$4,155 Closing Credit*
$349,900
834 SqFt
2 Beds
•1 Full Bath
Melissa Lundeberg, Listing Office: Greenridge Realty
Is Grand Haven, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Grand Haven has remained a Seller's Market.
Key Takeaway
Grand Haven is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Grand Haven, MI
How much do homes in Grand Haven, MI cost?
Median Sold Price
$365,500
$259/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,500(+4.4%)
Key Takeaway
Homes in Grand Haven have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in Grand Haven was $365,500 in October 2024, up 4.4% from last year, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $213K | $375K | +76.1% |
| 2 Bedrooms | $278K | $279.9K | +0.7% |
| 3 Bedrooms | $330K | $318.2K | -3.6% |
| 4 Bedrooms | $432.5K | $455K | +5.2% |
| 5+ Bedrooms | $489.9K | $537.4K | +9.7% |
Summary: Grand Haven housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 76.1%, 2 bedroom homes increased by 0.7%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 9.7%.
Median Sold Price Compared To Nearby Cities
| Ferrysburg | $350K | $374.9K | +7.1% |
| Grand Haven Charter Township | $350K | $369.2K | +5.5% |
| Grand Haven | $350K | $365.5K | +4.4% |
| Spring Lake | $399.9K | $400K | 0.0% |
| Spring Lake Township | $399.9K | $400K | 0.0% |
Housing Supply in Grand Haven, MI
How many homes are available in Grand Haven, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 155 | 145 | -6.5% |
Summary: The Grand Haven real estate market had 145 homes for sale in October 2024, a 6.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 32 | 32 | 0.0% |
| 3 Bedrooms | 55 | 51 | -7.3% |
| 4 Bedrooms | 47 | 42 | -10.6% |
| 5+ Bedrooms | 20 | 19 | -5.0% |
Summary: The Grand Haven housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 7.3%, 4 bedroom homes decreased by 10.6%, and 5+ bedroom homes decreased by 5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 44 | 40 | -9.1% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Grand Haven, you may be able to get a good deal. 65% of homes here sold below asking price last month.
Summary: A total of 40 homes were sold or pending in Grand Haven in October 2024, down by 9.1% month-over-month. Of the 40 sold homes, 65% were sold under asking, 13% were sold at asking, and 23% were sold over asking.
Days on Market for Grand Haven, MI
How long does it take to sell a home in Grand Haven, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 50 Days | 30 Days | -38.8% |
Summary: Homes in Grand Haven had an average of 30 days on market in Oct 2024, down by 38.8% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Grand Haven are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 40 homes were sold in Grand Haven; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
