Grand Rapids Market Report
$414,265
AVERAGE PRICE OF 918 HOMES$1,671,140
AVERAGE PRICE OF 43 MULTI-MILLION DOLLAR HOMES$656,269
AVERAGE PRICE OF 45 NEWLY BUILT HOMES$613,436
AVERAGE PRICE OF 47 HOMES WITH A POOL$306,989
AVERAGE PRICE OF 58 REDUCED PRICE HOMESAverage Home
Average Price | $414,265 |
Avg Bedrooms | 2.63 beds |
Avg Bathrooms | 1.92 baths |
Average Price by Bedrooms
1 bedroom | $304,545 |
2 bedrooms | $310,667 |
3 bedrooms | $362,797 |
4 bedrooms | $459,590 |
5 bedrooms | $595,450 |
Grand Rapids Home Price Trends
9/2024 | 8/2024 | 7/2024 | 6/2024 | 5/2024 | |
---|---|---|---|---|---|
Total Listings | 895 | 853 | 808 | 754 | 694 |
Average Price | $422,039 | $415,214 | $430,782 | $431,537 | n/a |
Avg Price Change | +1.64% | -3.75% | -0.18% | n/a | n/a |
Median Price | $317,088 | $319,255 | $321,800 | $327,261 | $326,681 |
Med Price Change | -0.68% | -0.80% | -1.70% | +0.18% | +1.24% |
Avg Bedrooms | 2.67 beds | 2.66 beds | 2.66 beds | 2.71 beds | 2.64 beds |
Avg Bathrooms | 1.95 baths | 1.96 baths | 2 baths | 2.06 baths | 2.04 baths |
Home Price by High School
School Name | Total Homes | Average Price | Avg Days on Site |
---|---|---|---|
Union High School | 5 | $235,940 | 27 days |
Home Price by House Size
Total Homes | Average Price | Avg Days on Site | |
---|---|---|---|
All Homes | 918 | $414,265 | 61 days |
Multi-Million Dollar Homes | 43 | $1,671,140 | 139 days |
Newly Built Homes | 45 | $656,269 | 127 days |
Homes with a Pool | 47 | $613,436 | 60 days |
Reduced Price Homes | 58 | $306,989 | 42 days |