Grand Ledge Chair Company Plant · Photo: Holofect · CC BY-SA 3.0108 homes sold in Grand Ledge in the last year, at a typical $274K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Grand Ledge homes are listed.
Every place Grand Ledge homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Grand Ledge.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
9% of Grand Ledge’s sales are condos, at $62K less than a house
91 houses and 10 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 91 sold in 12 months
- Per square foot
- $154MI $172
- Days to sell
- 36
- Sold over asking
- 43%
- Listings with a price cut
- 29%
typical sale · 10 sold in 12 months
- Per square foot
- $153MI $190
- Days to sell
- 138
- Sold over asking
- 20%
- Listings with a price cut
- 23%
Multi-family (2–4 units): 7 sold, typical $333K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 2.2 times the 2016 price
108 sales in the last year, against 147 in 2020 and a low of 91 in 2024. The typical sale went from $124K in 2016 to $274K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $250K buys in Grand Ledge
Check a listing against what Grand Ledge homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Grand Ledge are more common than before the pandemic, but 55% fewer homes come up for sale
We read every month of Grand Ledge’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 108 sales.
If you’re buying in Grand Ledge
- Shop in May. It brings about 14 new listings a month, close to the busiest month, with fewer bidding wars (37% over asking).
- Bid near asking. Buyers paid 100% of the list price on average; 39% paid over.
- Move fast on good ones. Half of homes are under contract within two weeks.
Summer brings both the most homes and the most bidding wars
June has the most new listings (about 16 a month), but July is the most competitive: 47% of July sales close over asking. May offers nearly as much choice with fewer homes bid up (37%). January has the least competition (22%) but only about 8 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and hotter than Michigan
| Grand Ledge now | 2017–19 | 2021 peak | MI now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 39% | 30% | 53% | 31% |
| Gone within two weeksShare of homes under contract within 14 days | 53% | 5% | 26% | 43% |
| Listings with a price cutShare of homes for sale that cut their price | 26% | — | 19% | 28% |
| Price paid vs. askingAverage sale price ÷ list price | 100% | 98.9% | 101.2% | 98.4% |
| Days to sellMedian days from listing to contract | 35 | 75 | 40 | 33 |
18 homes for sale on a typical day
That’s 1.4 times the 2024 low (12), 55% fewer than in 2017–19 and well under 2015’s 56.
1 in 4 listings has cut its price
26% in the last year, against — in 2017–19 and 28% across Michigan.
Since 2019, houses are up 67%, condos 79%
A house typically sold for $282K in the last year (91 sales), a condo for $219K (10).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Grand Ledge ranks 45th of 194 busy Michigan markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Grand Ledge is one of the state’s hottest markets.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Grand Ledge home costs about $1,851 a month
Price: Grand Ledge’s typical sale, last 12 months. Property tax at Grand Ledge’s 1.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Grand Ledge is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. December has the fewest, about 5.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $274K home, about $5,050 a year.
Taxes vs. neighborsSchools
The schools grade for Grand Ledge, from test results, graduation and how much students grow.
Schools in Grand LedgeTypical commute
The average one-way trip to work for people who live in Grand Ledge.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Edgemont Park, Potterville and Lansing sell for less a square foot
The busier markets within 25 miles of Grand Ledge, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Lansing | 1,566 | $150K | $120 | 38% | 38 |
| Grand Ledge | 108 | $274K | $152 | 39% | 35 |
| DeWitt Township | 56 | $357K | $170 | 36% | 31 |
| Portland | 45 | $249K | $155 | 36% | 32 |
| Edgemont Park | 36 | $214K | $143 | 53% | 48 |
| Potterville | 29 | $263K | $147 | 45% | 47 |
| Wacousta | 23 | $354K | $166 | 17% | 63 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Grand Ledge, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Grand Ledge. People who follow the town see it, and so do people comparing Grand Ledge with their own town. No commission, no listing fee.
Questions about buying a home in Grand Ledge
What do homes sell for in Grand Ledge, MI?
108 homes sold in the year to May 2026 at a typical $274K, $152 a square foot. Houses sold for about $282K, condos for about $219K.
Is Grand Ledge a buyer’s or seller’s market?
A seller’s market: 18 homes were for sale in May 2026 and 10 sold, about 1.8 months of supply. Buyers paid 100% of asking on average, and 26% of listings cut their price.
When is the best time to buy in Grand Ledge?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Grand Ledge?
About 1.8% of a home’s value a year. On a $274K home that’s near $5,050.
Where can I see homes for sale in Grand Ledge?
Zillow, Redfin, Realtor.com and Homes.com all carry Grand Ledge’s MLS listings; the search links above open each one filtered to Grand Ledge.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).