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GRAND LEDGE, MI 48837

Real Estate Market Report  ·  Eaton County
Seller's Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The GRAND LEDGE, MI real estate market (48837) currently shows 48 active listings, with 19 pending sales. Homes are averaging 38 days on the market before going under contract.

Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 38 days on market compared to 39 days last year.

The median listing price has fallen 16.1% year-over-year, from $370,750 to $311,175.

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Market Context

Market Context

Population: 19,913  ·  Density: 98.0/mi²  ·  Median household income: $90,215

Typical home value: $227,265  ·  Homeownership: 80.9%

Market Overview

Active Listings
48
⇩ 14.3% vs 56 last year
Pending
19
40% pending ratio
Median Price
$311,175
⇩ 16.1% vs $370,750 last year
Average Price
$386,965
⇩ 12% vs $439,516 last year
Days on Market
38
⇩ 2.6% vs 39 days last year

Price Per Square Foot

Median $/sqft
$170
⇩ 1.7% vs $173/sqft last year
Median Home Size
2,119 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 48 this year vs 56 last year
  • Days on market: 38 now vs 39 last year

Median & Average Pricing

Year over Year
  • Median: $311,175 (-16.1% YoY)
  • Average: $386,965 (-12% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 18.9 miles — 471 listings ($162,976,041 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48837Grand Ledge, MI 488370.0 mi48$21,780,672$386,000$453,764
48917Lansing, MI 489176.6 mi54$15,614,640$274,950$289,160
48861Mulliken, MI 488617.7 mi2$1,010,000$505,000$505,000
48821Dimondale, MI 488219.5 mi13$6,242,535$371,150$480,195
48890Sunfield, MI 4889010.5 mi1$165,000$165,000$165,000
48911Lansing, MI 4891111.0 mi71$16,634,235$187,475$234,285
48820Dewitt, MI 4882012.0 mi26$10,396,880$339,750$399,880
48912Lansing, MI 4891212.4 mi63$7,869,834$96,250$124,918
48842Holt, MI 4884213.9 mi35$9,566,235$268,725$273,321
48823East Lansing, MI 4882315.9 mi84$34,659,996$313,975$412,619
48808Bath, MI 4880817.0 mi14$6,960,170$428,975$497,155
48864Okemos, MI 4886418.4 mi48$27,540,240$549,900$573,755
48849Lake Odessa, MI 4884918.9 mi12$4,535,604$369,900$377,967

Frequently Asked Questions

How many homes are for sale in GRAND LEDGE, MI 48837?

As of September 2026, there are 48 active listings in GRAND LEDGE, MI (zip code 48837), compared to 56 the prior year.

What is the median home price in GRAND LEDGE, MI 48837?

The median listing price in GRAND LEDGE, MI 48837 is $311,175 as of September 2026, a 16.1% decrease from $370,750 the prior year.

How long do homes stay on the market in GRAND LEDGE, MI?

Homes in GRAND LEDGE, MI 48837 spend an average of 38 days on the market before going under contract, compared to 39 days the prior year.

Is it a seller's or buyer's market in GRAND LEDGE, MI 48837?

Based on current inventory and days-on-market data as of September 2026, GRAND LEDGE, MI 48837 is currently a Seller's Market. Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 38 days on market compared to 39 days last year.

How much can I save on real estate commission in GRAND LEDGE, MI?

With SELL123.com's maximum 3% commission, sellers in GRAND LEDGE, MI 48837 save an estimated $6,224 compared to a typical 5% commission on the median listing price of $311,175. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.