If you need assistance, please call 616-901-2696

Grand Rapids Market Report

$310,192

AVERAGE PRICE OF 542 HOMES

$196,050

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,413,839

AVERAGE PRICE OF 13 MULTI-MILLION DOLLAR HOMES

$445,105

AVERAGE PRICE OF 63 NEWLY BUILT HOMES

$468,167

AVERAGE PRICE OF 45 HOMES WITH A POOL

$402,920

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

Average Home

Average Price $310,192
Avg Bedrooms 3.02 beds
Avg Bathrooms 2.23 baths

Average Price by Bedrooms

1 bedroom $302,869
2 bedrooms $251,539
3 bedrooms $271,633
4 bedrooms $361,827
5 bedrooms $609,442
Grand Rapids Home Price Trends
  1/2021 12/2020 11/2020 10/2020 9/2020
Total Listings 537 676 859 948 1,004
Average Price $298,699 $281,383 $278,023 $282,142 $283,552
Avg Price Change +6.15% +1.21% -1.48% -0.50% -1.72%
Median Price $217,174 $209,900 $211,766 $216,083 $221,508
Med Price Change +3.47% -0.89% -2.04% -2.51% -2.12%
Avg Bedrooms 3.07 beds 3.07 beds 3.12 beds 3.17 beds 3.17 beds
Avg Bathrooms 2.18 baths 2.16 baths 2.19 baths 2.24 baths 2.25 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 542 $310,192 62 days
Distressed Homes 4 $196,050 82 days
Multi-Million Dollar Homes 13 $1,413,839 75 days
Newly Built Homes 63 $445,105 88 days
Homes with a Pool 45 $468,167 75 days
Reduced Price Homes 5 $402,920 29 days
Keller Williams Grand Rapids North
Roger Ackerman
3237 Platinum Street NE
Grand Rapids, MI 49525
616-901-2696

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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.
Copyright 2021 MichRIC, LLC. All rights reserved.
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