Is Grant, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Grant is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Grant was a Buyer's Market.

Key Takeaway

Grant 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 Grant, MI

How much do homes in Grant, MI cost?

Median Sold Price

$55,000

$74/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$59,900(-52.1%)

Key Takeaway

Homes in Grant have sold for 52.1% less than they did a month ago.

Summary: The median home sold price in Grant was $55,000 in October 2024, down 52.1% from last month, and the median price per square foot was $74.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$55K
N/A
3 $93.4K$62.5K
-33.1%
4 -$93K
N/A
5+ $126.5K-
N/A

Summary: Grant housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 33.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Pulaski
+22.8%
Grant
-52.1%

Housing Supply in Grant, MI

How many homes are available in Grant, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4854+12.5%

Summary: The Grant real estate market had 54 homes for sale in October 2024, a 12.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 66
0.0%
3 3743
+16.2%
4 45
+25.0%
5+ 10
-100.0%

Summary: The Grant 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 increased by 16.2%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
39+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Grant, expect to pay close to the asking price. 55.6% of homes here sold near the asking price last month.

Summary: A total of 9 homes were sold or pending in Grant in October 2024, up by 200.0% month-over-month. Of the 9 sold homes, 22% were sold under asking, 56% were sold at asking, and 22% were sold over asking.

Days on Market for Grant, MI

How long does it take to sell a home in Grant, MI?

Average Sale Time

Sep 2024Oct 2024CHANGE
32 Days37 Days+15.1%

Summary: Homes in Grant had an average of 37 days on market in Oct 2024, up by 15.1% compared to last month.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Grant are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 9 homes were sold in Grant; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% 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 23 Days Ago

Newest Listings in Grant, MI

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