Grand Rapids Market Report
$428,721
AVERAGE PRICE OF 1,007 HOMES$1,538,755
AVERAGE PRICE OF 58 MULTI-MILLION DOLLAR HOMES$462,150
AVERAGE PRICE OF 84 NEWLY BUILT HOMES$546,377
AVERAGE PRICE OF 58 HOMES WITH A POOL$456,265
AVERAGE PRICE OF 47 REDUCED PRICE HOMESAverage Home
| Average Price | $428,721 |
| Avg Bedrooms | 3.26 beds |
| Avg Bathrooms | 1.98 baths |
Average Price by Bedrooms
| 1 bedroom | $281,726 |
| 2 bedrooms | $325,326 |
| 3 bedrooms | $356,863 |
| 4 bedrooms | $471,981 |
| 5 bedrooms | $705,934 |
Grand Rapids Home Price Trends
| 5/2025 | 4/2025 | 3/2025 | 2/2025 | 1/2025 | |
|---|---|---|---|---|---|
| Total Listings | 923 | 748 | 703 | 667 | 655 |
| Average Price | $423,126 | $430,041 | $420,770 | $427,934 | $424,733 |
| Avg Price Change | -1.63% | +2.20% | -1.70% | +0.75% | +0.90% |
| Median Price | $316,500 | $312,692 | $317,264 | $319,226 | $313,120 |
| Med Price Change | +1.22% | -1.46% | -0.62% | +1.95% | -2.45% |
| Avg Bedrooms | 3.21 beds | 3.18 beds | 3.15 beds | 2.88 beds | 2.46 beds |
| Avg Bathrooms | 1.94 baths | 1.88 baths | 1.8 baths | 1.75 baths | 1.74 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Ottawa Hills High School | 36 | $218,394 | 37 days |
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,007 | $428,721 | 61 days |
| Multi-Million Dollar Homes | 58 | $1,538,755 | 133 days |
| Newly Built Homes | 84 | $462,150 | 87 days |
| Homes with a Pool | 58 | $546,377 | 64 days |
| Reduced Price Homes | 47 | $456,265 | 56 days |
