Is Grand Haven, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Grand Haven has remained a Seller's Market.
Housing Prices in Grand Haven, MI
How much do homes in Grand Haven, MI cost?
Median Sold Price
$354,987
$255/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Grand Haven was $354,987 in April 2024, up 18.3% from last year, and the median price per square foot was $255.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $216K | $390K | +80.6% |
2 Bedrooms | $225K | $278.5K | +23.8% |
3 Bedrooms | $287K | $327K | +13.9% |
4 Bedrooms | $357K | $405.9K | +13.7% |
5+ Bedrooms | $529.9K | $489.9K | -7.5% |
Summary: Grand Haven housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 80.6%, 2 bedroom homes increased by 23.8%, 3 bedroom homes increased by 13.9%, 4 bedroom homes increased by 13.7%, and 5+ bedroom homes decreased by 7.5%.
Median Sold Price Compared To Nearby Cities
Grand Haven | $300.2K | $354.9K | +18.3% |
Ferrysburg | $319.9K | $358.7K | +12.1% |
Spring Lake | $365.9K | $396K | +8.2% |
Grand Haven Charter Township | $338.9K | $355K | +4.7% |
Spring Lake Township | $390.3K | $394K | +0.9% |
Housing Supply in Grand Haven, MI
How many homes are available in Grand Haven, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
89 | 111 | +24.7% |
Summary: The Grand Haven real estate market had 111 homes for sale in April 2024, a 24.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 23 | 31 | +34.8% |
3 Bedrooms | 34 | 43 | +26.5% |
4 Bedrooms | 23 | 28 | +21.7% |
5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Grand Haven housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 34.8%, 3 bedroom homes increased by 26.5%, 4 bedroom homes increased by 21.7%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 31 | +19.2% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 31 homes were sold or pending in Grand Haven in April 2024, up by 19.2% month-over-month. Of the 31 sold homes, 16% were sold under asking, 26% were sold at asking, and 58% were sold over asking.
Days on Market for Grand Haven, MI
How long does it take to sell a home in Grand Haven, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
9 Days | 46 Days | +408.2% |
Summary: Homes in Grand Haven had an average of 46 days on market in Apr 2024, up by 408.2% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 31 homes were sold in Grand Haven; 74% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.