$1,780 Closing Credit*
$149,900
1,930 SqFt
4 Beds
•2 Full Baths
#50162235, Chris Halpin, Listing Office: RE/MAX First
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
At the same time last year, Grant Township was a Seller's Market.
Key Takeaway
Grant Township 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 Township, MI
How much do homes in Grant Township, MI cost?
Median Sold Price
$277,500
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$49,750(+21.8%)
Key Takeaway
Homes in Grant Township have sold for 21.8% more than they did a year ago.
Summary: The median home sold price in Grant Township was $277,500 in November 2024, up 21.8% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $175K | N/A |
| 2 Bedrooms | $155.5K | $191.9K | +23.4% |
| 3 Bedrooms | $224K | $285K | +27.2% |
| 4 Bedrooms | $260K | $212.5K | -18.3% |
| 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 23.4%, 3 bedroom homes increased by 27.2%, 4 bedroom homes decreased by 18.3%, and 5+ bedroom homes decreased by 8.2%.
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 |
|---|---|---|
| 42 | 33 | -21.4% |
Summary: The Grant Township real estate market had 33 homes for sale in November 2024, a 21.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 22 | 18 | -18.2% |
| 4 Bedrooms | 11 | 7 | -36.4% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
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 25%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes decreased by 36.4%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 5 | -54.5% |
Asking Price vs. Sold Price
2 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. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Grant Township in November 2024, down by 54.5% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% 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 |
|---|---|---|
| 9 Days | 24 Days | +168.9% |
Summary: Homes in Grant Township had an average of 24 days on market in Nov 2024, up by 168.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were 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, 5 homes were sold in Grant Township; 60% of homes were sold within 30 days, 40% 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.