Housing · Grand Ledge

Grand Ledge, MI housing market

The typical Grand Ledge home is worth about $303,000, up 2.7% in a year, 14% above the Michigan typical home. Homes typically sell in 31 days, close to asking.

Home values, sales, trends and how Grand Ledge compares with the towns next door — updated as new data is published.

The market right now

Grand Ledge at a glance

Typical home value
$303K
▲ 2.7% in a year · Zillow
Median sale price
$319K
May 2026 · Redfin
Days on market
31
Michigan: 24 days
Sale-to-list
100.2%
Homes sell near asking
Homes sold
10
in May · 18 for sale
Market temperature

A strong seller's market

Buyer's marketBalancedSeller's market

Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.

Ten-year trend

Typical home value, 2016–2026

Grand LedgeMichigan
$100K$150K$200K$250K$300K$350K 20182020202220242026 Grand Ledge $303K Michigan $266K
Show as a table
JanuaryGrand LedgeMichigan
2017$174,000$144,000
2018$186,000$155,000
2019$197,000$165,000
2020$208,000$175,000
2021$231,000$194,000
2022$249,000$217,000
2023$265,000$230,000
2024$278,000$241,000
2025$290,000$253,000
2026$301,000$262,000
August 2026$303,000$266,000
Nearby

Grand Ledge and its neighbors

The towns that share a border. Tap one to see its housing page.
TownTypical value1-yr changeDays on marketMedian income
Grand Ledge $303K +2.7% 31 $68,980
Eagle $333K +2.6% — $91,582
Affordability

4.4 years of income

The typical Grand Ledge home costs about 4.4 years of the town's median household income, more than across Michigan (3.7 years).

How Grand Ledge ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
67.5%
Michigan: 73.2%
Median tax bill
$3,579
Michigan: $2,904
Median rent
$982
Michigan: $1,129
Typical home built
1974
Michigan: 1972

U.S. Census Bureau, ACS 2020-2024.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.

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Grand Ledge

Michigan · MI
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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01