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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greenbriar is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Greenbriar has remained a Seller's Market.

Key Takeaway

Greenbriar is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Greenbriar, MI

How much do homes in Greenbriar, MI cost?

Median Sold Price

$60,000

$58/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$24,000(+66.7%)

Key Takeaway

Homes in Greenbriar have sold for 66.7% more than they did a year ago.

Summary: The median home sold price in Greenbriar was $60,000 in November 2024, up 66.7% from last year, and the median price per square foot was $58.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $31.5K$51.5K
+63.5%
3 $36K$60.5K
+68.1%
4 $38K$120K
+215.8%
5+ --
N/A

Summary: Greenbriar 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 63.5%, 3 bedroom homes increased by 68.1%, 4 bedroom homes increased by 215.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Greenbriar
+66.7%
Mount Olivet
+29.6%
Pulaski
+21.2%
Grant
+2.0%

Housing Supply in Greenbriar, MI

How many homes are available in Greenbriar, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
29290.0%

Summary: The Greenbriar real estate market had 29 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 66
0.0%
3 2021
+5.0%
4 32
-33.3%
5+ 00
0.0%

Summary: The Greenbriar 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 remained the same, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
27+250.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greenbriar, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Greenbriar in November 2024, up by 250.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.

Days on Market for Greenbriar, MI

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

Average Sale Time

Nov 2023Nov 2024CHANGE
4 Days59 Days+1392.9%

Summary: Homes in Greenbriar had an average of 59 days on market in Nov 2024, up by 1392.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Greenbriar has remained consistent over time.

Summary: During November 2024, 7 homes were sold in Greenbriar; 14% of homes were sold within 30 days, 71% of homes were sold within 30 to 90 days, and 14% 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 10 Days Ago

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