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Grand Ledge, MI Housing

 
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As of 2010-2014, median price of a house in Grand Ledge is $116,200, which is about the same as the state average of $120,200 and is lower than the national average of $175,700. The Grand Ledge median house value has grown by 10.14% since 2000. The growth rate for the price of a house in Grand Ledge is higher than the state average rate of 3.98% and is lower than the national average rate of 46.91%. The median year that a house in Grand Ledge was built is 1972, which is newer than the median year for a house built in the state which is 1969 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 2,129 Owner Occupied Houses in Grand Ledge, MI, #186
Grand Ledge, MI
116,200 USD
Michigan
120,200 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #267
Grand Ledge, MI
10.14%
Michigan
3.98%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Grand Ledge, MIMichiganU.S.
Total Housing Units3,675, see rank, 100%4,532,719132,741,033
Occupied Housing Units3,324, 90.45%, see rank84.45%87.55%
Owner Occupied2,129, 57.93%, see rank60.41%56.34%
Renter Occupied1,195, 32.52%, see rank24.04%31.21%
Vacant Housing Units351, 9.55%, see rank15.55%12.45%
For Rent0, 0.00%, see rank1.84%2.34%
For Sale Only174, 4.73%, see rank1.40%1.20%
Rented or Sold, Not Occupied0, 0.00%, see rank1.04%0.92%
For Seasonal, Recreational, or Occasional Use9, 0.24%, see rank6.26%3.97%
For Migrant Workers0, 0.00%, see rank0.05%0.03%
Other Vacant168, 4.57%, see rank4.96%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #161
Grand Ledge, MIMichiganU.S.
197219691976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Grand Ledge, MI%MichiganU.S.
Owner-Occupied Units2,129100%2,738,01274,787,460
With a Mortgage1,36964.30%, see rank63.63%65.58%
Without a Mortgage76035.70%, see rank36.37%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Grand Ledge, MI
1,329 USD
Michigan
1,295 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsGrand Ledge, MI%MichiganU.S.
$299 or Less00.00%, see rank0.19%0.20%
$300 to $49980.58%, see rank1.88%1.59%
$500 to $699765.55%, see rank6.65%5.01%
$700 to $99920815.19%, see rank19.56%14.32%
$1,000 to $1,49955340.39%, see rank34.69%27.90%
$1,500 to $1,99932023.37%, see rank20.06%20.35%
$2,000 to $2,99918113.22%, see rank12.84%19.52%
$3,000 or More231.68%, see rank4.13%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Grand Ledge, MI
19.80% of the Total Income
Michigan
22.60% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Grand Ledge, MI%MichiganU.S.
10% or Less634.60%, see rank5.90%5.86%
10% to 20%63946.68%, see rank35.28%31.95%
20% to 30%43831.99%, see rank27.51%27.64%
30% to 40%15111.03%, see rank12.63%13.74%
40% or More785.70%, see rank18.20%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Grand Ledge, MI
473 USD
Michigan
463 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsGrand Ledge, MI%MichiganU.S.
$199 or Less455.92%, see rank4.74%7.76%
$200 to $29910213.42%, see rank12.46%14.70%
$300 to $49929138.29%, see rank40.41%34.63%
$500 to $69921728.55%, see rank25.95%21.16%
$700 or More10513.82%, see rank16.44%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Grand Ledge, MI
14.40% of the Total Income
Michigan
13.40% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Grand Ledge, MI%MichiganU.S.
10% or Less23230.53%, see rank35.33%40.19%
10% to 20%34745.66%, see rank33.76%31.47%
20% to 30%719.34%, see rank13.39%12.24%
30% to 40%395.13%, see rank6.18%5.64%
40% or More719.34%, see rank9.99%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Grand Ledge, MIMichiganU.S.
Total Housing Units3,675, 100%4,532,719132,741,033
1-unit, Detached2,162, 58.83%, see rank71.97%61.65%
1-unit, Attached111, 3.02%, see rank4.66%5.82%
2 Units120, 3.27%, see rank2.58%3.75%
3 or 4 Units113, 3.07%, see rank2.56%4.43%
5 to 9 Units246, 6.69%, see rank4.20%4.78%
10 or More Units591, 16.08%, see rank8.58%13.08%
Mobile Home, Boat, RV, Van, etc.332, 9.03%, see rank5.45%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Grand Ledge, MIMichiganU.S.
Total Housing Units3,675, 100%4,532,719132,741,033
1 Room123, 3.35%, see rank1.24%1.95%
2 Rooms58, 1.58%, see rank1.78%2.48%
3 Rooms222, 6.04%, see rank7.14%9.13%
4 Rooms598, 16.27%, see rank14.38%16.60%
5 Rooms760, 20.68%, see rank21.00%20.41%
6 Rooms597, 16.24%, see rank20.07%18.06%
7 Rooms616, 16.76%, see rank13.45%12.27%
8 Rooms385, 10.48%, see rank9.27%8.48%
9 Rooms or More316, 8.60%, see rank11.67%10.60%
Median Rooms5.60, see rank5.705.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Grand Ledge, MIMichiganU.S.
Total Housing Units3,675, 100%4,532,719132,741,033
No Bedroom123, 3.35%, see rank1.35%2.17%
1 Bedroom390, 10.61%, see rank9.11%11.16%
2 Bedrooms1,255, 34.15%, see rank26.33%26.69%
3 Bedrooms1,404, 38.20%, see rank43.93%39.70%
4 Bedrooms431, 11.73%, see rank15.80%16.05%
5 or More Bedrooms72, 1.96%, see rank3.47%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Grand Ledge, MIMichiganU.S.
Total Housing Units3,324, 100%3,827,880116,211,092
Utility Gas2,755, 82.88%, see rank77.13%48.85%
Bottled, Tank, or LP Gas30, 0.90%, see rank8.48%4.86%
Electricity508, 15.28%, see rank8.30%36.68%
Fuel Oil, Kerosene, etc.15, 0.45%, see rank1.40%5.86%
Coal or Coke0, 0.00%, see rank0.03%0.12%
Wood9, 0.27%, see rank3.39%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel7, 0.21%, see rank0.86%0.47%
No Fuel Used0, 0.00%, see rank0.39%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalGrand Ledge, MIMichiganU.S.
Occupied Units Paying Rent1,172, 100%1,028,83539,201,928
$199 or Less0, 0.00%, see rank1.86%1.50%
$200 to $29963, 5.38%, see rank3.88%3.18%
$300 to $499146, 12.46%, see rank9.32%7.37%
$500 to $699391, 33.36%, see rank23.63%16.01%
$700 to $999376, 32.08%, see rank35.23%29.17%
$1,000 to $1,499129, 11.01%, see rank20.17%26.88%
$1,500 to $1,99936, 3.07%, see rank3.85%9.79%
$2,000 or More31, 2.65%, see rank2.06%6.10%
Median$697, see rank$780$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Grand Ledge, MIMichiganU.S.
Occupied Housing Units3,324, 100%3,827,880116,211,092
No Vehicles Available332, 9.99%, see rank7.97%9.12%
1 Vehicles Available1,108, 33.33%, see rank35.06%33.80%
2 Vehicles Available1,364, 41.03%, see rank38.45%37.48%
3 or More Vehicles Available520, 15.64%, see rank18.52%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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