Grandville, MI Home Values & Market Trends

Real estate market trends reflect that there have been 347 transactions over the past year in Grandville. The median value for residential home transactions that occurred over the previous year is $309,409.15. The number of current listings in Grandville is 25, and the percentage of properties for sale in the city is 25.00%. Grandville, MI currently has 2 properties in foreclosure, 1 bank owned properties, 1 properties headed for auction, and 25 properties for sale.

Grandville, MI Real Estate Market Overview

ZipMedian Est. Value
49418

$ 353,522

$ 166/sqft

Housing Market Summary for Grandville, MI

Mar 2023February 2024Change
Median Listing Price$299.9K$297.7K-0.74%
Median Sold Price$312.8K$297.7K-4.84%
Homes For Sale2410-58.33%
Homes Sold22226619.82%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Grandville, MI

Grandville home values range from $25,032 to $6,742,154. The median estimated value of a home in Grandville is $309,409.15. The median list price of a home is 329,000, and the total count of properties in the city is 6,555.

Foreclosure
There is 1 zips within Grandville, MI; within this zips, the median estimated home value for homes in foreclosure ranges from $553,078 in 49418 to the lowest value of $159,825 in 49418. Foreclosure homes account for 0.00% of properties in Grandville, MI with 49418 containing 7 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Grandville, MI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Grandville, MI; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Grandville, MI ranges from the highest value of $553,078 in 49418 to the lowest value of $159,825 in 49418. Bank owned homes and properties account for 0.02% of properties in Grandville, MI. There is 1 zips within Grandville, MI; 49418 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    49418 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Grandville, MI. Auction homes and other auction properties account for 0.02% of all properties in Grandville, MI. There is 1 zips within Grandville, MI; of that zips, the median estimated home value for homes going to auction ranges from $339,253 in 49418 to the lowest value of $229,900 in 49418.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.38% of residential properties in Grandville, MI with 49418 containing 39 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Grandville, MI; homes for sale in that zips, have a range of median values from $852,735 in 49418 to the lowest value of $197,207 in 49418.
    Sold Homes
    The median value for recently sold homes ranges from $1,107,733 in 49418 to the lowest price of $29,114 in 49418. There is 1 zips within Grandville, MI. 49418 has 351 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.72% of properties in Grandville, MI.

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      Guide for Grandville, MI

      RealtyTrac Market Report
      Michigan
      2023 Michigan Real Estate Market: Analysis Reveals Booming Property Values and Volatile Sold Prices
      Michigan
      Detroit Real Estate Market Holds Steady: 2023 in Review
      Investment Guides
      Why Buying a Foreclosure is a Smart Move
      Market Reports
      Newark Real Estate Market Report, March 2024
      See More Articles
      RealtyTrac Market Report
      2023 Michigan Real Estate Market: Analysis Reveals Booming Property Values and Volatile Sold Prices
      Michigan|posted 8 December 2023

      Explore the nuances of Michigan’s 2023 real estate market, where rising property values meet shifting sold prices and distressed properties offer investment opportunities amidst a stable yet competitive landscape.

      Detroit Real Estate Market Holds Steady: 2023 in Review
      Michigan|posted 25 January 2024

      The 2023 Detroit real estate market trend showed steady average listing values and an increase in property sales, with neighboring cities displaying more fluctuation but higher property values. This reflects the city’s resilience amidst an unpredictable industry landscape.

      Why Buying a Foreclosure is a Smart Move
      Investment Guides|posted 15 November 2017

      Why Buying a Foreclosure is a Smart Move

      Newark Real Estate Market Report, March 2024
      Market Reports|posted 22 March 2024

      The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.

      Recently Listed Homes Grandville, MI

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