$225,000
22.00 Acres
Land
Dina E Sabuda, Andrew Gilligan, Listing Office: Sabuda & Associates LLC
Is Gregory, 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, Gregory was a Seller's Market.
Key Takeaway
Gregory is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Gregory, MI
How much do homes in Gregory, MI cost?
Median Sold Price
$345,000
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$43,000(+14.2%)
Key Takeaway
Homes in Gregory have sold for 14.2% more than they did a year ago.
Summary: The median home sold price in Gregory was $345,000 in November 2024, up 14.2% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $17K | $370K | +2076.5% |
| 2 Bedrooms | $202K | $310K | +53.5% |
| 3 Bedrooms | $290K | $383.2K | +32.2% |
| 4 Bedrooms | $530K | $342K | -35.5% |
| 5+ Bedrooms | $435K | $375K | -13.8% |
Summary: Gregory housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2076.5%, 2 bedroom homes increased by 53.5%, 3 bedroom homes increased by 32.2%, 4 bedroom homes decreased by 35.5%, and 5+ bedroom homes decreased by 13.8%.
Median Sold Price Compared To Nearby Cities
| Lyndon Township | $381K | $509K | +33.6% |
| Unadilla Township | $245K | $320K | +30.6% |
| Gregory | $302K | $345K | +14.2% |
| Putnam Township | $350K | $370K | +5.7% |
| Dexter Township | $481.7K | $504.2K | +4.7% |
Housing Supply in Gregory, MI
How many homes are available in Gregory, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 17 | -26.1% |
Summary: The Gregory real estate market had 17 homes for sale in November 2024, a 26.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 12 | 10 | -16.7% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Gregory housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 66.7%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 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. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Gregory in November 2024, down by 80.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 41 Days | 108 Days | +163.4% |
Summary: Homes in Gregory had an average of 108 days on market in Nov 2024, up by 163.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Gregory are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 1 homes were sold in Gregory; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
