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 May 2023
Since last year, Grand Haven Charter Township has remained a Seller's Market.
Housing Prices in Grand Haven Charter Township, MI
How much do homes in Grand Haven Charter Township, MI cost?
Median Sold Price
$356,333
$255/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Grand Haven Charter Township was $356,333 in May 2024, up 7.8% from last year, and the median price per square foot was $255.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $216K | $390K | +80.6% |
2 Bedrooms | $225K | $279.4K | +24.2% |
3 Bedrooms | $311K | $325K | +4.5% |
4 Bedrooms | $401.7K | $440K | +9.5% |
5+ Bedrooms | $496.7K | $515K | +3.7% |
Summary: Grand Haven Charter Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 80.6%, 2 bedroom homes increased by 24.2%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 3.7%.
Median Sold Price Compared To Nearby Cities
Grand Haven Charter Township | $330.6K | $356.3K | +7.8% |
Grand Haven | $330.8K | $353.7K | +6.9% |
Spring Lake | $375.6K | $388.9K | +3.5% |
Spring Lake Township | $377.1K | $388.9K | +3.1% |
Robinson Township | $343K | $347.4K | +1.3% |
Housing Supply in Grand Haven Charter Township, MI
How many homes are available in Grand Haven Charter Township, MI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
127 | 133 | +4.7% |
Summary: The Grand Haven Charter Township real estate market had 133 homes for sale in May 2024, a 4.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 35 | 33 | -5.7% |
3 Bedrooms | 48 | 52 | +8.3% |
4 Bedrooms | 31 | 35 | +12.9% |
5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The Grand Haven Charter Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 5.7%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
36 | 41 | +13.9% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Summary: A total of 41 homes were sold or pending in Grand Haven Charter Township in May 2024, up by 13.9% month-over-month. Of the 41 sold homes, 27% were sold under asking, 15% were sold at asking, and 59% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
52 Days | 23 Days | -54.9% |
Summary: Homes in Grand Haven Charter Township had an average of 23 days on market in May 2024, down by 54.9% compared to last year.
Breakdown of Home Sale Times
35 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 41 homes were sold in Grand Haven Charter Township; 85% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.