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Grand Rapids Market Report

$430,818

AVERAGE PRICE OF 618 HOMES

$1,696,097

AVERAGE PRICE OF 31 MULTI-MILLION DOLLAR HOMES

$625,233

AVERAGE PRICE OF 55 NEWLY BUILT HOMES

$526,259

AVERAGE PRICE OF 37 HOMES WITH A POOL

$352,077

AVERAGE PRICE OF 27 REDUCED PRICE HOMES

Average Home

Average Price $430,818
Avg Bedrooms 2.55 beds
Avg Bathrooms 1.98 baths

Average Price by Bedrooms

1 bedroom $252,818
2 bedrooms $316,805
3 bedrooms $333,683
4 bedrooms $464,350
5 bedrooms $803,915
Grand Rapids Home Price Trends
  11/2023 10/2023 9/2023 8/2023 7/2023
Total Listings 679 714 674 692 666
Average Price $428,201 $425,328 $423,698 $425,293 $422,888
Avg Price Change +0.68% +0.38% -0.38% +0.57% +3.45%
Median Price $314,803 $308,175 $317,060 $319,177 $320,992
Med Price Change +2.15% -2.88% -0.67% -0.57% +6.49%
Avg Bedrooms 2.6 beds 2.57 beds 2.5 beds 2.55 beds 2.66 beds
Avg Bathrooms 2.03 baths 1.98 baths 1.91 baths 1.94 baths 1.99 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 618 $430,818 75 days
Multi-Million Dollar Homes 31 $1,696,097 201 days
Newly Built Homes 55 $625,233 63 days
Homes with a Pool 37 $526,259 75 days
Reduced Price Homes 27 $352,077 33 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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