedrooms | $189K | $215K | +13.8% |
| 3 Bedrooms | $266K | $330K | +24.1% |
| 4 Bedrooms | $433.7K | $482.3K | +11.2% |
| 5+ Bedrooms | $465K | $415K | -10.8% |
Summary: Gregory housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 134%, 2 bedroom homes increased by 13.8%, 3 bedroom homes increased by 24.1%, 4 bedroom homes increased by 11.2%, and 5+ bedroom homes decreased by 10.8%.
Median Sold Price Compared To Nearby Cities
| Gregory | $265.5K | $325K | +22.4% |
| Putnam Township | $318.5K | $344K | +8.0% |
| Dexter Township | $460.5K | $491.7K | +6.8% |
| Unadilla Township | $265.5K | $272.5K | +2.6% |
Housing Supply in Gregory, MI
How many homes are available in Gregory, MI?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 26 | 19 | -26.9% |
Summary: The Gregory real estate market had 19 homes for sale in June 2024, a 26.9% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 8 | 5 | -37.5% |
| 3 Bedrooms | 12 | 9 | -25.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Gregory housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 37.5%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 10 | 6 | -40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gregory, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Gregory in June 2024, down by 40.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Gregory, MI
How long does it take to sell a home in Gregory, MI?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 6 Days | 28 Days | +342.1% |
Summary: Homes in Gregory had an average of 28 days on market in Jun 2024, up by 342.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Gregory are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 6 homes were sold in Gregory; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
