If you need assistance, please call 616-719-1022

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 HOMES

Average 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
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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