$2,719 Closing Credit*
$229,000
920 SqFt
3 Beds
•2 Full Baths
Camille Campbell, Listing Office: Coldwell Banker Schmidt Traverse City
Is Grant Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Grant Township has remained a Seller's Market.
Key Takeaway
Grant Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Grant Township, MI
How much do homes in Grant Township, MI cost?
Median Sold Price
$275,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$40,000(+17.0%)
Key Takeaway
Homes in Grant Township have sold for 17% more than they did a year ago.
Summary: The median home sold price in Grant Township was $275,000 in November 2024, up 17% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $175K | N/A |
| 2 Bedrooms | $156K | $180.9K | +16.0% |
| 3 Bedrooms | $236.5K | $275K | +16.3% |
| 4 Bedrooms | $270K | $277.4K | +2.8% |
| 5+ Bedrooms | $365K | $335K | -8.2% |
Summary: Grant Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16%, 3 bedroom homes increased by 16.3%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes decreased by 8.2%.
Median Sold Price Compared To Nearby Cities
| Colfax Township | $142.5K | $316.5K | +122.1% |
| Grant Township | $235K | $275K | +17.0% |
| Grawn | $330K | $359K | +8.8% |
| Green Lake Township | $352.5K | $357K | +1.3% |
Housing Supply in Grant Township, MI
How many homes are available in Grant Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 43 | 34 | -20.9% |
Summary: The Grant Township real estate market had 34 homes for sale in November 2024, a 20.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 23 | 17 | -26.1% |
| 4 Bedrooms | 11 | 8 | -27.3% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Grant Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 26.1%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 6 | -50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Grant Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Grant Township in November 2024, down by 50.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for Grant Township, MI
How long does it take to sell a home in Grant Township, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 12 Days | 35 Days | +177.3% |
Summary: Homes in Grant Township had an average of 35 days on market in Nov 2024, up by 177.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Grant Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in Grant Township; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.