Is Gregory, 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, Gregory was a Neutral 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
$315,000
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Gregory have sold for 16.7% more than they did a year ago.
Summary: The median home sold price in Gregory was $315,000 in April 2024, up 16.7% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $169K | N/A |
| 2 Bedrooms | $191K | $203K | +6.3% |
| 3 Bedrooms | $270K | $316K | +17.0% |
| 4 Bedrooms | $477.5K | $477.5K | 0.0% |
| 5+ Bedrooms | $336.5K | $455K | +35.2% |
Summary: Gregory 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 6.3%, 3 bedroom homes increased by 17%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 35.2%.
Median Sold Price Compared To Nearby Cities
| Gregory | $269.9K | $315K | +16.7% |
| Lyndon Township | $365.5K | $417K | +14.1% |
| Putnam Township | $307.5K | $340K | +10.6% |
| Dexter Township | $448.7K | $496.2K | +10.6% |
Housing Supply in Gregory, MI
How many homes are available in Gregory, MI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 16 | 23 | +43.8% |
Summary: The Gregory real estate market had 23 homes for sale in April 2024, a 43.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 4 | 7 | +75.0% |
| 3 Bedrooms | 7 | 11 | +57.1% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Gregory housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 75%, 3 bedroom homes increased by 57.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Gregory, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Gregory in April 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Gregory, MI
How long does it take to sell a home in Gregory, MI?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Gregory has remained consistent over time.
Summary: During April 2024, 1 homes were sold in Gregory; 0% of homes were sold within 30 days, 100% 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. Copyright MiRealSource.