Is Grand Haven Charter Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Grand Haven Charter Township is a seller's market

Buyer's
Market

Difference Since October 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

$369,250

$261/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$19,250(+5.5%)

Key Takeaway

Homes in Grand Haven Charter Township have sold for 5.5% more than they did a year ago.

Summary: The median home sold price in Grand Haven Charter Township was $369,250 in October 2024, up 5.5% from last year, and the median price per square foot was $261.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $213K$375K
+76.1%
2 $275K$279.9K
+1.8%
3 $330K$319.9K
-3.0%
4 $440K$451.5K
+2.6%
5+ $509K$539.9K
+6.1%

Summary: Grand Haven Charter Township 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 1.8%, 3 bedroom homes decreased by 3%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 6.1%.

Median Sold Price Compared To Nearby Cities

Robinson Township
+8.0%
Grand Haven Charter Township
+5.5%
Grand Haven
+4.4%
Spring Lake
0.0%
Spring Lake Township
0.0%

Housing Supply in Grand Haven Charter Township, MI

How many homes are available in Grand Haven Charter Township, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
160150-6.3%

Summary: The Grand Haven Charter Township real estate market had 150 homes for sale in October 2024, a 6.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 3332
-3.0%
3 5753
-7.0%
4 4945
-8.2%
5+ 1918
-5.3%

Summary: The Grand Haven Charter Township 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 decreased by 3%, 3 bedroom homes decreased by 7%, 4 bedroom homes decreased by 8.2%, and 5+ bedroom homes decreased by 5.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4540-11.1%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Grand Haven Charter Township, 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 Charter Township in October 2024, down by 11.1% 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 Charter Township, MI

How long does it take to sell a home in Grand Haven Charter Township, MI?

Average Sale Time

Oct 2023Oct 2024CHANGE
49 Days30 Days-37.3%

Summary: Homes in Grand Haven Charter Township had an average of 30 days on market in Oct 2024, down by 37.3% compared to last year.

Breakdown of Home Sale Times

26 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Grand Haven Charter Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 40 homes were sold in Grand Haven Charter Township; 65% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 10% 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 16 Days Ago

Newest Listings in Grand Haven Charter Township, MI

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