#55025003620, Stephanie Bosanac-Mortimer, Listing Office: RE/MAX MID-MICHIGAN R.E.
Grass Lake Housing Market Report January 2025•Jackson County, Michigan
Housing Prices in Grass Lake, MI
How much do homes in Grass Lake, MI cost?
Housing Market Conditions
Is Grass Lake, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Grass Lake is a Seller's Market
Difference Since December 2024
Last month, Grass Lake has remained a Seller's Market.
Grass Lake is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in January 2025
Homes in Grass Lake have sold for 8% less than they did a month ago.
Summary: The median home sold price in Grass Lake was $345,000 in January 2025, down 8% from last month, and the median price per square foot was $164.
Median Sold Price By City
City | Dec 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Grass Lake Charter Township | $375K | $360K | -4.0% |
Grass Lake | $375K | $345K | -8.0% |
Median Sold Price By Bedrooms
Beds | Dec 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | - | $255K | N/A |
33 Bedrooms | $245K | $345K | +40.8% |
44 Bedrooms | $625K | - | N/A |
55+ Bedrooms | $380.5K | $590K | +55.1% |
Summary: Grass Lake housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +40.8%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes increased by +55.1%.
Housing supply in Grass Lake, MI
How many homes are available in Grass Lake, MI?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
25Last MonthJan 2025 | ||
262 months agoDec 2024 | -3.8 % Change MoMDec – Jan |
Summary: The Grass Lake real estate market had 25 homes for sale in Jan 2025, a 3.8 % decrease compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
6Last MonthJan 2025 | ||
52 months agoDec 2024 | +20.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 4 | 5 | +25.0% |
33 Bedrooms | 15 | 13 | -13.3% |
44 Bedrooms | 5 | 5 | 0.0% |
55+ Bedrooms | 2 | 2 | 0.0% |
Summary: Grass Lake housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +25.0%. The inventory for 3 bedroom homes decreased by -13.3%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Grass Lake, MI cost?
Over Asking Price1 Home
At Asking Price1 Home
Under Asking Price4 Homes
If you're buying a home in Grass Lake, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Grass Lake in January 2025, up by 20.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and and 17% were sold over asking.
Days on Market for Grass Lake, MI
How long does it take to sell a home in Grass Lake, MI?
Breakdown of Home Sale Times
Under 30 Days3 Homes
30 – 90 Days1 Home
Over 90 Days2 Homes
Many homes in Grass Lake are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 6 homes were sold in Grass Lake; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Average Sale Time
Last Month | 1 month ago | Change MoM |
---|---|---|
77 DaysLast MonthJan 2025 | ||
57 Days1 month agoDec 2024 | +35.3 % Change MoMDec – Jan |
Summary: Homes in Grass Lake had an average listing age of 77 days in Jan 2025, up by 35.3% compared to the previous month.
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Newest Listings in Grass Lake, MI
What homes are available in Grass Lake, MI?
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MLS Disclaimers and Copyright
Based on information from Michigan Regional Information Center LLC, and RealComp II Ltd. for the period 12/01/2024 - 02/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 11:50:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 11:55:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.