House Prices

House Prices & Home Values Grass Lake, MI 2026


Average Data

average house price$349,220
average size per house2221 ft²
average price per ft²158 $ / ft²

04/05/2026 - The value range (VR) for house prices in Grass Lake, MI is $165/ sqft to $165/ sqft. An average home with 2221 sqft costs approximately $366,465 to $366,465. Grass Lake, MI includes 1 ZIP codes and it is located in Jackson county. The lowest prices are found in ZIP 49240, while the highest are in ZIP 49240. The average price per sqare feet is $158. Our analysis is based on 15 property listings.

Avergage prices by ZIP codes Grass Lake

49240168 $ / ft²




Historical development of home values in Grass Lake

Year Estimated value (USD) Change vs. 2025
2010 $162,184 -53.6%
2011 $155,912 -55.4%
2012 $155,493 -55.5%
2013 $161,305 -53.8%
2014 $169,325 -51.5%
2015 $178,016 -49.0%
2016 $187,306 -46.4%
2017 $197,415 -43.5%
2018 $208,330 -40.3%
2019 $217,990 -37.6%
2020 $229,259 -34.4%
2021 $260,757 -25.3%
2022 $303,984 -13.0%
2023 $320,565 -8.2%
2024 $339,110 -2.9%
2025 $349,220 0.0%

Graph: estimated home values in Grass Lake over time (USD)



Example: 100% financing house in Grass Lake

Loan amount: $349,220

Interest rate: 6.00%

Fixed monthly payment: $2,093.75

Breakdown in the 1st month:
Interest portion: $1,746.10  –  Principal portion: $347.65

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $20,836.54 $4,288.46 $344,931.54
2 $20,572.04 $4,552.97 $340,378.57
3 $20,291.22 $4,833.78 $335,544.79
4 $19,993.08 $5,131.92 $330,412.87
5 $19,676.56 $5,448.45 $324,964.42
6 $19,340.51 $5,784.49 $319,179.93
7 $18,983.74 $6,141.27 $313,038.66
8 $18,604.96 $6,520.05 $306,518.62
9 $18,202.81 $6,922.19 $299,596.42
10 $17,775.87 $7,349.14 $292,247.29
11 $17,322.59 $7,802.41 $284,444.87
12 $16,841.35 $8,283.65 $276,161.22
13 $16,330.44 $8,794.57 $267,366.66
14 $15,788.01 $9,337.00 $258,029.66
15 $15,212.12 $9,912.88 $248,116.77
16 $14,600.72 $10,524.29 $237,592.49
17 $13,951.60 $11,173.40 $226,419.08
18 $13,262.45 $11,862.55 $214,556.53
19 $12,530.79 $12,594.21 $201,962.32
20 $11,754.01 $13,370.99 $188,591.32
21 $10,929.32 $14,195.69 $174,395.64
22 $10,053.76 $15,071.25 $159,324.39
23 $9,124.20 $16,000.81 $143,323.58
24 $8,137.30 $16,987.70 $126,335.88
25 $7,089.54 $18,035.47 $108,300.41
26 $5,977.15 $19,147.86 $89,152.56
27 $4,796.15 $20,328.85 $68,823.70
28 $3,542.31 $21,582.69 $47,241.01
29 $2,211.14 $22,913.87 $24,327.14
30 $797.86 $24,327.14 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Grass Lake, MI


1500 sqft3900 sqft
Ø selling price$286,771$610,038
Ø fast selling$260,701$549,035
Ø high price sale$312,840$671,042

In 2026, houses in Grass Lake, MI will be offered at an average price of $158 per square foot. A 1,500 sqft home priced at $286,771 is 23.32% more expensive per square foot than a 3,900 sqft home priced at $610,038. Home prices in Grass Lake, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $422,335. Sellers who can wait longer may achieve a higher price of up to $516,187.


Discover Grass Lake, MI

Overview

Grass Lake, MI is a charming lakeside community in Jackson County offering small-town warmth and convenient access to Ann Arbor and Jackson via I-94.
Visitors and residents alike enjoy scenic waterfront views, historic architecture, and a welcoming downtown filled with local businesses.

Outdoor Recreation

Top things to do in Grass Lake include kayaking, paddleboarding, and fishing for bass and bluegill throughout the warmer months.
Nearby Waterloo Recreation Area adds miles of hiking and biking trails, birding hotspots, and winter sports opportunities.
Public parks and boat launches make it easy to plan a day on the water or a sunset picnic.

Community and Living

The village hosts family-friendly events, farmers markets, and seasonal festivities that showcase local artisans and regional flavors.
Grass Lake Community Schools and active civic groups contribute to a close-knit atmosphere focused on education and volunteerism.
Real estate options and homes for sale in Grass Lake range from waterfront cottages to country properties, giving homebuyers value and room to grow.

Visiting Tips

Stroll the downtown corridor for coffee, antiques, and hometown eateries, then explore nearby wineries and farm stands along picturesque backroads.
Plan your trip from late spring through fall for peak lake activities, or visit in winter for quiet trails and crisp, snowy vistas.



FAQ – Home Values in Grass Lake

What is the median home value in Grass Lake in 2026?

In 2026, the typical home value in Grass Lake is about $349,220 for an average home size of 2221 square feet. This corresponds to an average price of roughly $158 per square foot.

What is the average cost per square foot in Grass Lake?

In 2026, homes in Grass Lake sell for an average of around $158 per square foot, with a typical range between $165 and $165 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Grass Lake is about 2221 square feet, with an estimated 2026 value around $349,220.



Locations close to Grass Lake, MI

Hanover, MI126 $ / ft²
Hillsdale, MI82 $ / ft²
Homer, MI115 $ / ft²
Deerfield, MI104 $ / ft²
Concord, MI134 $ / ft²
Clinton, MI147 $ / ft²




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