Gratiot County, MI Home Values & Market Trends
The median home price in Gratiot County, MI is $171,828. There were 299 home sales in Gratiot County, MI over the past 12 months. The median residential Gratiot County, MI home value for transactions over the previous year is $138,000. The number of current listings in Gratiot County, MI is 517, and the percentage of properties for sale is 517.00%. The county has 13 foreclosures, 9 bank owned properties, 4 headed for auction, and 517 properties for sale.
Gratiot County, MI Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Alma | $ 167,897 $ 123/sqft | Wheeler | $ 195,000 $ 82/sqft |
| Saint Louis | $ 171,446 $ 127/sqft | Sumner | $ 221,590 $ -- |
| Ithaca | $ 177,453 $ 113/sqft | Ashley | $ 147,047 $ -- |
| Breckenridge | $ 165,173 $ 120/sqft | Bannister | $ 176,984 $ 223/sqft |
| Riverdale | $ 180,139 $ 158/sqft | Middleton | $ 216,834 $ -- |
| Perrinton | $ 399,900 $ 195/sqft | Pompeii | $ 125,779 $ -- |
| Elwell | $ 173,322 $ -- | North Star | $ -- $ -- |
Housing Market Summary for Gratiot County, MI
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $162.4K | $169.9K | 4.59% |
| Median Sold Price | $164.8K | $136.3K | -17.29% |
| Homes For Sale | 377 | 507 | 34.48% |
| Homes Sold | 242 | 71 | -70.66% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Gratiot County, MI
Browse Homes in Gratiot County, MI
Gratiot County, MI home values range from $20,178 to $799,000. Perrinton is the priciest city with a median listing home price of $335,000, and Sumner is most affordable with average house prices of around $110,000.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Gratiot County, MI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 14 cities within Gratiot County, MI; of those cities, 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 OwnedThe median estimated home value of bank owned homes (REO properties) in Gratiot County, MI ranges from the highest value of $99,900 in Ithaca to the lowest value of $37,141 in Saint Louis. Bank owned homes and properties account for 1.53% of properties in Gratiot County, MI. There are 14 cities within Gratiot County, MI; Saint Louis containing 3 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsAlma has 2 auction properties, the highest number of properties going to auction in a single city in the state of Gratiot County, MI. Auction homes and other auction properties account for 0.68% of all properties in Gratiot County, MI. There are 14 cities within Gratiot County, MI; of those cities, the median estimated home value for homes going to auction ranges from $229,667 in Sumner to the lowest value of $64,285 in Sumner.
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Guide for Gratiot County, MI
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
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