Market Overview
Home Prices in Grant, MI
The median home value in Grant, MI is $274,758 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.5% compared to a year ago and up 0.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Grant are priced33% below average.
Over the past five years, Grant home values have risen by approximately26.6%, reflecting strong long-term appreciation in this market.
Price History
Grant Home Price Trend
2020
$182,793
$183K
—
2021
$217,071
$217K
+18.8%
2022
$244,547
$245K
+12.7%
2023
$245,185
$245K
+0.3%
2024
$256,131
$256K
+4.5%
2025
$257,986
$258K
+0.7%
2026
$274,758
$275K
+6.5%
City Comparison
Grant vs. National Median
🏠 Grant
$274,758
National Median
$410,000
At $274,758, homes in Grant cost 33% below the national median of $410,000. This makes Grant a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Grant?
20% Down Payment
$54,952
on $274,758
Monthly P&I
$1,433/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,820/mo
incl. taxes & insurance
Income Needed
$72,800
gross annual (30% rule)
10% Down Option
$27,476
+ PMI applies
Loan Amount (20% dn)
$219,806
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Grant, MI?
The median home value in Grant is $274,758 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.5% year-over-year.
How much have home prices changed in Grant?
Over the past year, home values in Grant have increased by 6.5%. Over five years, prices have risen approximately 26.6%.
How much do I need to earn to buy a home in Grant?
To comfortably afford the median home price of $274,758 with a 20% down payment ($54,952) at today's rates (6.8%), you'd need a gross annual income of approximately $72,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Grant compare to the national average home price?
The national median home value is approximately $410,000. At $274,758, homes in Grant are 33% below the national average.