The story of this market
The typical home in ZIP 49327 sells for about $189,600, or $104 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,380 a month.
ZIP 49327 — Grant
The housing market in ZIP 49327 remains stable with affordable home values significantly below the national median. Market activity is characterized by low inventory and a high rate of owner-occupancy, with limited new development. Figures for specific metrics like price-cut percentage and months of supply are based on current portal listings, while demographic data is sourced from the most recent ACS estimates.
This ZIP is well-suited for families and individuals seeking a quiet, rural lifestyle with affordable housing options compared to the nearby Grand Rapids metropolitan area.
Median prices moved up 3.2% year over year.
Homes spend a median of 68 days on market with 4.2 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.1% · poverty 9.9% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 49327, Newaygo County MI
Crime rates in Grant are generally low and consistent with rural Newaygo County, with property crime being the most frequently reported incident type.
Schools serving the area are primarily managed by Grant Public Schools, which provides a standard rural educational experience with moderate performance ratings.
The area is primarily at risk for seasonal weather events including heavy winter snowfall and occasional severe thunderstorms; flood risk is generally low outside of immediate riparian zones.
Economic momentum is driven by local manufacturing, retail, and agricultural sectors, with limited large-scale commercial development currently underway.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Michigan) — Disabled Veterans Homestead Exemption: Provides an exemption from property taxes levied for school operating purposes and potentially other local taxes depending on eligibility. State (Michigan) — General Property Tax Act: Property is assessed at 50% of true cash value (State Equalized Value). Taxable value is capped at the lesser of the state equalized value or the previous year's taxable value adjusted by the consumer price index (up to 5%), unless a transfer of ownership occurs.
Residents are heavily reliant on personal vehicles, with a mean commute time of approximately 30.7 minutes as many workers travel toward the Grand Rapids metro area.
The area offers access to rural outdoor activities including local parks, nearby lakes for fishing and boating, and small-town community amenities within the city of Grant.
The rental market is characterized by limited inventory and a reliance on single-family homes, with rents trending upward in line with regional HUD fair market rent adjustments.
The local economy is anchored by manufacturing, retail trade, and healthcare services, with many residents commuting to larger employment hubs in the region.
Transportation is almost exclusively car-dependent, with limited public transit options available for daily commuting.
There are no major large-scale commercial or infrastructure projects currently reported for this ZIP code.
Newaygo County utilizes a standard assessment regime based on annual market value adjustments and state-mandated property tax caps.
Parcels are subject to local school district taxes and county-wide levies for emergency services and infrastructure maintenance.
Property insurance premiums are generally stable, though coverage for winter-related damage and wind events is a standard consideration for homeowners.
Data retrieved from US Census Bureau and Census Reporter profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
Local park providing green space and community gathering areas.
Various nearby lakes providing recreational fishing and boating access.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.