Brokers — List your Company Here
Featured local agent — Grand Ledge, MI
Sarah Mitchell
Compass Real Estate · Grand Ledge, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Grand Ledge, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$318,750median sale price
How is the Grand Ledge, MI housing market right now?
The median home sale price in Grand Ledge, MI is $318,750, up 35.1% year-over-year. Homes sell in an average of 31 days with 18 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Grand Ledge a buyer's or seller's market?
Grand Ledge, MI is currently a strong seller's market, based on 1.8 months of supply and homes selling in about 31 days. How we determine this →
Homes sold
10
Last 12 weeks
Days on market
31
Average pace
Active listings
18
1.8 months supply
Sale-to-list
100.2%
Above asking
What does the Grand Ledge housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $318,750 |
| Median list price | $312,450 |
| Year-over-year price change | +35.1% |
| Average days on market | 31 days |
| Active inventory | 18 listings |
| Months of supply | 1.8 months |
| Sale-to-list price ratio | 100.2% |
| Median price per sq ft | $170/sq ft |
| Homes sold (latest month) | 10 |
| New listings (latest month) | 14 |
| Listings with a price cut | 22.2% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Grand Ledge by property type?
How the Grand Ledge, MI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $317,500 | $167/sq ft | 9 | 27 days |
| Condo / Co-op | $410,000 | $173/sq ft | 1 | 80 days |
Source: Redfin · Updated monthly
The Grand Ledge housing market is currently classified as a strong seller's market with a median sale price of $318,750. Prices have risen 35.1% compared to last year, with homes spending an average of 31 days on market, indicating 1.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.6x provides context for how home values compare to local earning capacity.
Homes for sale in Grand Ledge
There are currently 18 homes listed for sale in Grand Ledge, Michigan. The median listing price is $312K.
Active listings
18
Homes on market
Median list price
$312K
Avg. days on market
31
Days until sale
New this week
14
Newly listed
Who lives in Grand Ledge?
Population
7,797
Median income
$66,515/yr
Median age
44.5 years
Owner-occupied
67.7%
College grads
36.0%
Avg commute
21.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Grand Ledge?
Zillow home value
$308,156
Price-to-income
4.6x
Source: Zillow Research
What is it like to live in Grand Ledge?
Grand Ledge is a community of approximately 8K residents with a median age of 44.5 years.The median household income is $66,515, which represents a working-class community with solid middle-income opportunities. 36.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 67.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 21.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Grand Ledge offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Grand Ledge?
7 schools tracked · 4,407 students
The largest public schools serving Grand Ledge, MI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Grand Ledge High School
Grades 9-12 · 1,683 students
Kenneth T Beagle Middle School
Grades 7-8 · 840 students
Leon W Hayes Intermediate School
Grades 5-6 · 775 students
Willow Ridge Elementary School
Grades K-4 · 534 students
TC Holbrook Elementary School
Grades K-4 · 457 students
Relevant Academy of Eaton County
Grades 9-12 · 89 students
Strange School
Grades K-6 · 29 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Grand Ledge, MI?
Want a head-to-head view? Compare Grand Ledge side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Grand Ledge?
The median home sale price in Grand Ledge is $318,750, up 35.1% from last year.
How long do homes stay on market in Grand Ledge?
Homes typically spend 31 days on market before going under contract.
What is the median income in Grand Ledge?
The median household income is $66,515 per year.
Is Grand Ledge a buyer's or seller's market?
With 1.8 months of supply, Grand Ledge is currently a strong seller's market.
What is the Zillow home value estimate for Grand Ledge?
The Zillow Home Value Index (ZHVI) for Grand Ledge is $308,156, representing the typical home value in the area.
What is the median condo price in Grand Ledge?
The median condo/co-op sale price in Grand Ledge, MI is $410,000, compared to $317,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Grand Ledge?
The median single-family home price in Grand Ledge, MI is $317,500 (about $167 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Grand Ledge, MI
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get Grand Ledge market alerts
Weekly updates on prices, inventory, and trends. Free forever.