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Grand Rapids Market Report

$433,240

AVERAGE PRICE OF 793 HOMES

$1,718,837

AVERAGE PRICE OF 38 MULTI-MILLION DOLLAR HOMES

$635,087

AVERAGE PRICE OF 46 NEWLY BUILT HOMES

$522,641

AVERAGE PRICE OF 48 HOMES WITH A POOL

$421,136

AVERAGE PRICE OF 33 REDUCED PRICE HOMES

Average Home

Average Price $433,240
Avg Bedrooms 2.72 beds
Avg Bathrooms 2.05 baths

Average Price by Bedrooms

1 bedroom $316,870
2 bedrooms $295,325
3 bedrooms $364,400
4 bedrooms $485,601
5 bedrooms $763,780
Grand Rapids Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 694 590 530 483 486
Average Price n/a n/a $445,843 $437,147 $429,467
Avg Price Change n/a n/a +1.99% +1.79% -0.27%
Median Price $326,681 $322,687 $326,861 $320,715 $309,230
Med Price Change +1.24% -1.29% +1.92% +3.71% -2.40%
Avg Bedrooms 2.64 beds 2.53 beds 2.52 beds 2.48 beds 2.39 beds
Avg Bathrooms 2.04 baths 2.02 baths 2.06 baths 2 baths 1.9 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Forest Hills Central High School 6 $755,300 17 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 793 $433,240 59 days
Multi-Million Dollar Homes 38 $1,718,837 129 days
Newly Built Homes 46 $635,087 127 days
Homes with a Pool 48 $522,641 49 days
Reduced Price Homes 33 $421,136 35 days
Bellabay Realty Grand Rapids
4653 Plainfield Ave Suite A
Grand Rapids, MI 49525
616-719-1022

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
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