Grand Junction, MI 49056 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Grand Junction, MI—49056

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$212,000

0.3% YoY Growth

Household Income

$60,100

46.7% YoY Growth

Days on Market

113

56.0% Longer YoY

Home Price Forecast

N/A

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Grand Junction, MI

Grand Junction, MI lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$212,000	-0.3%
Single Family	$212,000	0.5%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Grand Junction, MI

Grand Junction, MI lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

3.1%

1 Bedroom

9.2%

2 Bedrooms

28.2%

3 Bedrooms

54.0%

4 Bedrooms

5.5%

Property Listings — Grand Junction, MI

As of Dec '25, Realtor.com reports that the median days on market for a home in Grand Junction, MI is 92. This is a increase of 69.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$395,000	48.0%
Listing Count	9	-23.0%
Listings as % of Homes	0.6%	-23.0%
Days on Market	113	56.0%

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Demographics — Grand Junction, MI

As of the latest ACS Survey released in 2023, Grand Junction, MI has a population of 4,050, which has increased by 15.4% over the past 5 years. Grand Junction, MI is a popular place for families, as children make up 26.6% of the population. The area has a poorly educated workforce, with 14.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	4,050	15.4%
% Under 18	26.6%	26.7%
% Seniors	15.1%	-19.7%
% WFH	5.8%	-40.2%
% w/ College Degree	14.4%	53.2%

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As of the latest ACS Survey released in 2023, Grand Junction, MI is a predominantly white area, with 73.6% of the population identifying as white. The white population has shrunk by 9.5% in the last 5 years. The second most common race or ethnicity in Grand Junction, MI is hispanic, making up 18.6% of the population. Foreign-born residents account for 8.4% of the population in Grand Junction, MI, and this percentage has increased by 7.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	73.6%	-9.5%
% Black	2.8%	16.7%
% Hispanic	18.6%	64.6%
% Asian	0.7%	250.0%
% Foreign Born	8.4%	7.7%

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Mortgage and Risk — Grand Junction, MI

According to HUD data as of 2023, there were 42 mortgage originations in Grand Junction, MI, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Grand Junction, MI. Investor activity is low, as 0.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	42
% Conventional Loans	90.0%
% Government Loans	10.0%
% Investor Loans	0.0%
% Second Loans	10.0%
% Cash Out Refinance	12.0%

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Rentals and Section 8 — Grand Junction, MI

Grand Junction, MI lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	N/A
Total Units Section 8	N/A
% Rentals under Section 8	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$760
2 Bedroom	N/A	N/A	$1,000
3 Bedroom	N/A	N/A	$1,290
4 Bedroom	N/A	N/A	$1,320

Grand Junction, MI—49056

Key Metrics at a Glance

Home Price Trends — Grand Junction, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Grand Junction, MI

% of Rental Stock

Property Listings — Grand Junction, MI

Demographics — Grand Junction, MI

Race and Ethnicity

Mortgage and Risk — Grand Junction, MI

Mortgages

Rentals and Section 8 — Grand Junction, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Grand Junction, MI

Home Price to Income Ratio

Grand Junction, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Breedsville

Pullman, MI

Bloomingdale, MI

Bangor, MI

South Haven, MI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.2
Median Home Price	$212,000
Median Household Income	$60,100

Grand Junction, MI—49056

Key Metrics at a Glance

Home Price Trends — Grand Junction, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Grand Junction, MI

% of Rental Stock

Property Listings — Grand Junction, MI

Demographics — Grand Junction, MI

Race and Ethnicity

Mortgage and Risk — Grand Junction, MI

Mortgages

Rentals and Section 8 — Grand Junction, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Grand Junction, MI

Home Price to Income Ratio

Grand Junction, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Breedsville

Pullman, MI

Bloomingdale, MI

Bangor, MI

South Haven, MI

Frequently Asked Questions

What is the average home price in Grand Junction, MI 49056?

How have home prices in Grand Junction, MI 49056 changed over the past year?

What is the home price projection for Grand Junction, MI 49056?

What are the demographics of Grand Junction, MI 49056?

How long does it take homes to sell in Grand Junction, MI 49056?

What is the average rent price in Grand Junction, MI 49056?