Is Grand Junction, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Grand Junction was a Seller's Market.
Housing Prices in Grand Junction, MI
How much do homes in Grand Junction, MI cost?
Median Sold Price
$228,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Grand Junction was $228,000 in April 2024, up 37.1% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $167.5K | $187.5K | +11.9% |
3 Bedrooms | $163K | $275K | +68.7% |
4 Bedrooms | $250K | $231K | -7.6% |
5+ Bedrooms | $215.1K | $2.1M | +920.2% |
Summary: Grand Junction housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.9%, 3 bedroom homes increased by 68.7%, 4 bedroom homes decreased by 7.6%, and 5+ bedroom homes increased by 920.2%.
Median Sold Price Compared To Nearby Cities
Columbia Township | $163K | $262.5K | +61.0% |
Grand Junction | $166.2K | $228K | +37.1% |
Lee Township | $167.5K | $179K | +6.9% |
Pullman | $180K | $179K | -0.6% |
Housing Supply in Grand Junction, MI
How many homes are available in Grand Junction, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 16 | +60.0% |
Summary: The Grand Junction real estate market had 16 homes for sale in April 2024, a 60.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 5 | 6 | +20.0% |
4 Bedrooms | 4 | 8 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Grand Junction housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
0 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Grand Junction in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Grand Junction, MI
How long does it take to sell a home in Grand Junction, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
9 Days | 174 Days | +1833.3% |
Summary: Homes in Grand Junction had an average of 174 days on market in Apr 2024, up by 1833.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Grand Junction; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.