$99,900
5.10 Acres
Land
Jeffrey Klink, Listing Office: The Charles Reinhart Company
Is Gregory, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Gregory has remained a Seller's Market.
Key Takeaway
Gregory is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Gregory, MI
How much do homes in Gregory, MI cost?
Median Sold Price
$350,000
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$47,500(+15.7%)
Key Takeaway
Homes in Gregory have sold for 15.7% more than they did a year ago.
Summary: The median home sold price in Gregory was $350,000 in October 2024, up 15.7% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $169K | $370K | +118.9% |
| 2 Bedrooms | $189K | $300K | +58.7% |
| 3 Bedrooms | $282.5K | $395.2K | +39.9% |
| 4 Bedrooms | $530K | $342K | -35.5% |
| 5+ Bedrooms | $415K | $455K | +9.6% |
Summary: Gregory housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 118.9%, 2 bedroom homes increased by 58.7%, 3 bedroom homes increased by 39.9%, 4 bedroom homes decreased by 35.5%, and 5+ bedroom homes increased by 9.6%.
Median Sold Price Compared To Nearby Cities
| Lyndon Township | $380K | $489K | +28.7% |
| Unadilla Township | $265K | $329.5K | +24.3% |
| Gregory | $302.5K | $350K | +15.7% |
| Putnam Township | $339.9K | $369.5K | +8.7% |
| Dexter Township | $475K | $500K | +5.3% |
Housing Supply in Gregory, MI
How many homes are available in Gregory, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 21 | +5.0% |
Summary: The Gregory real estate market had 21 homes for sale in October 2024, a 5.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 1 | 3 | +200.0% |
| 3 Bedrooms | 11 | 11 | 0.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Gregory 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 increased by 200%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gregory, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Gregory in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Gregory, MI
How long does it take to sell a home in Gregory, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 29 Days | 44 Days | +52.8% |
Summary: Homes in Gregory had an average of 44 days on market in Oct 2024, up by 52.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Gregory are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Gregory; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.