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Grand Rapids

Grand Rapids Market Report

$272,489

AVERAGE PRICE OF 973 HOMES

$131,788

AVERAGE PRICE OF 9 DISTRESSED HOMES

$1,425,790

AVERAGE PRICE OF 19 MULTI-MILLION DOLLAR HOMES

$432,485

AVERAGE PRICE OF 92 NEWLY BUILT HOMES

$439,912

AVERAGE PRICE OF 64 HOMES WITH A POOL

$269,039

AVERAGE PRICE OF 48 REDUCED PRICE HOMES

Average Home

Average Price $272,489
Avg Bedrooms 3.16 beds
Avg Bathrooms 2.24 baths

Average Price by Bedrooms

1 bedroom $234,543
2 bedrooms $206,991
3 bedrooms $225,101
4 bedrooms $329,158
5 bedrooms $508,512
Grand Rapids Home Price Trends
  11/2019 10/2019 9/2019 8/2019 7/2019
Total Listings 1,082 1,173 1,147 1,130 1,034
Average Price $273,932 $274,780 $277,861 $279,400 $284,349
Avg Price Change -0.31% -1.12% -0.55% -1.77% +0.43%
Median Price $204,073 $208,103 $212,488 $216,210 $219,900
Med Price Change -1.97% -2.11% -1.75% -1.71% +4.73%
Avg Bedrooms 3.21 beds 3.23 beds 3.25 beds 2.63 beds 3.32 beds
Avg Bathrooms 2.26 baths 2.28 baths 2.31 baths 1.68 baths 2.4 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 973 $272,489 71 days
Distressed Homes 9 $131,788 70 days
Multi-Million Dollar Homes 19 $1,425,790 147 days
Newly Built Homes 92 $432,485 125 days
Homes with a Pool 64 $439,912 78 days
Reduced Price Homes 48 $269,039 59 days