Is Grand Haven Charter Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Grand Haven Charter Township has remained a Seller's Market.
Key Takeaway
Grand Haven Charter Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Grand Haven Charter Township, MI
How much do homes in Grand Haven Charter Township, MI cost?
Median Sold Price
$355,000
$255/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Grand Haven Charter Township have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in Grand Haven Charter Township was $355,000 in April 2024, up 4.7% from last year, and the median price per square foot was $255.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $210K | $390K | +85.7% |
| 2 Bedrooms | $225K | $278.5K | +23.8% |
| 3 Bedrooms | $325K | $327.5K | +0.8% |
| 4 Bedrooms | $416K | $405K | -2.6% |
| 5+ Bedrooms | $479.2K | $499.9K | +4.3% |
Summary: Grand Haven Charter Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 85.7%, 2 bedroom homes increased by 23.8%, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 4.3%.
Median Sold Price Compared To Nearby Cities
| Grand Haven | $300.2K | $354.9K | +18.3% |
| Spring Lake | $365.9K | $396K | +8.2% |
| Grand Haven Charter Township | $338.9K | $355K | +4.7% |
| Spring Lake Township | $390.3K | $394K | +0.9% |
| Robinson Township | $343K | $342.5K | -0.1% |
Housing Supply in Grand Haven Charter Township, MI
How many homes are available in Grand Haven Charter Township, MI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 94 | 118 | +25.5% |
Summary: The Grand Haven Charter Township real estate market had 118 homes for sale in April 2024, a 25.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 23 | 32 | +39.1% |
| 3 Bedrooms | 37 | 46 | +24.3% |
| 4 Bedrooms | 23 | 29 | +26.1% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Grand Haven Charter Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 39.1%, 3 bedroom homes increased by 24.3%, 4 bedroom homes increased by 26.1%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 27 | 31 | +14.8% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Grand Haven Charter Township, you could pay more than the asking price. 58.1% of homes here sold above asking price last month.
Summary: A total of 31 homes were sold or pending in Grand Haven Charter Township in April 2024, up by 14.8% month-over-month. Of the 31 sold homes, 16% were sold under asking, 26% were sold at asking, and 58% were sold over asking.
Days on Market for Grand Haven Charter Township, MI
How long does it take to sell a home in Grand Haven Charter Township, MI?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 9 Days | 46 Days | +408.2% |
Summary: Homes in Grand Haven Charter Township had an average of 46 days on market in Apr 2024, up by 408.2% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Grand Haven Charter Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 31 homes were sold in Grand Haven Charter Township; 74% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.