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Ryan Tarchala
616-930-7039
6501420254

Grand Rapids

Grand Rapids Market Report

$276,151

AVERAGE PRICE OF 1,155 HOMES

$115,977

AVERAGE PRICE OF 9 DISTRESSED HOMES

$1,400,048

AVERAGE PRICE OF 21 MULTI-MILLION DOLLAR HOMES

$429,466

AVERAGE PRICE OF 94 NEWLY BUILT HOMES

$433,068

AVERAGE PRICE OF 74 HOMES WITH A POOL

$259,015

AVERAGE PRICE OF 64 REDUCED PRICE HOMES

Average Home

Average Price $276,151
Avg Bedrooms 3.23 beds
Avg Bathrooms 2.29 baths

Average Price by Bedrooms

1 bedroom $213,607
2 bedrooms $215,596
3 bedrooms $228,614
4 bedrooms $307,379
5 bedrooms $496,947
Grand Rapids Home Price Trends
  9/2019 8/2019 7/2019 6/2019 5/2019
Total Listings 1,147 1,130 1,034 994 924
Average Price $277,861 $279,400 $284,349 $283,125 $285,845
Avg Price Change -0.55% -1.77% +0.43% -0.96% +0.11%
Median Price $212,488 $216,210 $219,900 $209,964 $211,182
Med Price Change -1.75% -1.71% +4.73% -0.58% +0.20%
Avg Bedrooms 3.25 beds 2.63 beds 3.32 beds 3.32 beds 3.28 beds
Avg Bathrooms 2.31 baths 1.68 baths 2.4 baths 2.37 baths 2.38 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,155 $276,151 58 days
Distressed Homes 9 $115,977 50 days
Multi-Million Dollar Homes 21 $1,400,048 105 days
Newly Built Homes 94 $429,466 103 days
Homes with a Pool 74 $433,068 57 days
Reduced Price Homes 64 $259,015 52 days