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Grand Rapids

Grand Rapids Market Report

$291,333

AVERAGE PRICE OF 991 HOMES

$163,260

AVERAGE PRICE OF 5 DISTRESSED HOMES

$1,285,614

AVERAGE PRICE OF 21 MULTI-MILLION DOLLAR HOMES

$420,919

AVERAGE PRICE OF 87 NEWLY BUILT HOMES

$364,062

AVERAGE PRICE OF 81 HOMES WITH A POOL

$303,825

AVERAGE PRICE OF 35 REDUCED PRICE HOMES

Average Home

Average Price $291,333
Avg Bedrooms 3.08 beds
Avg Bathrooms 2.39 baths

Average Price by Bedrooms

1 bedroom $236,865
2 bedrooms $227,202
3 bedrooms $256,412
4 bedrooms $324,168
5 bedrooms $572,237
Grand Rapids Home Price Trends
  6/2020 5/2020 4/2020 3/2020 2/2020
Total Listings 954 758 667 757 710
Average Price $290,195 $291,433 $289,434 $281,068 $289,993
Avg Price Change -0.43% +0.69% +2.98% -3.18% +3.88%
Median Price $225,871 $229,200 $225,775 $218,345 $218,693
Med Price Change -1.47% +1.52% +3.40% -0.16% +3.64%
Avg Bedrooms 3.08 beds 3.16 beds 3.11 beds 3.09 beds 3.12 beds
Avg Bathrooms 2.39 baths 2.29 baths 2.29 baths 2.24 baths 2.26 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 991 $291,333 33 days
Distressed Homes 5 $163,260 54 days
Multi-Million Dollar Homes 21 $1,285,614 51 days
Newly Built Homes 87 $420,919 106 days
Homes with a Pool 81 $364,062 51 days
Reduced Price Homes 35 $303,825 47 days