$1,543 Closing Credit*
$129,900
1,248 SqFt
2 Beds
•2 Full Baths
Samantha Holtzman, Ron Henry, Listing Office: Kalvan Realty, Inc.
Is Grand Junction, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Grand Junction was a Seller's Market.
Key Takeaway
Grand Junction is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Grand Junction, MI
How much do homes in Grand Junction, MI cost?
Median Sold Price
$225,000
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$29,500(+15.1%)
Key Takeaway
Homes in Grand Junction have sold for 15.1% more than they did a year ago.
Summary: The median home sold price in Grand Junction was $225,000 in December 2024, up 15.1% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $159.1K | $217.5K | +36.7% |
| 3 Bedrooms | $205.5K | $218K | +6.1% |
| 4 Bedrooms | $231K | $263K | +13.9% |
| 5+ Bedrooms | $2.0M | $407.5K | -80.2% |
Summary: Grand Junction housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 36.7%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes decreased by 80.2%.
Housing Supply in Grand Junction, MI
How many homes are available in Grand Junction, MI?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 11 | 13 | +18.2% |
Summary: The Grand Junction real estate market had 13 homes for sale in December 2024, a 18.2% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Grand Junction housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Grand Junction, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Grand Junction in December 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Grand Junction, MI
How long does it take to sell a home in Grand Junction, MI?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 76 Days | 13 Days | -83.0% |
Summary: Homes in Grand Junction had an average of 13 days on market in Dec 2024, down by 83% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Grand Junction are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 2 homes were sold in Grand Junction; 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.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.