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Grand Rapids Market Report

$414,716

AVERAGE PRICE OF 916 HOMES

$1,660,409

AVERAGE PRICE OF 44 MULTI-MILLION DOLLAR HOMES

$658,368

AVERAGE PRICE OF 44 NEWLY BUILT HOMES

$620,034

AVERAGE PRICE OF 46 HOMES WITH A POOL

$314,036

AVERAGE PRICE OF 61 REDUCED PRICE HOMES

Average Home

Average Price $414,716
Avg Bedrooms 2.63 beds
Avg Bathrooms 1.92 baths

Average Price by Bedrooms

1 bedroom $304,545
2 bedrooms $309,678
3 bedrooms $361,712
4 bedrooms $461,340
5 bedrooms $600,480
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 25 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 916 $414,716 60 days
Multi-Million Dollar Homes 44 $1,660,409 139 days
Newly Built Homes 44 $658,368 128 days
Homes with a Pool 46 $620,034 59 days
Reduced Price Homes 61 $314,036 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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