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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gregory is a buyer's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Gregory was a Neutral Market.

Key Takeaway

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

Housing Prices in Gregory, MI

How much do homes in Gregory, MI cost?

Median Sold Price

$307,500

$195/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$37,505(+13.9%)

Key Takeaway

Homes in Gregory have sold for 13.9% more than they did a year ago.

Summary: The median home sold price in Gregory was $307,500 in February 2024, up 13.9% from last year, and the median price per square foot was $195.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 -$164K
N/A
2 $185K$203K
+9.7%
3 $270K$316K
+17.0%
4 $477.5K$496.2K
+3.9%
5+ $293K$460K
+57.0%

Summary: Gregory housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 17%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 57%.

Median Sold Price Compared To Nearby Cities

Gregory
+13.9%
Putnam Township
+9.3%
Dexter Township
+7.8%

Housing Supply in Gregory, MI

How many homes are available in Gregory, MI?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
12120.0%

Summary: The Gregory real estate market had 12 homes for sale in February 2024, the same as January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 77
0.0%
4 43
-25.0%
5+ 00
0.0%

Summary: The Gregory housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
21-50.0%

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 Gregory, you may be able to get a good deal. 100% of homes here sold below asking price last month.

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

Feb 2023Feb 2024CHANGE
8 Days26 Days+225.0%

Summary: Homes in Gregory had an average of 26 days on market in Feb 2024, up by 225% compared to last year.

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 Gregory are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 1 homes were sold in Gregory; 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 27 Days Ago

Newest Listings in Gregory, MI

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