Grandville, MI Home Values & Market Trends

Real estate market trends reflect that there have been 349 transactions over the past year in Grandville. The median value for residential home transactions that occurred over the previous year is $325,778.93. The number of current listings in Grandville is 30, and the percentage of properties for sale in the city is 30.00%. Grandville, MI currently has 2 properties in foreclosure, 1 bank owned properties, 1 properties headed for auction, and 30 properties for sale.

Grandville, MI Real Estate Market Overview

ZipMedian Est. Value
49418

$ 379,075

$ 172/sqft

Housing Market Summary for Grandville, MI

Apr 2023March 2024Change
Median Listing Price$299.9K$315.5K5.18%
Median Sold Price$309.1K$315.5K2.06%
Homes For Sale24268.33%
Homes Sold193177-8.29%
Price
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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 $27,051 to $6,704,984. The median estimated value of a home in Grandville is $325,778.93. The median list price of a home is 329,500, and the total count of properties in the city is 6,559.

Foreclosure
There is 1 zips within Grandville, MI; within this zips, the median estimated home value for homes in foreclosure ranges from $622,202 in 49418 to the lowest value of $159,045 in 49418. Foreclosure homes account for 0.00% of properties in Grandville, MI with 49418 containing 5 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 $622,202 in 49418 to the lowest value of $159,045 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 3 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 $354,440 in 49418 to the lowest value of $296,360 in 49418.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.46% of residential properties in Grandville, MI with 49418 containing 52 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 $1,138,078 in 49418 to the lowest value of $128,610 in 49418.
    Sold Homes
    The median value for recently sold homes ranges from $1,148,932 in 49418 to the lowest price of $28,973 in 49418. There is 1 zips within Grandville, MI. 49418 has 344 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.64% 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
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      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

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Recently Listed Homes Grandville, MI

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